# Completion Accounts

**IRI:** https://folio.openlegalstandard.org/RCAoasVOAmxHyW8UMRG5Btr

## Labels

**Alternative Labels:**

- Closing Accounts
- Final Settlement Accounts
- Post-Closing Accounts
- True-Up 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.

## 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.

## Sub Class Of

- https://folio.openlegalstandard.org/RBUtAfKXfMN4dku9MsqeFjW

**Deprecated:** False