Bryan C. Rice, CPA

Bryan C. Rice can use his knowledge and experience in business valuation, forensic accounting, income tax and other financial and accounting matters to assist in decisions concerning the acquisition of a business or interest therein. This area of Bryan’s practice can be classified as “Due Diligence” services.

Due Diligence is a set of information-gathering and analytical procedures designed to assist in the determination of the advisability of making an investment in, lending money to, or acquiring a closely-held business. Due Diligence procedures can include the following:

• Performing economic research
• Performing industry research
• Analyzing the target company’s financial statements for various attributes, including ability to service post-acquisition debt or attain earnings targets
• Interviewing current management of the target to determine efficiency of operations and economic viability
• Interviewing current customers, suppliers and others with relevant information about the target
• Reviewing tax returns of the target for certain attributes and exposures
• Reviewing documentation of corporate governance for certain attributes and exposures
• Determining viability of proposed deal structure (tax consequences, earn outs, consulting arrangements, etc.)
• Confirming/Inventorying/Cataloging assets and liabilities
• Assessing the viability of intangible value of the business claimed by seller
• Assess business and financial risk
• Compare deal terms to current business value
• Document findings in a formal written report