Due diligence is an important business technique to consider before making any key business decisions or acquiring a company. Before you put your company finances into action, you need to understand its due diligence and how to do it correctly. Due Diligence is a process that involves risk and compliance checks, conducting an investigation, review, or inspection to verify facts and information about a particular subject. In simple words, Due Diligence means doing your homework and acquiring of required knowledge before entering into any agreement or contract with another company. Due Diligence is primarily carried out by private investigation firms, equity research firms, fund managers, individual investors, risk and compliance analysts, and firms and broker-dealers. What is the due diligence process? An investigator will often use forensic accounting investigations, background checks, surveillance, asset searches, financial investigations, and other corporate investigation methods to find out how a company works. In some cases, investigators will need to review public records, speak with company clients and customers, and contact overseas offices to uncover the legitimacy and potential of a company. A good private investigator will work with you to determine which methods your particular investigation needs. Who needs a due diligence check? A […] read more