Carve-Out Financial Statements

Roadmap
Carve-Out Financial Statements (September 2024)

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This publication discusses key considerations related to preparing carve-out financial statements. Such financial statements may be required when an entity pursues a sale, spin-off, IPO, or SPAC transaction that involves a portion of the parent entity. They may also be necessary in various types of carve-out transactions as a means of reflecting the portion of a parent entity’s balances and activities that is being “carved out.”

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