Due & diligence audit is normally carried out before acquiring a business entity or sanctioning loans and credit so as to confirm that the actual facts and the one presented are in conformity. Due diligence is conducted in cases of corporatization, disinvestment, public offerings, leveraged buyouts, lending, financing, venture capital, corporate restructuring, etc.
There are no set standards for due diligence but it is more dependent on the relative and essential facts of the case. VJM & Associates LLP works diligently when it comes to auditing and building up a comprehensive model for the business.