Technical Due Diligence / CPAs
This is just a short admonition to those who think they can do it. You can’t. You cannot do financial due diligence as a CPA, you can deal with the matters that are relevant to your expertise. You cannot do technical due diligence on a building unless your expertise allows you to understand the difference between stress and strain, what was required, what was delivered, and what was installed. You cannot do due diligence on a proposed power plant if you don’t know the background of the fuel supply and power purchase contacts or what the efficacy and ability of the turbines and gen sets will be. So please ‐ please ‐ please ‐ do not call yourself a forensic accountant and an investigator when you have no investigative license or credentials.