Due Diligence

An increasing dependency on remote electronic accounting and financial systems has made it possible for the misappropriation of funds through cyber attacks, identity theft, and other schemes. Criminals today, use more and more complex ways to conceal the source and location of misappropriated assets. As investments in the market are on the rise, investors face all kinds of fraud, including cooked-up or inflated growth stories forming the base of valuation. Also, promoters divert funds of investors for their personal purposes. Such instances of misrepresentation, fraud, and investors’ reliance on the financial information offered have led to forensic financial accounting becoming an integral part of due diligence.

While due diligence of businesses is not intended to be an investigation, it offers greater insights and a trip down into different levels of vulnerabilities associated with the company so that investors can make more informed investing decisions. The consequence of the proper forensic financial accounting due diligence procedures may range from incorporating appropriate warranties and representations to safeguard against the risks associated with misrepresentation of transactions, investors renegotiating the investment valuation or, in extreme situations, walking away from the proposed investment.

We, at GIS Consulting, have evolved our methodologies, built on the experience, which has made us capable of seeing through the complexity of global and hyper-connected markets and provide an actionable and clear picture. Our experts include prosecutors and members of law enforcement, forensic accountants, political risk specialists, cybersecurity professionals, financial analysts, data analysts, corporate specialists, litigation consultants, and former business journalists, working together to provide you with the best possible result.