Investigations

Due Diligence

Due Diligence is becoming increasingly important to protect companies from exposure to fraud and corruption.

Due Diligence is the exercise of the right to review claims made by a prospective employee or a person or company who wants to establish a business relationship with you. It can also apply to the sale or purchase of a business or property. There are various approaches to due diligence. You can call on the expertise of a legal team to ensure all the legal aspects have been addressed; you can call on the expertise of a financial team to ensure the claims of financial stability are correct.

ACCA provides a service for general due diligence – what is the history of the person or company? Why is there a gap in the resume? There have been repeated instances of a failure to conduct appropriate enquiries into the background of a person or company resulting in the company being exposed to fraud and severe losses.

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