Due Diligence 尽职调查/履职调查

definition of due diligence assignment: a fact finding exercise usually conducted to reduce the risk of making a bad investment decision

forewarned===forearmed ,n

purpose of due diligence : weather to buy? how much to buy, and when to process

types of engagement:

• assurance engagement
• what is our conclusion
• limited assurance only

CFO value and pricing of the entity

CEO  maxmize the wealth of the sharehoulders, use the resource under money in value

survey and valuation

on investment: purchase PPE

subsitantial procedures to obtain (gather)evidence