Financial diligence

Revenue Verification

Revenue diligence determines whether reported sales reconcile to independent evidence and whether the revenue quality is consistent with the story used to value the business.

Buyer lens

Reconcile reported revenue to cash, customers, tax filings and operating evidence instead of trusting one source.

Seller lens

Prepare a clean revenue bridge before inconsistent systems or deposits become a credibility problem.

Why it matters

  • P&L revenue can differ from deposits, tax filings or operational activity for legitimate or problematic reasons.
  • Cash-heavy and marketplace businesses often require triangulation across several independent sources.
  • Revenue quality also depends on returns, collectibility, concentration and recurrence.

Evidence to reconcile

  • P&L and tax returns
  • Bank/processor settlements
  • Customer or order-level detail
  • Invoices/POS/platform exports
  • Refunds, credits and AR