Quality of Earnings
HELPING YOU
PROTECT YOUR
POTENTIAL INVESTMENT
This is what our Quality of Earnings Reports are all about.
Holtz Rubenstein Reminick’s Quality of Earnings Reports (QERs) enable commercial lenders and private equity firms to assess the reasonableness of a company’s earnings before making the critical decision to underwrite a merger and acquisition transaction. We use overall reasonableness to assess how repeatable, controllable, and bankable a targeted firm’s earnings are.
As an accounting firm that has provided due diligence services to many buyers and sellers involved in mergers or acquisitions, Holtz Rubenstein Reminick understands the importance of an unbiased analysis of a target firm’s earnings.
Our QERs can assist buyers in purchase price negotiations, assess reasonability of management forecasts, identify opportunities for improving a target’s operations and a buyer’s investment in them, evaluate internal controls, and understand trends that impact historic growth and profitability, as well as sustainability of future earnings.
Our Quality of Earnings due diligence engagements include:
- Analysis of cash flows
- Review of both on- and off-balance sheet assets and liabilities
- Evaluation of management forecasts
- Identification of important business drivers, trends in profitability and in risk
- Examination of non-recurring and one-time items
- Post-acquisition asset allocation review
Our bottom line at Holtz Rubenstein Reminick is your bottom line: to assure that measurements of a target’s baseline valuations are reasonable and earnings are sustainable.

Patrick J. Fahey, CPA
Partner in Charge
Tel. 631.719.3203
PFahey@hrrllp.com
