Due diligence is due professional care.
Due diligence is due professional care. It is the standard by which all auditors, company officers and accountants are held. Due diligence in the purchase of a business, or the hiring of a senior level manager only makes good sense. Large expense outlays for important equipment, acquisitions, or the outright purchase of an entity, should be thoroughly researched and investigated. It is the best way a logical and intelligent decision can be made.