Accounting & Taxation
Financial Due Diligence
Our team of experts has extensive experience in managing and conducting financial due diligence in acquisition of Australian companies.
Shining specialises in conducing financial due diligence on target companies that are Australian Financial Services Licence holders or Australian Credit Licence holders.
The information required to complete a financial due diligence review is dictated by the agreed-upon scope as well as the reporting capabilities of the target company.
We will look at information such as
Historical Financial Data
including statutory accounts, detailed management accounts and reports and income tax returns. Where statutory accounts have been audited, access to audit work papers may also aid the financial due diligence process.
Business Plans & Forecast Financial Information
including budgets and cash flow forecasts.
Current Financial Data
such as year-to-date management accounts.
Minutes of Directors' Meetings & Management Meetings
If you intend to acquire an Australian entity and would like some or all of the following questions answered,
please conduct us
Is the information provided for the target companies reliable?
Are the historical earnings of the company sustainable?
What are the possible synergies associated with the proposed acquisition?
What are the immediate and future tax consequences of the proposed acquisition?
What plans need to be put in place for the post-acquisition implementation process?
What are the financial risks associated with the acquisition?
Is the purchase price fair given the results of the due diligence process?
Based on the outcome of the due diligence are there any potential deal breakers?
Is the structure of the acquisition appropriate and should any issues such as guarantees be included in the purchase documentation?