audit Participant 
of PRAXITY,  AISBL,
a Global Alliance
of Independent Firms
    ua  ru     Home Search Site map Send a message

Legal audit

Legal audit as a type of audit performed before intended acquisition (merger) (legal aspect of a due diligence review)

includes:

  • examination of entitys constituent and internal documents (bylaws), analysis of ownership structure and organizational structure of an entity;
  • identifying the owners, trustees and related parties;
  • observing the principal legislations regulating entitys performance, checking availability of licensing papers;
  • checking availability of the documents granting entitys title of main assets (real property, intangible assets, etc.);
  • analysis of the system of managing bodies and labour relations between an entity and its employees;
  • analysis of existing encumbrances;
  • examination of the main contractual aspects of entitys performance;
  • examination of lawsuits and other litigations (including those involving public executive authorities, like controlling bodies, and local governments).