The provision for income taxes serves as a crucial element in financial reporting, representing the anticipated income tax liability that…
Tax due diligence is a critical component of any mergers and acquisitions (M&A) transaction. It involves a comprehensive review of…
Mergers and acquisitions (M&A) transactions involve many steps and processes before the deal can be closed. One important aspect of…
Vendor Due Diligence Vendor due diligence (VDD) is a type of due diligence that is conducted by a seller (the…
What is Representations (Reps) and Warranties Insurance? Reps and warranties insurance is a type of insurance policy that is used…
Indemnity Clauses (Indemnities) In mergers and acquisitions (M&A) transactions, one of the most critical aspects of the deal is the…
A representation letter is a written statement provided by a company’s management to its auditors as part of the audit…
What is a Dividend? A dividend is a distribution of a portion of a company’s earnings, decided by its board…
Loan Forgiveness Loan forgiveness is a situation in which a creditor, such as a bank or government entity, decides not…