Due diligence is a critical step in business acquisitions, providing buyers with a comprehensive understanding of the target company’s financial health, risks, and potential. This process involves detailed assessments of financial records, legal obligations, and operational practices. In this blog, we will delve into the importance of due diligence, the different types of assessments involved, and how a Chartered Accountant can help you navigate this complex process. By conducting thorough due diligence, businesses can make informed acquisition decisions, avoid hidden liabilities, and negotiate better terms.
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