Accounting & Tax Series: Post-Closing Working Capital Adjustments

Invitation Link:

The New York Private Equity Network ("NYPEN") and Ernst & Young LLP are pleased to invite you to the July session in the 2007 NYPEN Accounting & Tax Series, which will focus on Post-Closing Working Capital Adjustments and Their Effects on Purchase Price.

The session, to be held on July 24th, will use a case study format to demonstrate how to structure post-closing working capital adjustments to mitigate risk and optimize price. After a brief overview of the topic, participants will review an actual case which has been written to effectively highlight key points on the topic and provide a forum for discussion and questions.

At the end of this session you will have a working knowledge of:  
(1)  Various forms of post-closing working capital adjustment mechanisms
(2)  Techniques to optimize working capital targets and working capital requirements
(3)  The impact of closing balance sheet accounting on the purchase price adjustment

Session Details
Date:  Tuesday, July 24, 2007
Time:  7:00 pm - 8:30 pm (followed by cocktails)
Location:  Ernst & Young's office - 23rd floor, 5 Times Square (7th Ave btw. 42nd & 41st Streets)