[Make A Copy] Comprehensive Deal Room Checklist

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2	Comprehensive Deal Room Checklist This checklist contains a comprehensive breakdown of what to request during deal diligence.
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4	Title	Description	Category	Priority	Status
5	Financial Statements - Audited	Please provide copies of audited financial statements for the Target and each subsidiary and affiliates for the past 5 completed fiscal years.	Accounting		Open
6	Financial Statements - Unaudited	Please provide copies of unaudited financial statements for the Target and each subsidiary and affiliates for the applicable current fiscal year period(s).	Accounting		Open
7	Off-Balance Sheet Transactions	Please provide a detailed description of any off-balance sheet/statement of financial position items, liabilities or obligations of any nature (fixed or contingent) that are not shown or otherwise provided for in the Target’s current financial statements.	Accounting		Open
8	Contingent Liabilities	Please provide a schedule and description of any contingent liabilities not disclosed or referred to in the financial statements.	Accounting		Open
9	Prepaid Expenses	Please provide a detailed schedule of the components of all prepaid expenses and deposits.	Accounting		Open
10	Audit Letters	Please provide copies of any letters issued by the Target’s auditors during the last 5 years regarding the Target’s accounting controls, method of accounting and other procedures, including all Management Representation Letters.	Accounting		Open
11	Accounting Policies	If the financial statements provided were not prepared in accordance with GAAP, please provide a summary of all key accounting policies necessary to the understanding of the financial statements.	Accounting		Open
12	Changes to Accounting Policies	Please provide a summary of all material changes to accounting policies adopted by the Target in the past 5 years and the reasons such changes were undertaken.	Accounting		Open
13	Budgets	Please provide copies of all budgets and operating plans prepared for the Target for at least the next 12 months.	Accounting		Open
14	Projections	Please provide copies of all financial projections prepared for the Target for at least the next 12 months.	Accounting		Open
15	Cash Management	Please provide a summary of any cash management controls and practices adopted by the Target.	Finance		Open
16	Investmet Policies	Please provide a summary of the Target's investment policies.	Finance		Open
17	Hedging	Please provide a summary of the Target's hedging policies, including copies of all contracts or instruments related thereto.	Finance		Open
18	Accounts Receivable - Aging	Please provide a report reflecting all aged accounts receivable trial balances for Target.	Finance		Open
19	Inventory	Please provide a summary of the Target’s inventory costing system and other procedures and policies related to inventory (e.g., counts, valuation, turnover, obsolescence, etc.).	Finance		Open
20	Bad Debts	Please provide a detailed description of any bad debts and any agreements or arrangements that are expected to result in a loss to the Target.	Finance		Open
21	Reserves	Please provide a schedule and detailed description of any reserves/contingency funds established for specific risk situations.	Finance		Open
22	Credit Support Obligations	Please provide a current listing of standby letters of credit, performance bonds, performance guarantees and similar credit support obligations.	Finance		Open
23	Bank Statements	Please provide copies of recent bank reconciliations and bank statements for all material bank accounts.	Finance		Open
24	Capital Expenditures - Past	Please provide a summary of all material capital expenditure projects completed in the last 3 years, including any contracts or other documnentation related thereto.	Operations		Open
25	Capital Expenditures - Planned	Please provide a summary of all capital expenditures planned in the next 12 months.	Operations		Open
26	Fixed Assets	Please provide a current fixed asset register and/or copy of latest physical inventory of all equipment and other assets.	Operations		Open
27	Equipment	Please provide a schedule of equipment split by capital vs. operating lease and provide copies of all lease agreements related thereto.	Operations		Open
28	Insurance Policies	Please provide a summary of all current insurance coverages and copies of all policy documents related thereto.	Insurance		Open
29	Insurance Claims Summary	Please provide a summary of all claims made against any insurance policy within the last 5 years.	Insurance		Open
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