Financial advisory
Financial due diligence in Qatar
Thiqa Consulting carries out financial due diligence in Qatar for buyers and investors before they commit. We check whether profits are real and repeatable, review debt, working capital, tax and hidden liabilities, and report the risks and the points that could change the price. Tell us about the deal and we send a written proposal.
Market data and a price chart on a laptop screen
- Quality of earningsAre the profits real and repeatable?
- Debt and liabilitiesWhat the business owes, including the hidden items
- Tax checksExposures you could inherit
- Price pointsFindings linked to the price you pay
Who needs financial due diligence
Anyone about to buy a company, a stake in one or a business’s assets, and investors putting money into a private company. The checks show what you are really buying before you sign.
Accounts prepared for the seller do not always show the full picture. Due diligence tests the figures, finds the issues and gives you facts to use in negotiation.
What we do
We agree the scope with you, then focus on the areas that could change your decision or the price.
Quality of earnings
We separate repeatable profit from one-off items and adjustments.
Debt and debt-like items
We list loans, overdue payments and other amounts that reduce what you get.
Working capital
We check receivables, stock and payables and what the business needs to run.
Hidden liabilities
We look for claims, guarantees and commitments not shown in the accounts.
Tax checks
We review filings and open tax positions you could inherit.
Report on risks and price
A written report with findings and suggested price adjustments.
We do not provide due diligence consultancy to companies whose financial statements we audit. We check conflicts involving the buyer, seller and target before accepting the engagement.
How due diligence works
- 1
Agree the scope
We confirm the deal, the target and the areas that matter most to you.
- 2
Request information
We send a list to the seller and review what comes back.
- 3
Analyse and question
We test the figures and raise questions with the seller’s team.
- 4
Report and discuss
You get the report and we go through the findings before you negotiate.
Information we need
- Details of the deal and the target company
- Audited financial statements for recent years
- Monthly management accounts and the trial balance
- Loan agreements, guarantees and main contracts
- Tax returns and correspondence with the tax authority
- Access to the seller’s finance team for questions
Get expert advice for your business
Tell us what you need. We reply with a written proposal covering the scope, the documents we need and the timeline.
Common questions about due diligence
Answers about the service, the work involved and what to prepare. Open a question to read more.
What is financial due diligence?
Financial due diligence is an independent check of a company’s finances before someone buys it or invests in it. It tests whether the profits are real, what the business owes, how much working capital it needs and what risks are hidden. The findings help the buyer decide whether to proceed and at what price.
What is a quality of earnings (QoE) review?
It is the part of due diligence that tests whether reported profit is real and likely to repeat. It removes one-off gains and costs, owner expenses and accounting adjustments to show the underlying earnings. Because buyers often price a company on its earnings, this review can have a direct effect on the price.
What does a due diligence report include?
A financial due diligence report usually covers the quality of earnings, net debt and debt-like items, working capital, tax exposures and other liabilities. It highlights the main risks, explains their possible effect and suggests price adjustments or protections to seek in the sale agreement. It is written for the buyer’s decision.
What is the difference between financial and legal due diligence?
Financial due diligence looks at the numbers: earnings, cash, debt, working capital and tax. Legal due diligence, carried out by lawyers, looks at ownership, licences, contracts, disputes and compliance. Most buyers need both, and the two teams share findings so that, for example, a legal claim is reflected in the financial picture.
What are common red flags in due diligence?
Common warning signs include profits that depend on one-off items, customers who pay late or not at all, unrecorded loans or guarantees, large related-party transactions, unfiled tax returns and records that do not match the bank statements. Each one may justify more questions, a lower price or protections in the agreement.
Tell us what you need. We reply with a written proposal.
You get the scope, the papers we need and the time it takes.
- 1You send your details by WhatsApp or email.
- 2We read them and ask anything we need to know.
- 3You get a written proposal: scope, papers and timing.