Accounting Services

Our long-term experience with a prestigious international law firm helped us to gain thorough expertise in the most complicated M&A transactions, which we can offer to our clients for very competitive fees.

The Czech Republic offers outstanding opportunities to build partnerships in dynamic, high-potential industrial, financial and information technology sectors. Quick Merger have extensive experience in the Czech Republic and abroad, and the knowledge to assist their clients in the full range of transactions involving privatization, mergers, acquisitions, and restructuring of corporate entities. Our team is prepared to guide our clients from initial exploration of the possibilities for investment to the full realization of profitable, advantageously structured operations in the Czech Republic and elsewhere in Central Europe.

Accounting Services

1) Pre-Merger Advisory

Is it worth it and is it feasible? That is the most fundamental question which needs to be answered while assessing the advantages or necessity of a merger in the Czech Republic. Apart from the factual and economic reasons/factors, legal and tax factors must be always taken into the count. We always try to simplify and streamline the process so the client receives the best result as soon as possible. We are also ready to organize a market research for you, including identification of potential investors to your firm or companies to take over within the market.

We can assist with:

Identification of possible accounting and audit factors related to the merger
Choosing the most appropriate merger with respect to identified accounting benefits and risks
Cooperation with the legal and tax team in order to achieve maximum efficiency
Assistance in looking for a strategic partner outside the holding group for merger

2) Due Diligence

In the case of a merger with a company outside the client’s holding group, it is appropriate to assess the accounting risks that may be transferred to the client during the merger. We are able to evaluate and provide information about potential accounting risks in these areas:

Financial statements and Annual Report
Payroll accounting including contribution to social security and health insurance
Depreciation and accounting value of fixed assets
Accounting provisions and reserves
Deferred tax

3) Merger Structuring

We especially concentrate on helping with:

Advice on a merger timeline
Draft of the merger step-list
Advice on merger financing
Elimination of receivables arising from the merger against equity

4) Realization

During realization we are usually supporting the client with:

Execution of financial statements of the respective companies
Arrange for the auditor’s statement on the transaction or audit of financial statements
Accounting support in the period between the decisive date and the date of entry of the merger in the Commercial Register
Preparation of the opening balance sheet of the new companies or audit of opening balance sheet

5) Post-Merger Actions

Post acquisition reorganization and setting up processes.

Set up the customer’s supply chain, risk and function of individual entities
- Economic / business aspect
- Optimising the tax burden
- Accounting aspects (reporting) – impact on financing
Set up KPIs and motivate employees
Reduce risk for the owner, key managers, statutory bodies
Assistance with setting transfer prices and documentation on transfer pricing
Advance Pricing Agreement (APA)Internal audit, controlling

Accounting Services