Cedar Rose special feature
Mitigate Risks With a Due Diligence Investigation
DUE DILIGENCE ULTIMATE CHECKLIST: WHAT YOU NEED TO KNOW What happens when a company wants to enter a new business partnership? How can they be sure it’s a wise move? The only way to determine the safety and value of a potential business transaction is by conducting a thorough investigation with the help of a due diligence checklist. What is Due Diligence? Merriam-Webster defines due diligence as: “Research and analysis of a company or organization done in preparation for a business transaction (such as a corporate merger or purchase of securities).” This is a crucial process typically used by investors and companies who are considering making a significant transaction such as the purchase of new equipment, when merging with another company, going into a joint venture or large contract, when buying a new property, or when adopting a new business information system into their operations.
Established in 1997, Cedar Rose Int. Services Ltd has been leading the field for credit reporting, business intelligence and investigative due diligence for the Middle East and North Africa. Since 2016, we have been expanding to offer a trusted global service for business information and data, delivered using the latest technology. Putting our clients at the forefront of every decision we make, we offer a first class, bespoke and highly flexible service with access to the world’s largest database of business information for the MENA region. Whether you need credit analysis, compliance, AML or KYC solutions, Cedar Rose gives you the facts and figures to make confident business decisions.
32 | ARAB-BRITISH CHAMBER OF COMMERCE
Due diligence is a way for companies to practice caution and protect themselves by carefully reviewing all the risks and costs that stem from a big purchase. It is an in-depth investigation of the other party: their financial records, their operational practices, and an evaluation of their assets and liabilities. It’s a necessary process for discovering and avoiding any potential problems from occurring in the future. Now that we’ve broken down the concept, let’s dive into the nitty-gritty: figuring out what data is necessary for a good due diligence checklist. What is a Due Diligence Checklist? It’s a document that includes all the essential data that the auditor must collect from their target before moving forward with their decision. It allows those conducting the due diligence audit to keep track of their progress so that they don’t leave out essential data that will prevent them from making informed decisions during the deal’s lifecycle.
