Evidence readiness

Data Room & Information Completeness

A data room is not complete because it contains many files; it is complete when the material transaction questions are supported or explicitly unresolved.

Buyer lens

Start from what should exist for the business model, then track received, missing, contradicted and substituted evidence.

Seller lens

Organize the package around buyer questions and identify open items yourself before the buyer does.

Why it matters

  • Folders can look complete while critical evidence is absent.
  • Missing records can reveal weak controls or simply create unresolved uncertainty.
  • Contradictions between sources should stay visible until reconciled.

Evidence to reconcile

  • Request list
  • Data-room index
  • Open-items register
  • Contradiction log
  • Evidence-status mapping