due diligence

[sunflower71]

Anyone gone through this at there workplace?

what is to be expected?

TIA

[wa33letops]

i work in a off licence we show due diligence by recording all the refusal to serves this shows the authorites that you do check the age of people by not serving underage

[pezza.......]

sunflower71, I take it that you mean due diligence prior to a take over?

[Miss-taken]

Its just the same as an annual audit - same questions, same work - as an ex-auditor - I know these things!

[sunflower71]

yes pezza that is correct.

Yep I now understand its like an audit so they can look through all my files pc etc.

[WendyS]

Depending on the size of company to be taken over, this can vary from a short enquiry to an investigation of gargantuan proportions, where every department will have to answer a long list of questions about marketing & sales, logistics, employee relations/salary/pension policies, manufactuing processes, etc.

Believe me, it's not something you would put your hand up and volunteer for if you're on the receiving end of the process!