Cross-border mergers and acquisitions (M&A) activity has
picked up significantly in the aftermath of the Covid pandemic, as
the world's organisations realise that doing business remotely
is not just possible, but can even be preferable in some
circumstances. Ambitious companies now have their sights firmly set
on new opportunities to develop and grow their business
internationally.
In the third quarter of 2021, for example, M&A activity
continued its unprecedented run with total global announced
transaction value increasing 13.7% sequentially and 32%
year-on-year to US$1.17 trillion. Commentators are bullish about
further growth in 2022.
International growth comes with a host of additional
considerations and requirements. One of the most important is the
creation of an effective group accounting manual.
