Investigating in a business, performing due diligence, is one of
Bilal Basrai's top skills. This process is often completed before a
contract is signed, to ensure that the business venture in question is
suitable for acquisition or merger. When due diligence is completed
correctly, all parties involved are able to make an informed decision
regarding the benefits, risks, and costs of a business merger or
acquisition.
Due diligence is a door that swings both ways. In
instances where an asset or company is being sold, the potential buyer
will wish to have due diligence information about the investment they
are considering. Alternatively, the seller will want to perform a due
diligence check on the buyer, making sure that they truly have the
financial ability to purchase the asset. Before an offer is made on the
item, asset, or business, the financial facts must be clear.
Many
different audits or evaluations will occur when a due diligence expert
becomes involved with a business or corporation. These can include
compatibility audits, production audits, financial audits, and
management audits. Other possible areas audited by the due diligence
officer are the macro-environment, information systems network, the
legal environment, and the marketing department.
A reconciliation audit
is customary, as this evaluation signifies the potential market share
for clients and investors. Bilal Basrai works hard to produce the best
due diligence reports for each of his clients, wanting them to make the
most financially sound decisions. He also believes that his immense
integrity adds to the overall reports that he creates.