January 2000

International Operations Committee Discusses Border Due Diligence

Breakfast Meeting Recruits New Members

By Nereida Gomez

The NYSSCPA International Operations Committee's recent breakfast meeting featured a presentation by committee member Gregg H. Saunders on due diligence in cross-border transactions.

The event, which was well attended by committee members and nonmembers, helped recruit new members. As a result of the meeting, three attendees joined the committee.

Saunders shared his expertise on trends in cross-border merger and acquisition transactions--from the initial planning of an engagement through the final report to the potential buyer. He discussed team composition, key areas during the due diligence process, local issues, and other key business issues to consider when advising a client on such transactions. He provided many examples of actual experiences to articulate his views.

"Gregg Saunders' presentation was both insightful and informative," committee Chair Alan Alzfan said. "His experience and use of examples really highlighted the areas he discussed."

To serve on the International Operations Committee, or any other committee, contact NYSSCPA Manager of Committee Relations Nereida Gomez at (212) 719-8358,
(800) 633-6320, or ngomez@nysscpa.org. *