Module I· HGB vs. IFRS — Structural DifferencesAdvanced
Question
What does a typical HGB-to-IFRS bridge DD workstream look like in M&A?
Answer
An HGB-to-IFRS DD bridge reconciles EBITDA, balance sheet, cash flow, net debt, working capital, and debt-like items to an international buyer basis.
Deep diveShow more details
Separate accounting-only changes from real cash economics. The best bridge shows reported HGB, IFRS adjustments, QoE adjustments, and run-rate metrics.