Corporate scandals have always taken place. Irrespective of the fact whether companies are profitable or experience a downturn, fraudulent practices are always a risk to any business activity. The scope of Board of Directors and Supervisory Board responsibilities has been undergoing changes in recent years. Boards of Directors found to have been involved in fraudulent practices may be held liable for such activities. This adds to the necessity of implementing control instruments in order to reduce the risk of financial abuse.
BDO Corporate Finance team (ACFE members) are chartered experts at detecting business crime and wrongdoing. Our qualifications and experience in reviewing such issues allow us to provide clients with specialist advice services such as financial and operational forensic audit. In addition, we work for law firms as experts in disputes and arbitration settlements as we offer our expertise on corporate finance, accounting standards as well as damage and lost profits assessment. Every service is however tailored specifically to match the client’s expectations and to reach the ultimate goals.
Business valuation is crucial in order to make strategic decisions with regard to the sale of a company, merger, acquisition or IPO. BDO Corporate Finance team have extensive skills and experience in carrying out valuations and are able to ensure the best possible results of the valuation process. A professional valuation may play a crucial role in obtaining the best purchase or sale price for the business. Adequately prepared and clearly documented valuation conclusions and results will undoubtedly help understand the potential and profitability of the business and/or taxation implications. The results can also be interpreted as premise for adequate modeling of business strategy and activity, investment security and business position consolidation.