Due Diligence is a process by which all the relevant information to making a decision on a particular transaction comes to light.
Identifying of issues related to transactions, facilitating early tackling
Establishing of true value or cost of a business transaction
Empowering to negotiate the best terms during transactions.
All businesses involved in acquisition or mergers as buyers or sellers must ensure that all financial information exchanged are verified and accurate, not only to prevent the buyers from paying more than the purchase price (or in the seller’s case, receiving less than the asking price), but also to ensure that their governance and risk management objectives are fulfilled.