Due Diligence
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Services
Due Diligence
Due diligence is a form of assurance service undertaken when business acquires another. It is a way of ensuring that you are buying what you think you are buying and has multiple facets: legal, financial, environmental and commercial. We undertake financial and commercial due diligence on behalf of clients as part of our corporate finance offering.
Financial Due Diligence
There is no prescription as to what is involved in financial due diligence. It is similar to an Agreed Procedure Assurance assignment, in that the terms, scale and scope of what is required are agreed between us. Whilst we would always recommend a minimum amount of due diligence, the work is scalable to the size and nature of the acquisition.
In agreeing what work we are to undertake, we will, of course, advise you on the options available and our perception of their relevance to the acquisition in question.
Commercial Due Diligence
In contrast to financial due diligence, which is more concerned with accounting systems and controls, commercial due diligence is concerned with business structures and processes, answering questions like: How is the business organised? Who are the key employees? Who are the major suppliers and customers, and how secure are they? How does the business generate business?
Commercial due diligence is geared not only to understanding what a business is doing and how, but identifying its strengths and weaknesses and the opportunities and threats should you acquire it.
Due diligence enquiries are fundamental to the success of any acquisition, addressing key issues:
- Are you buying what you think you are buying; and
- Can the acquisition leverage my position such that the whole is greater than the sum of its two parts?
Services
Due Diligence
Mr Ahmad is a very highly trained and qualified Chartered Accountant. He continues to drive the firm’s expansion and progression through his vision and strategic business acumen. He has a diverse range of clients within various industrial sectors including film and media, leisure, marketing and distribution, Legal, property, retail, Banking (SBLC, Bank guarantees, Corporate Finance) and healthcare. Mr Ahmad has assisted in projects at government level. He has been advising Ultra High Net Worth individuals and global operational companies on international taxation matters. He is able to identify clients requirements through the considerable experience and knowledge attained over a number of years. He is solution driven and innovative. He takes client satisfaction and quality control very seriously and leads the delivery of all our services across the board as well as our business development strategies.
Mr Ahmad blends a range of expertise ideally suited for holistic professional advisory services. He also undertakes investigative financial due diligence work and reports, financial presentations, evaluation of financial proposals, cost-benefit comparisons and other financial evaluations. He assists clients with regulatory compliance issues, complex deal structures, raising capital and formulating strategic plans and alliances.
Mr Ahmad believes that having correct direction is key in all areas of life. This is the underlying philosophy he adheres to when advising clients on various financial and personal matters.
Outside his professional commitments, Mr Ahmad is a keen sportsman. He plays cricket, five a side football and golf.
Testimonials
Client Feedback
See how we've assisted our valued clients in their own words.
TopCashback
We have used Citrus Group since the early days of establishing our business (6 years) for Audit, Payroll Processing, Taxation and Business Advice and have always found their advice to be responsive and commercial. As well as being professional, the team at Citrus Group are very down to earth, friendly and approachable so you never shy away from picking up the phone to ask for some quick advice - but this doesn’t detract from their ability to grasp complex matters quickly, even under pressurised situations and to deliver sensible pragmatic advice.
Edmonds Accounting Services Ltd
Thank you for the assistance provided particularly in relation to the transition from UK GAAP to FRS102 and for enabling us to submit the accounts within the prescribed time frame. As discussed during our work, the rationale behind much of the transition adjustments was unclear and your assistance, which we are aware was often provided outside normal office hours, proved invaluable and was very much appreciated.
Cross Rhythm
Citrus Group have audited Cross Rhythms charitable accounts for the last 6 years. Their work is of a high standard. They are both professional and friendly in their approach. I’ve also found their fees to be very reasonable.
Hylands Ltd
Citrus Group have looked after all our accountancy needs in a very professional and dependable manner for the last 25 years. They are also a source of sound business advice and provide full payroll facilities which we have been pleased to use for many years. In conclusion we have no hesitation in recommending Citrus Group to any potential client.