Investigative Due Diligence
The XXXXXXXX Investigative Due Diligence (IDD) practice helps counsel, investors and financial institutions to identify and avoid risks by exposing the hidden elements of prospective transactions and relationships. Our multi-disciplinary team of investigative professionals discover, verify and analyze information to alert you to potential risks and advise on their mitigation.
Comprehensive Background Checks
Investigative Due Diligence is an essential service for companies concerned about the unknown dimensions of a potential acquisition, investment, partner, client or other commercial relationship. Through a comprehensive process of in-depth background checks, interviews and detailed analyses, we surface information for personnel decisions, strategic negotiations and disclosures in potential transactions.
Corporations engaged in mergers and acquisitions, strategic alliances and significant vendor or customer relationships can benefit from the awareness that IDD provides for transaction teams, investment banks, private equity firms, hedge funds, institutional investors and their legal counsel.
Types of Risks Identified by IDD:
* Undisclosed related-party transactions
* Misrepresentations or omissions
* Unreported financial difficulties
* Allegations of illegal or unethical business practices
* Troubled transactional history
* Undisclosed legal proceedings
* Questionable associations or relationships
* Criminal or regulatory actions
* Trade with controversial entities or embargoed countries
* Deficient director independence or corporate governance
* Financial reporting issues
Forensic accounting
Another firm:
Specific examples of services that we can provide include:
• Damage calculations, such as compiling exposure levels from fraudulent billing allegations
• Assisting in the drafting, implementations and reporting requirements of Corporate Integrity Agreements
• Assisting in settlement negotiations with government agencies or payers
• Investigation of "hotline" reports
- Initial investigation of patient abuse issues
- Investigation of reports of mismanagement of programs or subsidiaries
- Initial investigation of reports of Human Resource issues/violations
• Defense of false claim allegations
• Billing compliance reviews
• Reviews of recruitment procedures, and other business process reviews related to anti-kickback violations
• HIPAA compliance reviews
Accountants playing private dicks. Forensic accounting/IDD is a bottom-feeder's gig, and it's a troubled program's wet dream. To what extent will they go to protect clients? And why is an accountant investigating "hotline" reports? What info do they have access to? How many or these guys are scurrying around under the boards of the industry, especially now?