THE ROLE OF INTERNATIONAL ACCOUNTANTS IN MERGERS AND ACQUISITIONS
ABSTRACT
This study aims to examine (1) the role of international accountants in the due diligence process of mergers and acquisitions (M&As), (2) the challenges faced in cross-border M&As, and (3) the impact of accounting practices on the success of M&As. A survey research design is justified to collect diverse insights from international accountants involved in M&As. Using Taro Yamane's formula, a sample size of 340 respondents was selected to ensure a representative sample. The case study is conducted in Lagos, Nigeria, due to its status as a major center for international business transactions. The reliability coefficient score of the survey instrument is 0.86, indicating high internal consistency. Findings reveal that international accountants play a crucial role in financial analysis, risk assessment, and regulatory compliance during M&As, significantly influencing the outcome of these transactions. Recommendations emphasize the need for specialized training in M&A accounting and the development of standardized frameworks to streamline the due diligence process.
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