All Services
Finance

Financial Due Diligence

Before any acquisition, investment, or partnership in Saudi Arabia, understanding the true financial position of a target business is essential. BZNX's due diligence practice uncovers what the numbers actually mean — beyond what audited statements show — giving decision-makers the confidence to act or walk away.
Typical Timeline: 2–4 Weeks
Financial Due Diligence

Key Deliverables

Historical Financial Review
Working Capital Analysis
Cash-Flow Modelling
Risk Assessment

What's Included

Everything Covered For You

Historical Financial Review

3–5 year trend analysis of P&L, balance sheets, and cash flows — identifying anomalies, one-offs, and true underlying performance.

Working Capital Analysis

Assessment of receivables quality, payables terms, inventory valuation, and normalized working capital requirements for the business.

Cash-Flow Modelling

Independent cash flow projections stress-tested against market scenarios, contract exposure, and operational assumptions.

ZATCA Compliance Review

Verification of VAT filing history, zakat obligations, and corporate tax exposure under Saudi tax regulations.

Risk Assessment

Identification of contingent liabilities, off-balance-sheet exposure, related-party transactions, and regulatory compliance gaps.

Management Accounts Review

Assessment of internal reporting quality, accounting policies, and alignment between management accounts and statutory filings.

How It Works

Our Process

01
1

Scope Definition

We agree the scope, materiality thresholds, and key risk areas based on transaction type, deal size, and industry-specific considerations.

02
2

Data Room Review

Systematic review of all financial documents — statutory accounts, management accounts, contracts, and tax filings — through a structured request list.

03
3

Analysis & Modelling

Independent financial modelling, normalisation of EBITDA, and identification of quality-of-earnings adjustments that affect deal valuation.

04
4

Report & Advisory

Delivery of a structured due diligence report with findings, red flags, deal adjustment recommendations, and post-acquisition priorities.

What You Receive

Full Deliverables

Financial Due Diligence Report
Normalised EBITDA Analysis
Working Capital Assessment
Cash Flow Model
ZATCA Compliance Summary
Risk & Red Flag Register
Deal Price Adjustment Recommendations
Post-Acquisition Action Plan

Why Choose BZNX

Our Difference

01

Saudi Market Expertise

We understand ZATCA, zakat, and Saudi-specific accounting practices that international due diligence firms routinely miss.

02

Independent & Objective

We have no relationship with the target — our findings are objective and presented in the investor's interest alone.

03

Actionable Findings

Our reports don't just list risks — they quantify the deal impact and provide specific recommendations for negotiation or structuring.

READY TO LAUNCH YOUR BUSINESS IN SAUDI ARABIA?

Let BZNX handle everything — from setup to success.