The Due Diligence Handbook pptx

[...]... in addition to the appropriate technology and tools are vital Traditional barriers and divisions of responsibility are being dismantled and the concepts of due diligence, corporate governance and risk management must be recognised as holistic business issues The second edition of this handbook is not intended to deal with every aspect of due diligence – the intention is to consider due diligence having... particular, the handbook provides a revised overview of the American framework The reader should be aware that this is a vast and developing debate – indeed many of the issues are each worthy of a book in themselves As such, the treatment in this handbook must be selective with the intention to provide a different approach or angle to a subject that is covered regularly by the media and the Internet... case studies that can assist with business strategy A preliminary overview of the traditional approach to legal due diligence is dealt with at the outset However, the reader should appreciate that this handbook regards the due diligence process as an ongoing exercise It extends to areas of business activity that go well beyond the transaction/deals with which it is usually associated to embrace many aspects... internal due diligence While certain matters clearly have a basis in regulation it is important to regard this handbook as a business resource rather than a legal text As a general rule, the stated position relates to the UK unless otherwise mentioned or indicated Wherever it is helpful, comparative and/or regional or international trends and standards are also discussed In view of the global nature of the. .. edition attention is given to the impact of developments on smaller organisations, including smalland medium-sized enterprises (SMEs), as far as is practicable Since they are regarded as the backbone of most economies, any comments addressed to them therefore have a broader relevance for the economy and society It is to be hoped that the reader enjoys the contents as much as the author has enjoyed engaging... endorses the importance of effective due diligence, not only when making international acquisitions, but also as an integral continuing corporate approach It provides clear guidance and case studies to help all involved understand the complexity of the issues involved and to demonstrate the detailed work that is necessary both to ensure that the benefits of an acquisition can be realised and that there... issues Chapter Overview Corporate governance definitions and drivers The Cadbury Report The Greenbury Report The Hampel Review and the Combined Code London Stock Exchange listing rules The Turnbull Report Recent developments Practical corporate governance The role of risk management Systems and methodologies for risk management The OFR and the Companies Act 2006 Business Review Overview Conclusion References... Forum The Institute of Chartered Accountants in England and Wales The Institute of Chartered Accountants in Nepal The Institute of Chartered Accountants in Pakistan The International Chambers of Commerce The Interfaith Center of Corporate Responsibility Internal control over financial reporting The Institute of Chartered Secretaries and Administrators The Industries Development and Regulation Act 1951 The. .. whistleblowers Governance issues Trustees duties – governance for non-profits in the USA The Tyson Report Conclusion 643 644 645 646 647 649 652 653 654 655 656 Chapter 18 Governance in the family, the family business and family trusts Chapter Overview Governance theories and practice Governance, the family and long-term wealth preservation The family in business Family trusts Letter of wishes Protector Conclusion... developments and their extensive impact, the international dimension is considered Selected countries include India (with some comment on the SAARC region), Hong Kong, China, xviii Preface Australia and Japan These chosen jurisdictions are responding to the need for improved corporate governance and remain important Bearing in mind the enormous influence of US developments in general, and the Sarbanes-Oxley . Introduction and traditional due diligence 1 Chapter Overview 2 Legal due diligence 6 Financial due diligence 25 Risk and insurance due diligence 26 Beneficiaries of due diligence 28 Transactional. Chapter 2 Due diligence in corporate finance 51 Chapter Overview 52 Due diligence process 55 Anti-money laundering due diligence 56 Financial due diligence 57 Tax 59 Commercial due diligence. preliminary overview of the traditional approach to legal due diligence is dealt with at the outset. However, the reader should appreciate that this handbook regards the due diligence process as