Quality of Earnings

Quality of Earnings support, built for your firm

We're the offshore QoE team behind US CPA and advisory firms — turning raw target financials into review-ready databooks your partners can defend in front of investors, lenders and counterparties.

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What we deliver

Built to slot into your engagement

  • Normalized and adjusted EBITDA with fully supported add-backs
  • Quality of revenue and gross-margin trend analysis
  • Net working capital trends and proposed peg
  • Net debt and debt-like items schedules
  • Monthly earnings bridges and proof-of-cash tie-outs
  • Review-ready databooks in your firm's format and templates
MANAGEMENT ADD-BACK SCHEDULE ($K)Owner compensation920One-time legal settlement610Non-recurring consulting345Rent normalization280Personal expenses185SUPPORTED ADD-BACKS+1,995
How the engagement works

An offshore extension of your team

01

You scope, we staff

You bring the mandate and your review standards; we assign a QoE team that works to your checklists and formats.

02

We build the databook

Our analysts assemble the QoE analysis — EBITDA normalizations, revenue quality, NWC and net debt — with a review-first discipline.

03

Overnight turnaround

Work progresses across time zones, so drafts are ready for your review cycle without your team losing hours.

04

You review & deliver

You review, refine and deliver to your end client under your own brand. We stay behind the scenes.

Case study

Compressing QoE turnaround on a healthcare add-on

ClientA Northeast US CPA firm
End clientTheir PE client's healthcare services target
EngagementBuy-side Quality of Earnings
TurnaroundDatabook in 6 business days

The challenge

The firm won a buy-side QoE mandate with a tight LOI deadline and limited internal bandwidth during a busy diligence season. The target had messy monthly financials, provider-level revenue and significant owner add-backs.

What we did

Our offshore team built the QoE databook end to end — normalizing EBITDA, validating add-backs, analyzing quality of revenue by payer and provider, and preparing the net working capital peg — all in the firm's template with a review-first structure.

The outcome

The firm delivered a defensible databook two days ahead of the LOI deadline, freeing their managers to focus on client-facing analysis. The engagement became a recurring offshore relationship across subsequent add-ons.

Case study anonymized to protect client confidentiality.

Add capacity without adding headcount

Let's talk about how an offshore Quality of Earnings team can extend your firm's delivery.

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