Birzeit Consulting
Your Choice of Fraud Prevention and Detection
Executive Due Diligence Professional (EDDP) Cram Course
EDDP CRAM REVIEW COURSE OUTLINE
The 2-day Executive Due Diligence Professional credential course outline is as follows:
1. Introduction of the process and the Science of Due Diligence.
2. Defining Due Diligence for you company and culture.
3. What functions should be within a Due Diligence Professional’s reach?
4. Planning a Due Diligence Audit / Review
Accounting
Backgrounds of Officer’s Directors and Key Employees
Background of key suppliers and customers
Capital Assets
Corporate Documentation
Enterprise Plans, Market, Business, Expansion, Research, etc.
Human Relations Department, compensation, compliance, attitude, retention
Key External Professionals
Marketing, plans, research, strategy
Organizational designs
Training, offered and required
Regulatory complaisance
Risk Management - global perspective
Finding the information you need
Check Lists versus Though Lists
In house - within the company
2nd Party - from customers, suppliers and key vendors
3rd Party - unrelated information providers
SME - Subject Matter Experts
Custom Research - designing your own methods
Creating Hypotheses and Testing Those Hypotheses
Writing a Hypothesis, Testing a Hypothesis
How many ways does the Hypothesis fit - or fail
Do it Again
Focus Topics in Due Diligence
High Technology, Art, Real Estate, IPCI
Valuation of the company and its assets
Cost, Market, Earnings, Replacement
Property, Buildings, Content, Intellectual Property, Processes
Impairments to value
Organizational Continuity, Fragility of value
Organizational sensitivity to change
5. What is important?
What will matter most in your report?
How to measure the more important information
6. Writing the report
Restate the engagement either internal or external
State any limitations or reservation up front
Summarize the most critical issues - positive and negative.
Cite facts researched with origin of foundation for the investigation
Report finding - never an opinion
Fatal Flaws
7. There is always more.
Trap of Transparency
DD as a weapon turned on you
“Tells” - something may not be as it seems
8. The future of Due Diligence as a managerial and financial science
This EDDP Cram Review is offered in coordination with Mr. L. Burke Files and the Association of Due Diligence Professionals (ADDP). For more information about the EDDP, please visit the ADDP-EDDP
