Due Diligence

The Due Diligence procedure involves joint working of ICLC specialists in several directions: auditors, lawyers, experts in the field of management.

The study will provide comprehensive and credible information on the commercial attractiveness of a planned transaction or an investment project.

Due Diligence includes:

  • comprehensive legal analysis of the company's activity, its corporate and management structures;
  • analysis of emergence / termination of the company’s rights to assets (real estate, substantial movable property, intangible assets, etc.;
  • analysis of emergence of encumbrances of the specified assets, as well as of liabilities (contractual relationships and loan and credit obligations, etc.);
  • analysis of accounting statements for presence of signs of possible misstatements;
  • review of the accounting system, and the main provisions of the accounting policy;
  • analysis of the income and expense structure;
  • verification of the company’s assets and liabilities posted to its accounting statements, including identification of assets that are not able to yield economic benefits in future, and determination of non-posted liabilities;
  • determination of contingent liabilities presence.

In addition to this, we will:

  • analyse the tax burden;
  • verify correctness of calculation of the main taxes and formation of tax bases;
  • verify correctness of completion of tax returns, validity of use of tax benefits, and compliance with the payment discipline;
  • estimate the probability of tax disputes.

The Due Diligence result is a detailed report containing a description of state of the business or an object, list and assessment of risks (legal, financial, tax risks), and recommendations on how to minimize them.

Sectors

  • Industry
  • The Media
  • Trade
  • Construction and Real Estate
  • Services
  • Transport
  • Hotels
  • Non-Profit Organisations
  • Financial Sector
  • Leasing