A Due Diligence Audit involves a thorough evaluation of a company’s financial health, encompassing its entire operations. Major actions such as takeovers, mergers, or any significant moves that could adversely affect the financial standing of one or more organisations are typically preceded by this type of comprehensive audit. It’s a common practice to conduct such audits before crucial decisions are made. Auditors perform these inspections to ensure that there are no hidden debts or undisclosed financial liabilities.