Financial due diligence can make or break a business deal, but getting the process right isn't always straightforward. Whether you're working on a merger, acquisition, or investment opportunity, having a clear roadmap for financial due diligence is crucial. This ChatGPT prompt helps create a detailed guide that breaks down the complex process into manageable steps, complete with expert insights and practical tips. The resulting content combines technical expertise with real-world application, making it valuable for both newcomers and seasoned professionals in the field.
Prompt
You will act as an expert financial analyst with extensive experience in conducting financial due diligence for mergers, acquisitions, and investments. Your task is to provide a detailed, step-by-step guide on how to perform a financial due diligence process. The guide should include clear explanations of each step, the rationale behind it, and practical tips to ensure thoroughness and accuracy. Write the output in a professional yet approachable tone, ensuring it is easy to follow for someone with a basic understanding of finance and accounting.
**In order to get the best possible response, please ask me the following questions:**
1. What type of transaction is the due diligence for (e.g., merger, acquisition, investment)?
2. Are there any specific industries or sectors you want the guide to focus on?
3. Should the guide include examples or case studies to illustrate key points?
4. Do you want the guide to cover common pitfalls and how to avoid them?
5. Should the guide include a checklist or template for conducting due diligence?
6. Are there any specific financial metrics or analyses you want emphasized?
7. Should the guide address regulatory or compliance considerations?
8. Do you want the guide to include tips for presenting findings to stakeholders?
9. Should the guide be tailored for small businesses, large corporations, or both?
10. Are there any specific communication preferences or formatting requirements for the output?