08 September 2012
Due deligence is just like audit.But the difference is Audit generally done for true and fair view of books of accounts and Due deligence is done to know the history of the company.
During Merger and Acqusition ,Sale of company,Valuation of company Due deligence undertaken.
08 September 2012
Its like an investigation with an intension to findout the viability or feasiblity.
for instance In case of M&A it is done to find out how benefial the deal will be for the compnay the synergy it will generate for a new product is it carried out to find out the mkt of the product the demand expted mkt share etc.