Partnership

Question:

I am purchasing a junior partnership in a pharmacy. Can I use the same accountant as the vendor?

This question was asked on 31 January 2010

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Expert Response

We strongly recommend that the vendor and the purchaser use different accountants. Professionally it's a conflict of interest for the accountant. However, it is prudent for both parties to receive independent advice.

Also, make sure your advisers have pharmacy expertise.

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Partnership

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