|
The purpose of carrying out of Due Diligence is a forming of full overview of a real financial condition of an enterprise and of all risks which can worsen competitiveness of an enterprise significantly.
Enterprising audit is carried out under the order of the owner (auditing) is directed on management performance evaluation and business management; under the order investor -accompanies transactions of amalgamation and absorption, and during realization of large investment projects.
As a rule During Due Diligence works which can be divided into three interconnected parts are performed: an estimation of system of accounting, reliability of the reporting and the financial analysis; an estimation of tax risks; a legal estimation of risks from obligations and the completeā transactions.
In that way our analysts, auditors and lawyers work in close interaction because detailed estimation of the transaction sometimes can be given only by joint efforts.
Following a principle of reasonable sufficiency (correlation of expenses and results) together we will discuss and work out the technical project. The maintenance, character and volume of necessary auditor and legal procedures, and also the form of presenting of results of work will be included in the task. The technical project is an essential part of the contract on rendering of services and can provide the analysis:
- organizational-legal documents;
- controlling authorities and control-gear;
- systems of construction of labor relations;
- branch establishments and branches;
- financial and tax reporting;
- right- establishing documents on immovable property;
- fictitious assets;
- structure and liquidity of circulating assets;
- promissory notes;
- off-balance obligations and requirements;
- acting insurance contracts;
- licenses and permissions;
- trials;
- analysis of other documents (contracts, agreements, proxies etc.).
|
About
RUS
Audit
