We apply experience gained from conducting hundreds of due diligence and dispute resolution engagements on behalf of financial and strategic buyers. Working in conjunction with our client's investment banker/broker, or before an intermediary is retained, we thoroughly assess and are available to help remedy deficiencies in areas including:

Financial

> Accounting systems, policies and procedures

• Revenue recognition and costing methods
• Consolidated and detailed gross margin analysis
• Integration of operational and accounting software

> Historical financial statements

• Consistency of EBITDA over comparable time periods
• Preparation in accordance with GAAP
• EBITDA calculations and adjustments for non- recurring items
• Purpose of related party relationships
• Impact of under or over-market related party transactions on EBITDA

> Accounts receivable and sales

• Terms, aging and quality
• Customer concentrations

> Inventory valuation and costing methods

> Accounts payable terms and aging

> Financial projections and related assumptions

• Quality and dependability of operations, future cash flows and financial positions
• Capital expenditures & deferred maintenance

Operations

> Evaluation of managerial depth

> Internal controls

> Reporting compliance

> Process improvement and re-engineering

> Human resource management

Market Position

> Business trends

> Competitive assessment

> Market evaluation and demographic reviews

> Performance benchmarking

Brandlin & Associates is an exclusive provider of accounting due diligence, financial consulting and strategic consulting services. We pride ourselves on offering superior technical expertise, years of practical experience and unparalleled service to decipher financial and operational performance metrics. As a result, our clients are able to make informed decisions in a timely manner.

email: news@brandlin.com

phone: (310) 789-1777

web: http://www.brandlin.com