Due Diligence or Audit: itÆs all in a name.

To fail to appreciate the differences between an audit and a due diligence exercise can be a costly mistake to make.

It is often cited that the majority of M&A transactions fail to achieve the returns targeted in the original investment/divestment proposal. Put another way, as a buyer or seller, you have a 50% likelihood, at best, that you will succeed in realizing the value that drove you to do the deal - and a much greater chance that you will not!

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