Learn how accountants and finance professionals view due diligence, drafting agreements, and contractual compliance. Errors and omissions can easily contribute to disputes and litigation. Explore a series of real-life examples to see what went wrong and how issues could have been avoided. The devil is in the details!

This on-demand program explores 4 key stages during the lifecycle of an agreement where an accounting perspective can complement a legal review:

Selecting Your Vendor/Contractor

Common Issues:

• Due diligence on parties to a contract
• Due diligence of financial statements
• Due Diligence of pro forma financial statements or projections

Drafting Your Agreements

Common Issues:

• Accounting terminology
• Contract language
• Availability of records and the Right to Audit clause
• Tenders

Financial Management and Reporting

Common Issues:

• Financial management
• Continuous monitoring

Contract Compliance

Common Issues:

• Non-compliance
  • Non-compliance that goes unnoticed
  • Intentional non-compliance through mischarging schemes
• Refusal to provide records
• Outdated contracts

This on-demand program was originally broadcasted as a webinar on February 3, 2021. Total running time is 58 minutes.