Journals are created following the business rules and Chart of Accounts architecture for valid values to record and order financial information for management and reporting. Journals should contain ...

A business may have system-generated and manually entered journal entries for accounting. Some entries, such as accounts payable or payrolls, are automatically recorded in the computer system when a ...

This Checklist assumes that the signing of the principal transaction document precedes the closing of the transaction, as is common in most M&A transactions. Parties often need time after signing to ...

A Q&A on uptier liability management transactions, which can help distressed borrowers access capital, increase liquidity, and avoid a costly and time-consuming restructuring through a bankruptcy ...

On Tuesday, the IRS issued two corporate reorganization rulings, one of which involved a domestic corporation and a number of foreign subsidiaries and the second of which involved a reorganization of ...

The Durst refinancing was a custom, multi-party portfolio deal uniting lenders, rating agencies, and counsel: Each asset in the Durst portfolio was matched with the financing structure best suited to ...