DUE DILIGENCE

The aim of the due diligence is to identify the potential significant risks of the target company and to provide the “big picture” to the investor in order to make the appropriate decisions.

In the course of our due diligence services, we investigate the legal, financial, operational and tax position of the examined entity and in addition, we identify the main risks and as well as those factors that can influence the purchase price or – if necessary – can be considered as deal breakers.

Our findings and the identified risks regarding the legal, financial, operational and tax due diligence are being summarized in a Due Diligence report. Furthermore, ongoing correspondence is also ensured to the investor (or the seller) in order to discuss the opened questions/queries.

INTERNAL AUDIT

Companies who have set the conscious and sustainable growth as their main objective, recognized how important is the regular review and assessment of those internal controls which determine their business processes. An independent external professional may provide reliable information on the actual business operation and also may help to identify the occurring risks of operation and management. In case of such request our professionals are pleased to assist with the review of business processes, the assessment of the daily operations compliance with the internal controls, the reveal of process controlling weaknesses and the mitigation of related risks.

GDPR ADVISORY

GDPR is the General Data Protection Regulation adopted by the European Union and the Council on the protection of natural persons with regard to the processing of personal data and on the free movement of such data (hereinafter referred to as: GDPR Decree). The GDPR Decree entered into force on 25 May 2018 introducing new obligations for most businesses.

This obligation concerns any company where personal data is handled or processed. Data management performed by the data controller involves almost all acts performed with personal data, such as their recording, collection, storage, use, transmission, modification for various purposes. The person who processes personal data on behalf of the data controller qualifies as data processor within the meaning of this regulation.

Within the scope of our services, we review the data processing performed by the Clients and review / prepare the related data processing documents in line with the GDPR Decree. In this context, we perform the risk analysis of data management and make concrete suggestion how to ensure the future compliance.
In the course of our work:

• we provide the Clients with a detailed questionnaire in connection with data processing occurring at the Clients;
• after the Clients completed the questionnaire, we identify the data processing procedures and perform the risk analysis of the data processing;
• we review / prepare the documents in connection with data processing (e.g. data processing policy).