Independent Business Reviews
Management, bankers and investors often require an Independent Business Review (IBR) prior to finalising important financial decisions. For instance, management may request an IBR on a target company it proposes to acquire, lenders may seek reassurance from an IBR before committing funds to an enterprise, prospective investors may rely on an IBR to comfort their decision to invest in your company, a newly-appointed Board of directors may call for an IBR to obtain an external view of a company’s financial standing.
UHY & Co has carried out IBR’s of businesses operating in several sectors and of different sizes, including listed companies, in all the above circumstances and in many more.
During the conduct of an IBR, we keep in focus the objectives of the review and plan our work in order to address the key business issues which need to be addressed. Typically, these include:
- Current trading and financial position
- Profit and cashflow forecasts
- Business and financial strategies
- Sensitivity analysis
- Management and systems
Through our business-focused approach to IBR’s, we are able to provide stakeholders with comprehensive reports, incorporating key facts, analysis of options and clear practical recommendations on the way forward. Our previous experience in undertaking Independent Business Reviews suggests that stakeholders have acted on our recommendations in making their financial decisions.
