What is Due Diligence?
- Due diligence is an examination, audit or evaluation of performance to validate details or facts of an affair under consideration.
- For a financial organisation, due diligence demands there to be a review of the financial records. This is before going into an offered transaction with another party.
- Due diligence is a way to analyse the risks within a business or an investment settlement in a systematic way.
- Due diligence is a method used to investigate and examine the company number and allow them to compare the number in the past, and benchmarking them in opposition to their competitors.
- Due diligence is carried out by research analysts, equity, broker-dealers (legally obligated), funding managers, companies that acquire other companies and individual investors (voluntary).
