General Due Diligence

Definition: Due diligence is the exercise of care taken before an individual or company enters into an agreement with another party, be it the purchase of a house, or property, signing a loan or making any other important purchase. It can also be used to evaluate a potential partner and/or buyer.

At Grid Forensic Accounting, we believe in empowering our clients before they undertake any contractual agreements that might prove costly or result in legal implications in the future. Due diligence is one way to investigate the soundness and longevity of an investment or any other agreement.

We assist our clients by conducting appropriate checks and analyses that will enable them to make the best, most informed decision possible for themselves or their business.

The due diligence process

Due diligence typically involves an in-depth investigation or audit to:

  • Confirm all the facts
  • Assess the financial aspects of a potential investment
  • Help to determine what the benefits, liabilities, risks and opportunities are

It includes reviewing financial records, operations, legal and tax compliance, contracts, intellectual property and assets, interviewing key individuals, highlighting material information and identifying any red flags that arise.


Due diligence costs

Fees may vary depending on the complexity of the client’s situation, the amount of documentation required for assessment and the extent of any relevant investigations.

Because everyone’s needs and situations are so different, it is not possible to provide an exact costing. We can, however, assist by reviewing the prospective client’s information at our obligation-free initial consultation and provide an estimated cost at their request. No charge will be made for this review should they not continue with our services.

Ready to find out more?

Contact us for a cost estimate or to book your obligation-free consultation with us today. Should you require additional information, please visit our FAQ page.