The Importance of Financial Due Diligence in Mergers and Acquisitions
Financial due diligence is an essential step that businesses must undertake before making any significant financial decision.
Financial due diligence is an essential step that businesses must undertake before making any significant financial decision.
Internal controls are essential for any business, regardless of its size or industry. They are the checks and balances that ensure that financial transactions are accurate, reliable, and secure.
Taxation of branches/permanent establishments – The proposed reduction of the non-resident corporate tax rate from 37.5% to 30% from January 2024 is a welcome move for companies operating in Kenya.
Kenyan companies have been adopting different capital structure approaches based on their specific needs and market conditions.
Joint ventures (JV) have become a popular way for companies to collaborate and achieve their business objectives. A successful JV requires careful planning, negotiation, and implementation of the deal structure. The deal structure determines how the JV will operate, the responsibilities of each partner, and the allocation of resources and risks.
Valuation can impact a business deal in several ways. For example, if the valuation of a company is too high, it may deter potential buyers or partners from pursuing a deal.
Globally, a number of high-profile companies have struggled due to poor asset management practices. For example, Sears Holdings Corporation, a major US department store chain, filed for bankruptcy in 2018 after years of declining sales and mounting debt.
Effective financial management is crucial for the success of any organization, be it a multinational corporation or a small and medium sized business.