Due Diligence Audit
Due Diligence Audit
Due diligence audit is an investigation of a potential investment or product by reviewing all financial and operational records of the target business. Due diligence audit is mainly performed in the process of mergers and acquisition by investors and is the process through which a potential acquirer evaluates a business or entity and its assets for an acquisition.
Due diligence process contributes significantly to informed decision making by enhancing the amount and quality of information available to decision makers and by ensuring that this information is systematically used to deliberate in a reflexive manner on the decision at hand and all its cost benefits and risks.