DUE DILIGENCE SERVICES

Due diligence remains a final critical piece for completing business transactions. At the same time, due diligence must be of high quality yet be prompt and cost-efficient. Evans & Evans has been doing this work with large financial firms and organizations for more than twelve years. Essential to due diligence is a process and method to do this work. In this regard, Evans & Evans uses a flexible and yet stable methodology for doing due diligence. We divide our analysis traditionally into four essential areas:

Our services are used not only to guard against the overstatement of assets and understatement of liabilities, but also to help our clients analyze the quality of historic earnings and the likelihood that forecasted operations can be met. In doing our work, the following key areas are always reviewed:

  • Operating history and normalization adjustments for past 3-5 years;
  • Income statements, balance sheets and statements of cash flows;
  • Management plans and reports;
  • Minutes of all corporate meetings and minute book;
  • Budget versus actual results over past 2 – 5 years;
  • Balance sheet notes;
  • Detailed financial forecasts analysis going out typically 3-5 years;
  • Tax returns;
  • Capital structure transactions and history;
  • Financing history;
  • Off balance sheet liabilities;
  • Revenue and earnings patterns;
  • Sales by product categories, top customers and pricing histories;
  • Purchases by major suppliers, pricing histories;
  • Gross margin by products;
  • Sales structures and manufacturing capacities;
  • Organization chart and compensation arrangements;
  • IT, computer hardware and software and networking infrastructures; and
  • Financial and management controls.

Evans & Evans has the practical hands-on expertise to help assist your firm in carrying out thorough and professional due diligence at very favorable rates and within set project timeframes.

 
Vancouver
T: 604-408-2222
Contact: Michael or Richard Evans 		Calgary
T: 403-630-6977
Contact: Dean Querengesser 		Toronto
T: 604-408-2222
Contact: Michael Evans 		San Antonio
T: 210-862-1376
Contact: Eric Eisbrenner 		New York
 T: 917-617-9301
Contact: Steve Johnson