Survey Report: How businesses are confronting governmental licenses in M&As
Provided by Avalara2022-10-27T03:37:00
With all the moving parts of mergers and acquisitions (M&A), governmental licenses often get lost in the shuffle. But part of an M&A subject to the whims of thousands of licensing jurisdictions should not go ignored.
Avalara and Compliance Week polled 102 risk, compliance, and accounting and audit professionals as part of a survey on M&A pain points conducted from July through August.
In this report, you will learn:
- How survey respondents confront governmental licenses as part of their due diligence processes
- Best practices for setting aside financial reserves for potential noncompliance incidents during an M&A
- Risk mitigation measures to avoid fines or business disruptions for governmental license noncompliance