This 1-day, in-house, training course provides practical advice on the fundamental principles, techniques and procedures of a due diligence exercise and on the different objectives in the due diligence process, covering commercial, financial and legal due diligence and also the more specialised areas of investigation.
The roles and obligations of the financial advisers, reporting accountants and solicitors involved in a due diligence investigation are separately examined with emphasis on examples of problems that might arise as a result of inadequacies in the extent of the due diligence process.
Course Notes, Slides and Exercises
Participants will receive a booklet containing copies of 15 slides and 56 pages of very comprehensive notes. Each slide will cover a number of related topics and the accompanying notes will support the content of the course to be delivered by the trainer.
During the course of the day, participants will undertake one or two exercises (problems) in groups of two or three (depending on the size of the class) which will involve considering what advice should be given to a client in particular circumstances. Participants will discuss the exercise with each other and then with the trainer and will receive a written answer to the problem.
Your client intends to buy a company without undertaking a sufficient due diligence exercise. You highlight the risks that such a proposal would involve and indicate how these might be mitigated by targeting the investigation of the reporting accountants appropriately.
Your client wishes to purchase a conglomerate. You are asked to plan an effective legal due diligence (to be undertaken within a short timeframe) to uncover any financial, operational or legal problems that may not have been sufficiently disclosed in the Information Memorandum.