Due diligence support for a media company

PS was assigned to carry out a due diligence before an acquisition deal among two significant players within the industry. The Client was expecting a report on compliance with accounting and tax regulations as well as support in analysis future cash flow projections to validate income and expenditure assumptions thereof.

Due diligence support for a media company

Project details

20-12-2015
Special Services
Media
due diligence, financial analysis, accounting documents review, tax review

Description

Preparation of the report concerning review of accounting, tax, legal documents of Media Production with regard to the processes and resources of the fields of general, administration, finance, accounting, legal and contractual status.

 

On the basis of the information gathered from the Management Board and accounting/legal documents given by accounting service provider PS prepared:

  • analysis of tangible and intangible assets, receivables relative to taxes, social   security and health insurance, aging of trade receivables and liabilities
  • information about the income structure and income value generated by main clients of the company, significant costs
  • horizontal and ratio analysis of profit and loss account
  • review of contract of employment together with payroll and related expenditure
  • settlement analysis of Corporate Income Tax, Social Insurance Contribution, VAT to find any tax risk area
  • review of accounting policy applied
  • review of main contracts, orders, resolutions, guarantees which would affect the company or its members.

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