Business Infographics on LinkedIn: The Financial Due Diligence Checklist Credits to Nevena Miskovic, follow… (2024)

A great way to check financial due diligence in your business or company ✍️

The Financial Due Diligence Checklist!!All important FDD checks and insights in one place.Hope this can help you improve your knowledge in FDD. 🚀 𝗛𝗲𝗹𝗽 𝗺𝗲 𝘀𝗵𝗮𝗿𝗲 𝘁𝗵𝗶𝘀 𝗲𝘀𝘀𝗲𝗻𝘁𝗶𝗮𝗹 𝗰𝗵𝗲𝗰𝗸𝘀 𝘄𝗶𝘁𝗵 𝘁𝗵𝗶𝘀 𝗙𝗥𝗘𝗘 𝗖𝗵𝗲𝗰𝗸𝗹𝗶𝘀𝘁.👍 👍 👍 𝗟𝗶𝗸𝗲, 𝗦𝗵𝗮𝗿𝗲 𝗮𝗻𝗱 𝗖𝗼𝗺𝗺𝗲𝗻𝘁 𝘀𝗼 𝘁𝗵𝗶𝘀 𝗽𝗼𝘀𝘁 𝗰𝗮𝗻 𝗿𝗲𝗮𝗰𝗵 𝗽𝗿𝗼𝗳𝗲𝘀𝘀𝗶𝗼𝗻𝗮𝗹𝘀 𝘄𝗵𝗼 𝘄𝗮𝗻𝘁 𝘁𝗼 𝗹𝗲𝗮𝗿𝗻 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝗽𝗹𝗮𝗻𝗻𝗶𝗻𝗴 𝗮𝗻𝗱 𝗽𝗲𝗿𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗼𝗳 𝗙𝗗𝗗.🧿 𝗛𝗲𝗿𝗲 𝗶𝘀 𝘄𝗵𝗮𝘁 𝘁𝗵𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗗𝘂𝗲 𝗗𝗶𝗹𝗶𝗴𝗲𝗻𝗰𝗲 𝗖𝗵𝗲𝗰𝗸𝗹𝗶𝘀𝘁 𝗜𝗻𝗰𝗹𝘂𝗱𝗲𝘀:▶️ General checks▶️ Analytical procedures▶️ Internal controls check▶️ Property, plant, equipment and intellectual property checks▶️ Inventories check▶️ Account receivables check▶️ Revenues check▶️ Loans and interest expenses check▶️ Account payables check▶️ Commitments and contingencies check▶️ Salaries, employee costs check▶️ OPEX check▶️ Equity check▶️ Loans and financial liabilities check▶️ Intercompany transactions checkI miss something? Let me know what you would add.

4

Proper account categorization is the process of assigning accounts to different categories based on their nature, function, and purpose. It is an essential part of accounting and financial reporting, as it helps to ensure the accuracy, consistency, and comparability of financial statements. Proper account categorization also facilitates the analysis and interpretation of financial data, as it enables users to identify the sources and uses of funds, the profitability and liquidity of the business, and the risks and opportunities involved. By following the generally accepted accounting principles (GAAP) and the industry standards, proper account categorization can enhance the credibility and reliability of financial information, and thus improve the decision-making process of various stakeholders.Need help in categorizing financial information? I can help.Book a call now:https://lnkd.in/gsUj4fih#virtualbookkeeper #virtualbookkeeping #bookkeepingservices #financialmanagement #businessowners #accountcategorization

8

Insightful Checklist

3

The Financial Due Diligence Checklist!!All important FDD checks and insights are in one place.Hope this can help you improve your knowledge of FDD. 🚀 𝗛𝗲𝗹𝗽 𝗺𝗲 𝘀𝗵𝗮𝗿𝗲 𝘁𝗵𝗲𝘀𝗲 𝗲𝘀𝘀𝗲𝗻𝘁𝗶𝗮𝗹 𝗰𝗵𝗲𝗰𝗸𝘀 𝘄𝗶𝘁𝗵 𝘁𝗵𝗶𝘀 𝗙𝗥𝗘𝗘 𝗖𝗵𝗲𝗰𝗸𝗹𝗶𝘀𝘁.𝗗𝗼 𝘆𝗼𝘂 𝗹𝗶𝗸𝗲 𝘁𝗵𝗲 𝗱𝗼𝘄𝗻𝗹𝗼𝗮𝗱𝗮𝗯𝗹𝗲 𝗣𝗗𝗙 𝘃𝗲𝗿𝘀𝗶𝗼𝗻? 𝗗𝗠 𝗺𝗲 𝗼𝗿 𝗰𝗼𝗺𝗺𝗲𝗻𝘁.𝗛𝗲𝗿𝗲 𝗶𝘀 𝘄𝗵𝗮𝘁 𝘁𝗵𝗲 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗗𝘂𝗲 𝗗𝗶𝗹𝗶𝗴𝗲𝗻𝗰𝗲 𝗖𝗵𝗲𝗰𝗸𝗹𝗶𝘀𝘁 𝗜𝗻𝗰𝗹𝘂𝗱𝗲𝘀:▶️ General checks▶️ Analytical procedures▶️ Internal controls check▶️ Property, plant, equipment, and intellectual property checks▶️ Inventories check▶️ Account receivables check▶️ Revenues check▶️ Loans and interest expenses check▶️ Account payables check▶️ Commitments and contingencies check▶️ Salaries, employee costs check▶️ OPEX check▶️ Equity check▶️ Loans and financial liabilities check▶️ Intercompany transactions check👉 𝗟𝗶𝗸𝗲, 𝗖𝗼𝗺𝗺𝗲𝗻𝘁, 𝗥𝗲𝗽𝗼𝘀𝘁._______________________🚀 If you want to significantly upgrade your skills in corporate finance, I suggest to have a look to the full 𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗠𝗼𝗱𝗲𝗹𝗶𝗻𝗴 𝗣𝗮𝗰𝗸.Start here: https://bojanfin.com/_______________________hashtag#duediligence hashtag#tax hashtag#finance hashtag#accounting

