Accounting assistance during a restructuring operation

As part of our customer's major restructuring operations, following its external growth through a takeover bid by a rival group, the general accounting team requested external expertise. The aim of this assignment was to support the Group in handling the tax, accounting and legal aspects of complex structuring operations such as capital increases or reductions, contributions, mergers and universal asset transfers (TUP). In particular, the aim is to secure the accounting and tax treatment of these operations, while ensuring regulatory compliance and the consolidation of accounts under French GAAP and IFRS. The assignment also involves setting up appropriate reporting systems to monitor financing operations, and supporting the accounting work of the Group's holding companies.

Our approach combines an in-depth analysis of the applicable tax regulations and a detailed examination of the legal documents relating to the restructuring operations. We then prepared the accounting entries required to accurately reflect these operations in the financial statements. A reporting system was designed to ensure the traceability of bridges between French GAAP and IFRS, which are essential for Group consolidation. In addition, the approach included close monitoring of transactions at holding company level, with recurrent work interfacing with internal teams to guarantee the consistency and quality of accounting and tax information.