Quality of Earnings
Review reported and adjusted EBITDA, normalization adjustments, recurring items and run-rate performance.
Financial Due Diligence and Transaction Support
Financial Due Diligence and Transaction Support in India
For acquisition, sale, investment or refinancing decisions in India, Plus One provides financial analysis across Quality of Earnings, working capital, net debt and forecasts. We agree the scope and responsibilities with management and the lead adviser, then connect each finding to the transaction question it affects.
Core Lens
Deal clarity
Focused diligence, normalized findings and practical transaction insight.
Scope
Diligence workstreams built around the questions behind value.
We work from source data and management information to produce traceable analysis, issue-led commentary and schedules that fit the lead adviser’s review process.
Net Working Capital
Analyze cash conversion, seasonality and working capital trends across receivables, payables and inventory.
Debt and Debt-Like Items
Assess loans, leases, contingent liabilities and other adjustments that may affect transaction value.
Revenue and KPI Analysis
Review revenue streams, growth drivers, concentration, seasonality, cohorts and recurring revenue patterns.
Financial Modeling and Forecasting
Build decision-ready models around operating assumptions, cash flow, sensitivities and transaction scenarios.
Operational Efficiencies
Examine reconciliations, aging, payroll, tax, cash and vendor concentration to identify operating risk.
Approach
Move from source data to decision-ready findings.
Each review is structured around the transaction objective and the risks that matter to the decision.
Scope
Define the transaction questions, information request and review priorities.
Analyze
Review financial trends, supporting records and operational drivers.
Normalize
Separate recurring performance from one-off or non-operating items.
Report
Present clear findings, adjustments and practical decision points.
Engagement Context
Transaction analysis shaped around the decision, not a generic template.
A useful diligence review explains what changed, why it changed and how the finding may affect value, deal terms or the next management question.
Buy-side, sell-side and financing decisions
Use this support before acquisition, sale, refinancing or investment decisions when reported results need to be tested against underlying records. It is particularly relevant where growth, margins, cash conversion, customer concentration or working-capital movements require a clearer explanation.
What a review can include
Depending on scope, the work can provide an earnings bridge, normalized EBITDA schedule, revenue and KPI analysis, net debt and working-capital schedules, a forecast review, and a tracker of open questions. Outputs are designed to be traceable back to the available source data.
How an engagement starts
The first step is to agree the transaction stage, target timeline, reporting period and information available. This lets the workplan prioritize the issues that may affect valuation, negotiation or lender confidence rather than producing analysis that arrives too late to be useful.
Looking for additional delivery capacity under your firm’s templates? See our FDD outsourcing support for accounting and advisory firms. Read about the difference between Quality of Earnings and an audit.
Questions, answered
Before you scope the work.
What does financial due diligence assess?
Financial due diligence analyses the earnings, cash generation, working capital and net debt behind a transaction. Plus One supports agreed buy-side, sell-side and financing workstreams, with findings linked to source data and the deal team’s questions.
Can an international adviser outsource part of a transaction review?
Yes. Teams in the USA, UK, Australia and Europe can discuss defined analytical workstreams delivered from India. Agree the reporting basis, workpapers, review responsibilities and communication window at kickoff.
Planning a transaction?
Share the stage, timeline and requirement.
USA · UK · Australia · Europe
Explore international delivery →India-based FDD and QoE support for international accounting and advisory teams. Agree your workstreams, reporting conventions and time-zone overlap before the engagement begins.