Financial Due Diligence
Singapore is a country that has set strict laws and guidance when it comes to doing business. One cannot simply commence operations in the country without having to pass through extensive processes to ensure that they don’t only have the capability and legal rights to operate their business but also that the government is in control of their entity no matter what it is. Doing business in Singapore is also more than just having the capital to keep the business afloat, instead, it is about complying with the Singaporean business laws and maximising the benefits of being in a well-established financial hub that offers extensive tax relief programs, incentives for business owners and stable government policies.
As companies all over the world seek to gain competitive advantage through transactions, many fail to deliver on their expected value simply because of poor due diligence, insufficient operational preparation & execution and lack of management’s effort involved in any business transactions. Among all these reasons, the weight of proper due diligence being carried out can never be neglected.
What is Due Diligence
Due diligence refers to an investigation or an audit which aims to confirm all facts, financial records or any business material needed before a person or an investor decides to enter into an agreement or financial transaction with another party. It can also refer to the investigation a seller does of a buyer to ensure that the buyer is capable of paying the full price of the business they want to acquire or any products or services they want to buy from the seller.
For us in Enterprise Assurance PAC, due diligence is more than just findings reports, but it is about providing business owners ongoing advice beyond the initial review. We have team of experts who takes into consideration every aspect of operations and schedules periodic assessment to ensure that our due diligence is up to date.
Financial Due Diligence
EAPAC specializes in financial due diligence and our flexible approach is not only comprehensive and designed to uncover key transaction issues, it is also focused on determining the effectiveness of processes, infrastructure, systems and financial reporting. EAPAC can also help you identify areas of future capital requirements. Our key areas of financial due diligence are: Quality of earnings, Quality of Assets, Working Capital, Net Debt, Off-balance sheet liabilities, Evaluation of Finance/Accounting Policies & Controls, Potential tax exposures and Assessment of financial projections.
The EAPAC Advantage
EAPAC’s in-depth due diligence service helps business owners grasp the possible impacts of certain business transactions and we enable them to move forward quickly while reducing business disruptions as we implement changes based on our findings.
To serve you better, we have a bundled service of tax and legal due diligence to fully cater to your business needs and requirements, especially if you are someone who’s currently looking for acquisitions and mergers. Our team of experienced financial managers are capable of advising clients on a full breadth of issues from minor negotiating points to major deal breakers.