Business combination accounting: step-by-step closing checklist

Create a business combination accounting checklist for acquisition of {target_name}.

Inputs:
- Deal structure and date: {deal_structure_date}
- Consideration details: {consideration}
- Preliminary PPA outputs (if any): {ppa_outputs}
- Integration systems and close timeline: {integration_timeline}
- Contingent consideration/earnouts: {earnouts}

Output:
1) Step-by-step checklist: initial recognition, measurement period items, disclosures.
2) Workpaper list and evidence requirements.
3) Journal entry list (acquisition accounting, goodwill, deferred taxes if provided).
4) Risks and questions for valuation/tax specialists.

Make it close-ready and practical.