Financial Due Diligence
Independent Financial Due Diligence Services
Uncovering hidden financial risks, validating normalized earnings, and providing objective valuation clarity for business acquisitions and corporate investments in Singapore.
Evaluating a potential acquisition requires an in-depth audit beyond high-level balance sheets and audited financial statements. At Zack n Zul, our specialized financial due diligence services focus strictly on validating the target company's true underlying financial performance, earnings sustainability, and working capital demands.
We partner with corporate buyers, private equity investors, and business owners across Singapore to deliver objective, evidence-based Quality of Earnings (QoE) analyses that strengthen valuation leverage and protect deal capital.
Core Financial Capabilities
Quality of Earnings (QoE)
Analyzing historical revenue trends, identifying non-recurring income, and verifying normalized EBITDA to establish true operating profitability.
Working Capital Audit
Evaluating seasonal cash flow cycles, historical working capital requirements, and setting appropriate target levels for closing negotiations.
Balance Sheet Verification
Auditing understated liabilities, unrecorded debts, accounts receivable recoverability, and inventory aging to eliminate post-closing surprises.
Revenue & Margin Drivers
Assessing customer revenue concentration, margin stability across product lines, and the quality of recurring cash inflows.
Our Financial Audit Framework
Financial Data Collection
We request and organize general ledgers, trial balances, tax filings, and management accounts within a secure data environment.
EBITDA & Trend Analysis
Our advisors perform detailed trend reviews to identify one-off revenues, owner add-backs, and personal/discretionary expenses.
Finance Management Q&A
We hold targeted interviews with finance executives to verify accounting policies, revenue recognition timing, and debt obligations.
QoE Reporting & Valuation Impact
We deliver an actionable Financial Due Diligence Report highlighting key EBITDA adjustments and recommended purchase price modifications.