{"iri":"http://lmss.sali.org/RCAoasVOAmxHyW8UMRG5Btr","id":"RCAoasVOAmxHyW8UMRG5Btr","label":"Completion Accounts","definition":"Completion Accounts are financial statements prepared as of the closing date of an M&A transaction to determine the final purchase price. They include adjustments for working capital, cash, debt, and other relevant items, ensuring the buyer pays a price reflecting the target's actual financial position at closing.","prefLabels":[],"altLabels":["Closing Accounts","Final Settlement Accounts","Post-Closing Accounts","True-Up Accounts"],"examples":["A target company’s Completion Accounts show a higher debt level at closing, resulting in a purchase price reduction.","The Completion Accounts include adjustments for previously undisclosed liabilities discovered during due diligence."],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/RlNFgB3TQfMzV26V4V7u4E","label":"Objectives"},"parents":[{"iri":"http://lmss.sali.org/RBUtAfKXfMN4dku9MsqeFjW","id":"RBUtAfKXfMN4dku9MsqeFjW","label":"Purchase Price Adjustment Mechanism"}],"children":[],"relations":[],"url":"https://lmss.io/tag/RCAoasVOAmxHyW8UMRG5Btr/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}