Due Diligence – Field Exams
We help asset-based lenders conduct periodic accounts receivable (AR) and Inventory field exams by providing custom solutions and thorough testing, delivered through a comprehensive Field Exams Report and the corresponding Exam Workbook.

We specialize in reviewing a company’s accounts receivable (AR) and inventory balances used as collateral to ensure completeness, accuracy and compliance with borrowing base certificates. Our report highlights key risks, including customer concentration, dilution, and turnover rate, helping you with the insights to make informed decisions.

Led by experienced former Big Four auditors, we offer tailored testing procedures to suit your needs instead of a one-size-fits-all approach. Our procedures involve reconciling AR and inventory balances with financial statements, trial balances, general ledger, aging/inventory reports and the borrowing base to ensure consistency. We also analyze AR/Inventory trends, turnover rates, and compare against past exams to surface meaningful variances and risk areas.

Our exam services offer a practical and cost-effective way to identifying issues upfront, enabling more efficient annual reviews and better targeted follow-ups.

Who It’s For
  • Chief Credit Officer (CCO)
  • Chief Financial Officer (CFO)
  • Chief Restructuring Officer (CRO)
  • Lenders
  • Professional Service Provider - Referral
  • Professional Service Provider - White Labelling

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We build best-in-class, custom financial models so you can make better decisions for your business