Saved Client 1.2 Million

Saved a client $1.2 million in a post close working capital adjustment proposed by the buyer.  I reviewed the buyers work papers related to the standards setting and inventory revaluation, then determined the seller had an error in the calculation in favor of my client.  The end result was the seller informed of the gross error and it placed all their proposed working capital adjustments due to accuracy and creditability of the accounting, so they settled with no adjustments to working capital and purchase price.