Due Diligence Services in New South Wales

The process of due diligence is essential for a wide range of organisational processes and transactions. By verifying financial reports, processes, policies, contracts and other important relevant information, you can ensure you’re making well-informed decisions. Whether you’re a corporate entity, not-for-profit or an individual, Brown Auditing Services helps clients in Hunter, Manning, Newcastle, and Central Coast gain confidence in decision-making with our tailored due diligence services.

What is Due Diligence?

Due diligence typically refers to an investigation, audit or review conducted in order to confirm details or facts of a matter under consideration. In the financial world, due diligence requires an examination of financial records before entering into a proposed contractual agreement or transaction with another party.

Due diligence is a systematic way of analysing and mitigating risk from a business or investment decision. It can include assessing readily available public information as well as conducting formal investigations such as commissioning an audit. Due diligence is also used in various other contexts, for example, conducting background checks on potential employees, reviewing company policies, reading product reviews and assessing safety risks in public spaces.

Process of Due Diligence

Due diligence processes vary depending on what is being examined and why. The mission is always to discover any hidden information that may influence your decision or ability to benefit from that decision. It’s a process of uncovering scenarios that might not be immediately evident without a thorough examination. For example, due diligence prior to purchasing a business may involve:

  • Reviewing customer and supplier contracts
  • Assessing profit history and business cash flow
  • Understanding why the business is being sold
  • Establishing any history of industrial relations or legal disputes
  • Examining supplier trading terms
  • Researching market and industry trends
  • Examining who owns the assets
  • Confirming whether any undisclosed liabilities exist
  • Looking at whether intellectual property is protected

Engaging a due diligence specialist can give you the assurance you need when considering any important business or organisational decision.

Due Diligence Report

At Brown Auditing Services, our due diligence process focuses on scrutinising financial, commercial and operational assumptions involved in a decision. Like all our auditing and assurance services, we tailor our approach to your needs and the circumstances. From there, we produce a due diligence report that rates the level of risk involved, considers strategies to address risks or make adjustments and provide recommendations based on information uncovered.

Due Diligence Services in New South Wales

At Brown Auditing Services, we provide auditing, assurance and due diligence services to a range of clients, from private companies to sporting clubs, trusts and not-for-profits across Maitland, Tamworth, Dubbo, Taree, Hunter, Rutherford, Orange and the Central Coast.

Get in touch for more guidance on what is due diligence and how we can help you. Book a no obligation consultation today by calling +61 428 661 200 or contact us online.