Financial Due Diligence

At creditte chartered accountants & advisors, we provide thorough financial due diligence
services so your investment decisions are backed by clarity, precision, and confidence.

Financial due diligence services that empower your decision-making with confidence, clarity, and control

At creditte, we understand the complexities involved in making significant investment decisions. Our financial due diligence services are designed to provide you with a comprehensive understanding of the financial health of the business you are considering. We ensure that your investment decisions are backed by clarity, precision, and confidence.

What is financial
due diligence?

Financial due diligence is an indispensable component in your investment and acquisition journey.

The process involves an examination of the business’s financial records, operational outcomes, and business forecasts. A financial due diligence helps identify any financial discrepancies, risks, or opportunities that may not be immediately apparent.

This ensures that you are equipped with all necessary information to make informed decisions, minimising the risks associated with your investment.

Our financial due
diligence services

Our service goes beyond mere financial analysis to provide a comprehensive review of the entity’s financial well-being. We explore various financial metrics and aspects to give you a clear picture of what you are investing in.

Our financial due diligence services offer insights into:

What our clients have to say

      EXCELLENT  
   Based on 43 reviews 
    
 
 
 
   
 
 
       Posted on Google  
   
   Damien L2 
 
 
 
  Advice provided was on point.
  
 
      Posted on Google  
   
   Kate Braybrook 
 
 
 
  Morgan makes the finance world feel strangely… human. I’m not a client of his, but I work alongside him in the industry, and every interaction has shown me exactly why his clients rave about him. He’s sharp, honest, ridiculously responsive, and genuinely invested in good outcomes. He’s also been generous in referring business my way, which tells you everything about his integrity and how much he backs the people he works with. If you want a broker who actually cares and doesn’t disappear into the spreadsheet void, Morgan’s your guy.
  
 
      Posted on Google  
   
   Mark 
 
 
 
  Morgan and the team from Creditte have been instrumental in helping our business think about our financial future.  They provide innovative advisory, pragmatic strategies and are very responsive to the changing dynamics of business - as well assisting in more complex M&A / due-diligence matters.  We have nothing but praise for the team and would highly recommended them to our network.
  
 
      Posted on Google  
   
   Simon Tessmann 
 
 
 
  We’ve been working with Morgan for a few years now, and he’s consistently prompt and knowledgeable. He breaks complex advice down so it's easy to understand and genuinely cares about helping businesses grow and succeed. Highly recommend to anyone wanting a helpful, knowledgeable accountant on their side.
  
 
      Posted on Google  
   
   Ann Strong 
 
 
 
  Highly recommend the team at creditte chartered accountants & advisors. For excellent and professional service.
  
 
      Posted on Google  
   
   Brent Neale 
 
 
 
  Morgan and his team are incredible. Morgan & Andrew are super responsive, knowledgeable and proactive. I've been a client for a few years now and I've never had to follow up on anything and if needed, I can jump on the phone with Morgan and he will tell me what I need to do, as if we're chatting over a beer. But if you're one of my competitors, please disregard this. In that case, Creditte are horrible and you should stay away ;)
  
 
      Posted on Google  
   
   David Kopelke 
 
 
 
  Morgan is always on hand to provide me with sound advice.
  
 
      Posted on Google  
   
   Jackson Brigg 
 
 
 
  I’ve known Morgan since the early days of Creditte, and one thing that has remained constant throughout the company’s growth is the level of service he and his team provide. I work in an industry that works solely with accountants, and over the years I’ve met thousands.. believe me, they are not all the same. Morgan and his team stand leagues above the rest. I couldn’t recommend them highly enough.
  
 
      Posted on Google  
   
   Maryanne K 
 
 
 
  I had a query about setting up my small business correctly for GST. Morgan from Creditte easily took care of this for me, explaining the process and in a matter of minutes, had me registered and ready to go. He was professional, friendly and helpful - all the qualities you're looking for in an accountant. And there was no jargon. Perfect!

Due diligence checklist

Are you considering buying a business? Ensure you’re fully prepared by conducting essential preliminary research.

Kickstart your evaluation by downloading our complimentary financial due diligence checklist.

Frequently Asked Questions.

What does 'normalised' mean in financial terms?

In financial terms, ‘normalised’ refers to the adjustments made to a company’s financial records to remove the effects of non-recurring, irregular, or one-time events.

What is normalised EBITDA?

Normalised EBITDA stands for earnings before interest, taxes, depreciation, and amortisation, adjusted to exclude non-recurring, irregular, and one-time transactions. This adjustment is made to present a clear picture of the company’s operating profitability, tailored specifically to your understanding. It helps in assessing the sustainable earning capacity of the business without the noise of exceptional items.

How do you assess normalised net working capital?

We assess the company’s operational liquidity by normalising its net working capital. This involves adjusting for unusual items and reflecting the company’s typical working capital needs. By doing this, we aim to provide you with a realistic view of the company’s ability to cover its short-term obligations with its short-term assets.

What does normalised SDE (seller discretionary earnings) mean?

Normalised SDE adjusts the company’s earnings to reflect the true economic benefit to you, the owner. This involves removing personal expenses, non-recurring expenses, and other discretionary items that may not continue under new ownership. It provides a clearer picture of the business’s profitability from the perspective of an owner-operator.

How do you evaluate the feasibility of forecasts?

We critically assess the company’s future financial projections by evaluating the feasibility and reliability of its forecasted revenue, expenses, and growth rates. This involves analysing the assumptions used in the forecasts, comparing them with historical performance and industry standards, and assessing the potential impact of external factors. Our goal is to ensure that you have a realistic and reliable basis for your investment decisions.

What should I consider when buying a business?

When buying a business, it’s crucial to assess the company’s financial health, market position, and growth potential. Conduct thorough financial due diligence to review its financial statements, debts, and legal obligations. Understand the business model, analyse the competitive market, and evaluate the existing customer base and employee skill sets.

How can I buy a business with no money in Australia?

Buying a business with no money in Australia can be challenging but possible through creative financing options. Consider seller financing, where the seller agrees to a payment plan, or look for investors willing to fund the purchase. Leverage buyouts and partnering with a business broker to find opportunities that allow for deferred payment plans are also viable strategies. Always seek legal and financial advice to navigate these options effectively.

What are the key steps in how to buy a business?

Key steps in buying a business include identifying your interests and goals, searching for businesses that match your criteria, conducting initial due diligence, negotiating terms, conducting comprehensive financial due diligence, securing financing if necessary, finalising the sale through legal documentation, and planning for a smooth transition. Each step requires careful consideration and, often, the assistance of professionals.

Financial Due Diligence