Wednesday, May 7th, 2008
Financial Intelligence Requires a Deeper Look
New York, NY - Arising Group, Inc. recently completed intensive exercises in financial analysis with Tim Powell of The Knowledge Agency® (TKA).
George Karshner, Executive Vice President at Arising Group, said that understanding the financial fitness of a company is essential to proper due diligence. “Companies targeted for M&A or involved in litigation may not want to reveal their true financial condition,” Karshner said. “A company’s public relations team may put on a happy face, but to know the true health of a company you need to look at their public filings and financial statements and understand the implications of the different business ratios,” he added.