In the English language, Diligence means
careful/persistent work/effort. Company  Due Diligence refers to the examination and analysis of the company records, which will help in determining the financial standards of the company. This service is mostly availed by businesses when merging or acquiring new businesses.
These services will allow the management to gain the need of the present financial condition of the company and also help in uncovering any problems in the businesses. The management will be able to act on the said information and correct the course of the business.