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When conducting due diligence to client regarding an acquisition , does one need to give reasonable assurance as in statutory audit?

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Question added by Danish Gazdar , Manager Finance & Co.Secretary , TAF Foundation
Date Posted: 2013/12/08
Zeeshan Azeem
by Zeeshan Azeem , Manager - Corporate Finance & Deal Advisory , Insights Advisory

No.

However, all the observations and the comments regarding any fluctuation in the numbers and abnormal trends that do not match with any rational base or technical reasoning should be highlighted and discussed with the client and the target be sorted for explanation,

However, we will not be position to give any sort of reasonable assurance at all.!

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