The articles are provided for information purposes only, and are not intended as legal advice.


If the seller of the business uses a bookkeeper to prepare the financial statements, are these as good as one provided by a CA or CPA?  If there is a notice to reader opinion, should you rely on these?  If the accountant prepared a review engagement report or audit, are you allowed to rely on those?  (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


Look at the type of expenses which are incurred by the owner.  Did the owner get value for their money or were they just wasting their money? (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


Review of the external financial statements is very important and previous blog articles discussed the different types of financial statements prepared by accountants.  Do not discard the importance of Internal (more…)


The articles are provided for information purposes only, and are not intended as legal advice.


Why is the owners selling the business? Does his/her explanation make sense or does it raise a red flag indicating that there could be problems with the business? (more…)