The Importance of Financial Due Diligence
Getting What You Pay For
Scenario A
Our law firm is considering acquiring another law firm in a market that we have been trying to infiltrate.
Scenario B
My client, a sole-practitioner physician, has the opportunity to purchase an interest in a larger medical practice.
Financial Due Diligence
Performing financial due diligence for a merger or acquisition involves more than simply reviewing the target’s financial statements.
- Do the financial statements reasonably reflect the operations of the business?
- Could there be hidden assets or liabilities that are not represented on the balance sheets?
- Are there discrepancies between the financial statements and tax returns?
SP&H is an expert at financial due diligence. Just as a physician can prescribe the right medication to help you feel better, SP&H can determine whether financial information reasonably reflects the operations of a business in a quick and cost- efficient manner.
