1. Financial Statements:
Review the company's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health and stability.
2. Legal and Regulatory Compliance:
Ensure the company complies with all relevant laws, regulations, and industry standards, including permits, licenses, and contractual obligations.
3. Organizational Structure:
Evaluate the company's hierarchy, reporting lines, and key personnel to understand its management structure and decision-making processes.
4. Risk Management Practices:
Analyze the company's risk assessment and mitigation strategies to identify potential vulnerabilities and safeguards.
5. IT Infrastructure and Cybersecurity:
Assess the state of the company's technology infrastructure and its cybersecurity measures to protect sensitive data.
6. Vendor and Supplier Relationships:
Examine the company's relationships with vendors and suppliers to determine potential dependencies and risks.
7. Employee Policies and Benefits:
Review HR policies, benefits packages, and employee contracts to understand workforce stability and potential liabilities.
8. Business Continuity and Disaster
Recovery Plans: Inspect the company's plans for maintaining operations during crises and recovering from disasters.
9. Operational Policies and Procedures:
Evaluate documented operational processes and procedures for efficiency, consistency, and compliance.
10. Environmental and Sustainability Practices:
Investigate the company's environmental impact and sustainability efforts, which can have regulatory and reputational implications.
