I was in a meeting with a provider and he Insisted that the QofE is the same as the FInancial Due Diligence. I thought they were different. Are they both (QofE and DD) the same, if not what are the differences?
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Common analysis are: Normalize earnings (think arriving at an adjusted EBITDA), customer analysis, cost of sales and operating expense analysis, balance sheet analysis, net working capital analysis, proof of revenue, net debt analysis, and many more. You can dm me if you have further questions but researching the above terms will at least give you the tools in the “diligence toolbox”
The accounting firm you hire will sign off on the "formal" QofE