What is due diligence?
Due diligence is the term used to describe doing your research on a business, person or potential investment before signing the contract. You need to do the hard work first to make sure the financial position and results of the entity as represented by the vendor are accurate.
Do your research
If you're considering acquiring, investing in or merging with a business now is the time to perform an investigation of the potential risks and benefits associated with that decision.
By knowing what you are getting into and deciding if the potential benefits outweigh the risks, you are better placed to make a more informed decision.
By combining the strength of experience of our assurance, advisory and tax teams, we assist you in your decision to go ahead, or not, and provide advice on the most appropriate structures for tax and management of the acquired entity.
In our due diligence report we can include:
- Reliability of financial information
- Potential & current liabilities
- Accounting systems and controls
- Business and industry risks
- Key operational processes
- Critical success factors
- Tax implications, risks & opportunities
- Business synergy & cost saving opportunities
- Management & human resource matters
- Future working capital requirements