A due diligence audit is a procedure for evaluating a company’s financial health and performance. It helps to understand the company's abilities, target audience, potential clients, and profit-making abilities. Generally, companies expect due diligence audit services to create an audit report during business mergers and acquisitions. It helps in decision-making by putting all risks and opportunities in front of you. Although due diligence audits can be required by law, they are most typically used in voluntary investigations.
Here is the most common type of due diligence audit in the UAE.
To authenticate a company's financial statements, Audit firms in Dubai, UAE analyze transaction data, trade results, cash flow, and balance sheet. The goal of engaging financial due diligence auditors is to determine the company's financial risk and forecast. It also includes a company's future financial requirements
Commercial due diligence can identify a wide range of commercial criteria such as competitor analysis, target market research, customer feedback, service feedback, and any other information that the acquirer requires.
The non-financial factors of a company are examined during operational due diligence. Auditors in the UAE conduct due diligence audits to gain a better understanding of a company's operations, structure, internal processes and systems, management team performance evaluations, and HR processes.
Legal due diligence helps in the assessment of any legal risks associated with the company. It keeps track of any legal disputes it has, whether with local governments, competitors, or its staff.
Reyson Badger provides one of the most successful Due Diligence Audit services in the UAE. We provide all types of due diligence audit services that can help you decide to merge or buy a company in Dubai and UAE without any hassles.