Commercial Audit for Majority Shareholders in a $1 Billion Development Project

September 16, 2021 | Client Success Story

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CASE STUDY

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Commercial Audit for Majority Shareholders in a $1 Billion Development Project

How our audit coordination provided crucial insights for majority shareholders in a $1 billion project negotiation

In the context of negotiations between majority shareholders and general managing partners of a $1 billion development project, our team was engaged to coordinate a comprehensive commercial and financial audit. Our expert coordination ensured a thorough review process, providing valuable insights to support the majority shareholders in their decision-making.

THE SITUATION

The majority shareholders of a significant $1 billion development project were in negotiations with the general managing partners. As part of this process, they requested a commercial and financial audit to gain a clearer understanding of the project’s status. The shareholders needed:

  • A comprehensive review of financial and operational aspects.
  • Assessment of regulatory compliance.
  • Insights into the project's overall performance and potential.

OUR APPROACH

Audit Coordination and Planning

As the coordinators of this comprehensive audit project, we worked closely with the analysts representing the majority shareholders and the management team to:

Competitive Landscape Evaluation

  • Establish clear lines of communication between all parties involved
  • Develop a timeline that aligned with the shareholders' negotiation schedule
  • Facilitate the exchange of necessary information and documents

Stakeholder Communication

Throught the process, we:

  • Maintained regular communication with the analysts representing the majority shareholders
  • Coordinated with the management team to ensure smooth execution of the audit
  • Kept all parties informed of the audit's progress and any significant findings

Audit Team Management

  • Overseeing the review of financial and operational aspects
  • * Coordinating with specialist auditors for specific areas of expertise
  • Supervising the auditee staff to ensure timely exchange of necessary information

Data Collection and Analysis Coordination

We coordinated the:

  • Collection of relevant financial and operational data
  • Analysis of information using appropriate tools and methodologies
  • Compilation of findings from various audit team members

Report Preparation

In the final stage, we:

  • Coordinated the production of detailed audit reports
  • Ensured the reports provided clear, actionable insights
  • Reviewed recommendations for improving business operations

THE RESULTS

By effectively managing the audit process on behalf of the majority shareholders, we helped create a solid foundation for constructive negotiations and informed decision-making. The insights gained from this coordinated audit effort contributed to a more transparent and productive dialogue between all parties involved in this significant development project.

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