The different steps of a due diligence are:
  • Defining the most important steps together with the client (client, management committee, board of directors, etc.) and the corresponding reports
  • Determining the scope of the due diligence investigation
  • Drafting a calendar
  • Preparing and signing the engagement letter
  • Executing the assignment
  • Preparing the report
  • Concluding (continuation or termination of the transaction, requesting additional information)
In addition, the framework for financial due diligence must also be established:
  • Review of the most important financial documents (issues and difficulties)
  • Review of the most important financial parameters and cash indicators
  • General and financial organization
  • Assessment of the quality and accuracy of financial data: cross check of financial information 
  • Analysis of off-balance sheet obligations
  • Critical analyzis of the business plan