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Vendor Due Diligence: Specifics and Process
What is vendor due diligence (VDD) in M&A? How does it differ from buy-side FDD and what should TS analysts know about the VDD process?
vendor-due-diligencevddfinancial-due-diligencesell-sideTax Risks in Financial Due Diligence
How FDD analysts identify and present tax risks in due diligence: common areas of exposure, interaction with tax DD, and the impact on deal structure.
tax-risksfinancial-due-diligencefddm-and-a-taxSegment Analysis in Financial Due Diligence
How FDD analysts perform segment analysis: breaking down P&L by business line, geography or product to identify profitability drivers and risks.
segment-analysisfddrevenue-analysisfinancial-due-diligenceRevenue Quality Analysis in Financial Due Diligence
How FDD analysts assess revenue quality: sustainability, customer concentration, contract analysis and the key metrics that signal risk or resilience.
revenue-qualityfinancial-due-diligencefddquality-of-earningsRecurring Revenue Analysis in Financial Due Diligence
How FDD analysts assess recurring revenue quality, contract terms and revenue sustainability. Key metrics and red flags to know for TS interviews.
recurring-revenuerevenue-qualityfinancial-due-diligencesoftware-fddRed Flags in Financial Due Diligence
The key red flags FDD analysts look for in financial due diligence: revenue manipulation, accounting irregularities, working capital risks and more.
red-flagsfinancial-due-diligencefddrisk-analysisQuality of Earnings: Introduction for the FDD Analyst
Understand what Quality of Earnings means in financial due diligence, how a QoE report is structured, and what analysts look for.
quality-of-earningsfinancial-due-diligencefdd-analystProvisions in the Net Debt Bridge
How provisions are treated in the net debt bridge in M&A transactions: which provisions are debt-like, how to argue their inclusion, and common disputes.
provisionsnet-debtdebt-like-itemsfinancial-due-diligenceNet Working Capital Analysis in Financial Due Diligence
How FDD analysts perform NWC analysis: defining normalised working capital, assessing seasonality, and setting the target for SPA negotiations.
net-working-capitalnwcfinancial-due-diligencefddCash Flow Analysis in Financial Due Diligence
How FDD analysts perform cash flow analysis: the link between EBITDA and cash generation, cash conversion, and what low cash conversion signals.
cash-flowfinancial-due-diligenceebitdafddHow to Analyse an FDD Datapack
A practical guide to analysing an FDD datapack: how to navigate the information, prioritise analysis, and extract key insights efficiently.
fdd-datapackfinancial-due-diligencedata-roomanalysisEBITDA Adjustments in Financial Due Diligence: Overview
A structured overview of EBITDA adjustments in FDD: what they are, why they matter, and how analysts categorise them in QoE reports.
ebitda-adjustmentsfinancial-due-diligencequality-of-earningsThe Phases of a Financial Due Diligence
A step-by-step walkthrough of the phases of a Financial Due Diligence engagement, from scoping to final report delivery.
financial-due-diligencefdd-processtransaction-servicesm-and-aFDD Report Structure: What Analysts Need to Know
The structure of a Financial Due Diligence report: key sections, what goes in each, and how to write clearly and concisely for a deal audience.
fdd-reportfinancial-due-diligencereport-writingtransaction-servicesFDD Timeline: What to Expect
A realistic timeline for a Financial Due Diligence engagement, from kick-off to final report, with milestones and what analysts do at each stage.
fdd-timelinefinancial-due-diligencedeal-processtransaction-servicesGoodwill and Intangible Assets in Financial Due Diligence
Goodwill and intangibles on the balance sheet reveal a company's acquisition history and asset quality. Learn how FDD teams analyse and challenge them.
goodwillintangiblesfddbalance-sheetfinancial-due-diligenceInternal Controls in Financial Due Diligence
The role of internal controls review in FDD: what analysts assess, why it matters for data reliability, and how control weaknesses affect the deal.
internal-controlsfinancial-due-diligencefddaccounting-qualityMaintenance CapEx vs. Growth CapEx in FDD
Splitting capital expenditure into maintenance and growth components is a key FDD task. Learn the methodology and why it matters for buyers.
capexfddfinancial-due-diligenceebitda
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