Ask any accountant what the most difficult sort of job that they do is and there is a pretty good chance that they would respond with mergers and acquisitions. There is an enormous amount of paperwork involved, and anyone knows that the more paperwork that is involved in a particular situation the higher the chances will be that someone could make a serious mistake that would end up derailing everything before it had a chance to truly take off in a way that would be worth it and financially sound for the long term especially considering the amount of money that is usually involved in these kinds of deals.
If you are trying to merge with another company, acquire a smaller business or you yourself are being absorbed into a bigger corporation, you would need to hire Accounting & Tax Advisers CPAs to do the paperwork for you. Even if you have your very own accounting department, they probably have never dealt with anything quite at this scale before. Hence, they would potentially not be up to the task and since you can’t really afford any mistakes in this particular situation you should hire outside experts to come in and handle things on your behalf.
This would greatly reduce the chances that a mistake would be made and it would ensure a far smoother merger or acquisition. Everyone just wants to get the due diligence out of the way after all, and if a group of professionals who have done things like this many times before come into play then they would most likely help it go along at a far quicker rate, and when you factor the higher quality work in it definitely seems worth it.