GENERAL OVERVIEW
QoE Lite includes the same comprehensive financial diligence and analysis as our full Quality of Earnings. The difference is the final deliverable: Instead of a comprehensive PDF report with detailed commentary, you receive a clean, working Excel workbook with limited written commentary.
Our team completes the full QoE scope, including analysis of revenue, expenses, earnings, management adjustments, working capital, balance sheet items, and key financial risks. We package those findings in a working Excel workbook with a short executive summary, making QoE Lite a cost-effective option for buyers who need the same underlying diligence without a presentation-ready PDF report.
As with all of our services, our QoE Lite service offers unlimited client support so we'll be there to help and offer advice long after we've delivered our finalized report to you. Plus, you get direct access to your dedicated Rapid Diligence Certified Public Account (CPA) via phone, chat and email so they're always just a call away.
WHAT YOU'LL RECEIVE
3-4 Week Turnaround
Our turnaround time is typically three to four weeks from engagement, subject to receiving the requested documentation on time.
Excel Workbook
A clean, working Excel workbook containing the full results of our QoE analysis, plus a short executive summary. Built for your internal review and further analysis.
Direct CPA Access
You'll be in constant communication with your dedicated M&A CPA throughout the due diligence process and will work with them directly to address any questions or concerns.
Unlimited Support
Our QoE Lite service offers unlimited client support so we'll be there to help and offer advice long after we've delivered our finalized workbook to you.
EVERYTHING INCLUDED
- Read available background information (Target's history, structure, and operations) and internal financial data and management reporting/analysis packages
- Analyze the methodology for which the financial information for the Target is prepared, including any assumptions, adjustments, and allocations
- Quality of revenue, expenses, key trends, earnings, management adjustments (add-backs)
- Review bank statements and perform Proof of Cash analysis
- High-level analysis and commentary on trends in direct operating and SG&A costs incurred within the business
- Inquire about out of period, nonrecurring, unusual and non-cash items
- Identify customer and vendor concentration
- Review management proposed adjustments to normalize EBITDA (if any)
- Identify and assess off-balance sheet liabilities, accrued liabilities, and other environmental or litigation-related liabilities
- Light tax review with the aim to identify any potential red flags only and not a full tax diligence
- Review the balance sheet
- Analyze historical working capital trends, with a focus on seasonality, high/low points, potential normalizing items, and average run rate
- Analyze a summary of accounts receivable, including aging and bad debt statistics
- Analyze the composition of inventory and inquire about: Target's inventory costing methodology, reserve policies, and write-down history, broken down by inventory type
- Analyze a summary of accounts payable, including aging statistics. Inquire about normal and special credit terms (including rebates), significant past-due payables, and disputes with suppliers
- CAPEX analysis: analyzing capital expenditure trends and requirements
- Analyze a summary of prepaid expenses, deferred cost of sales, and other current assets to understand their impact on future earnings
- Prepare and submit additional data requirements and questions relevant to our scope