1. 1When SEC and GAAP standards are not compatible or even conflict with each other, whose guidance should we follow? Is there a general guidance to follow or it depends on the situation?
2. 2What didMr.Genghinisay you should do that will help gain an advantage over others?
3. 3How did Mr.Genghini'sunusual career path help prepare him for the hard projects?
4. 4What are the advantages and disadvantages of a earn-out to both the buyer and the seller in an acquisition?
5. 5How could Earn Out help alleviate risks in doing business for buyer and seller and get in a better agreement to?
6. 6Under what circumstance company will use push down rather than historical costs for merger and acquisition? When does the company make the election to apply pushdown accounting?
7. 7What is EBITA for measuring companys value, especially for private company? And which statement EBITA is focused on?Why is EBITDA often be used to compare the profit potential between companies?
8. 8What are the consequences for overpaying for goodwill as a buyer of a business or when looking to merge two companies?
9. 9Which method do you think is better to subsequently evaluate the value of goodwill? IFRS or GAAP.IFRS and US GAAP follow certain guidelines that prove that a business combination has occurred. If IFRS and GAAP decided to merge and create one set of standards for all firms, which standard is worthy and easy to adopt?
10. 10Whatisthenumberoneemergingissueinfinancialreportinginyouropinion?Pleaseindicatetheimpacttoatleastthreestakeholders,excludingshareholders.

answer the five of above questions, and three paragraphs