1

This Financial Due Diligence process provides us a proven results in conducting FDDs in last 15 years. 𝗪𝗮𝗻𝘁 𝘁𝗵𝗶𝘀 𝗽𝗼𝘀𝘁𝗲𝗿 𝗶𝗻 𝗵𝗶𝗴𝗵 𝗿𝗲𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻?👉𝗟𝗲𝗮𝘃𝗲 𝗰𝗼𝗺𝗺𝗲𝗻𝘁 "𝗗𝗗" 𝗮𝗻𝗱 𝗜 𝘄𝗶𝗹𝗹 𝘀𝗲𝗻𝗱 𝘆𝗼𝘂. 💎 𝗛𝗲𝗿𝗲 𝗶𝘀 𝗵𝗼𝘄 𝘁𝗼 𝗼𝗿𝗴𝗮𝗻𝗶𝘇𝗲 𝗙𝗗𝗗𝟭 𝗣𝗥𝗘𝗣𝗔𝗥𝗔𝗧𝗜𝗢𝗡 𝗔𝗡𝗗 𝗣𝗟𝗔𝗡𝗡𝗜𝗡𝗚Engagement setupData CollectionGeneral business review𝟮 𝗔𝗦𝗦𝗘𝗦𝗠𝗘𝗡𝗧 𝗢𝗙 𝗙𝗜𝗡𝗔𝗡𝗖𝗜𝗔𝗟 𝗙𝗨𝗡𝗖𝗧𝗜𝗢𝗡 𝗔𝗡𝗗 𝗧𝗘𝗔𝗠𝟯 𝗘𝗫𝗔𝗠𝗜𝗡𝗜𝗡𝗚 𝗖𝗢𝗡𝗧𝗥𝗔𝗖𝗧𝗦 𝗔𝗡𝗗 𝗔𝗚𝗥𝗘𝗘𝗠𝗘𝗡𝗧𝗦𝟰 𝗜𝗡𝗧𝗘𝗥𝗡𝗔𝗟 𝗖𝗢𝗡𝗧𝗥𝗢𝗟𝗦 𝗥𝗘𝗩𝗜𝗘𝗪Segregation of duties, Authorizations and approvals process, Automatic controls in system in the process of revenue and cost recognition,Reconciliation of accountsClosing procedures and checks and others 𝟱 𝗔𝗡𝗔𝗟𝗬𝗧𝗜𝗖𝗔𝗟 𝗣𝗥𝗢𝗖𝗘𝗗𝗨𝗥𝗘𝗦Analyze financial performance, Analyze trends in KPIS and ratio numbers, Analyze actual vs historical vs budgeted figuresReview monthly movement in sold quantities, Revenues and margins and other analysis𝟲 𝗙𝗜𝗡𝗔𝗡𝗖𝗜𝗔𝗟 𝗦𝗧𝗔𝗧𝗘𝗠𝗘𝗡𝗧𝗦 𝗥𝗘𝗩𝗜𝗘𝗪𝟳 𝗙𝗜𝗡𝗔𝗟𝗜𝗭𝗘 𝗥𝗘𝗣𝗢𝗥𝗧𝗜𝗡𝗚 𝗦𝗘𝗧 𝗥𝗘𝗦𝗨𝗟𝗧𝗘𝗗 𝗙𝗥𝗢𝗠 𝗗𝗨𝗘 𝗗𝗜𝗟𝗜𝗚𝗘𝗡𝗖𝗘 𝗣𝗥𝗢𝗖𝗘𝗦𝗦Quality of earningsNet working capitalProof of cashNet debt

2

1 Comment

Accurate recording of payment gateway transactions provides a clear audit trail. In case of an audit or financial review, you can easily trace transactions back to their source and demonstrate the legitimacy of your business's financial activities.Audit trail serves as a historical record that can be used for financial analysis, planning, and decision-making. It allows businesses to understand trends, patterns, and performance over time, aiding in informed strategic choices.#ecommercebookkeeping#bookkeepingservices#bookkeepingtips

4

helpful due diligence list

|| Numbers don’t lie, but...They don’t always tell the whole truthYour monthly management accounts pack is designed to answer the biggest financial questions in your business and to a large extent is completely bespoke.https://lnkd.in/eKH3FiPU#theoutsourcedfinancedepartment #financialmanagement #financedirector #outsourcedfinancialmanagement