sideLook

1
sideLook

• Consulting

2
What We Do
sideLook

• Venture funds, Private-Equity funds or other
  types of investors (CLIENT) generally look to
  highly skilled, third party specialists, to
  assist them in reviewing a company (TARGET) prior
  to making an investment in a TARGET. This
  review, typically known as a due diligence,
  involves a detailed and extensive review of the
  financial affairs and specific operations of the
  TARGET company taken as a whole.

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Whats involved
sideLook

• Certain procedures are similar to an audit
  performed by an independent CPA firm.
• We review controls, policies and procedures as
  well as the flow of transactions.

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Whats involved
sideLook

• The focus of our work is typically on TARGETS
  financial statements.
• We look for accuracy, validity and existence.
• We review trends and other key metrics
• Financial statements from prior years may be
  audited or unaudited.
• Interview of key management is also critical to
  our approach and reporting.

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Whats involved
sideLook

• Scope of work is limited for audited, reviewed or
  compiled financial statements from a CPA firm.
• Focuses on internal controls and operations
• Scope is extended for company prepared financial
  statements.
• Focus on supporting documentation and internal
  controls of TARGETS procedures in preparing
  those financial statements

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Whats involved
sideLook

• We work to establish a relationship with TARGET.
• Our work is performed in a non-confrontational
  manner.
• We are aligned with the common goal of completing
  a deal while protecting the interest of the
  investor.

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What We Look For
sideLook

• General inquiries include
• Past and expected future trends
• Growth patterns
• Identifying significant accounts
• Trends and fluctuations
• Significant variances
• Unrecorded liabilities

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What We Look For
sideLook

• We apply our business knowledge and utilize our
  proprietary program to ask the "right" questions.
• We analyze information and attempt to identify
  any critical areas that the CLIENT should be
  aware of.

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Due Diligence Program
sideLook

• The review program includes but is not limited
  to
• General
• Background
• Industry
• Management
• Workforce
• Products
• Accounting
• Internal Control
• Sales
• Customer
• Accounts Receivable
• Marketing and Distribution
• Related Party Transactions
• Inventory
• Cost of Goods Sold

• Operating Expenses
• Prepaids, Intangibles and Other Current Assets
• Accounts Payable
• Tax
• Commitments and Contingencies
• Fixed Assets
• Cash
• Notes Payable and Long Term Debt
• Equity
• Information Systems
• Key Business Ratios

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What Else
sideLook

• Sarbanes-Oxley
• Internal Controls over financial reporting
• Writing accounting policy and procedure manuals
• Writing internal audit programs
• Preparing financial statements for GAAP
• Assisting in closing the books

11
My Background
sideLook

• Manager at a boutique NYC consulting firm
  managing clients to ensure they are in compliance
  with SEC regulations and General Accepted
  Accounting Principles. Worked with several
  Venture Capital firms and private companies
  performing financial buy-side due diligence of
  companies undergoing funding, as well as
  preparing financial statements and footnotes for
  companies readying themselves for an initial
  public offering. Developed and led the Sarbanes
  Oxley Group for this Emerging Business Group and
  later developed its due diligence practice area.
• Manager of internal controls for a global
  advertising and media corporation ensuring
  compliance with the Sarbanes Oxley Act for its
  global subsidiaries and performed balance sheet
  reviews and GAAP reconciliations at those
  international offices.
• Director of fraud investigations in a global life
  insurance companys internal audit department
  performing investigations of misappropriations
  of Company funds, identity theft and other acts
  of fraud as well as perform fraud training and
  awareness.
• Senior Consultant in a "Big Four" accounting firm
  providing investigative, advisory and litigation
  services in their forensic and litigation group.
• Financial Analyst for the Federal Bureau of
  Investigation performing forensic accounting and
  analysis in investigations into white-collar
  crime, public corruption, and other violations of
  federal statutes.

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Contact Information

• Gary Berrigan
• gary_at_sideLookLLC.com
• sideLook Consulting, LLC
• Telephone [phone]