What is Due Diligence Certification?
Due Diligence is basically done to identify the genuineness of the transactions of a business entity and to identify the risks attached.
Who does the Certification?
Normally, a practicing Chartered Accountant or a Chartered Accountancy Firm is engaged to do the Due Diligence Certification.
In what circumstance, this due diligence is done?
If a business organisation is planning to acquire another business organisation, the former engages the external professionals to do the due diligence on the latter, to identify whether the financial transactions have been properly managed and to find out whether there are any risks attached.
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