Quality of Earnings
Reports for
Business Acquisitions

Close faster with an independent,
objective analysis.

$100M+
Revenue Analyzed
46
Companies Helped
15+
Years of Experience
Profit Arc CFO
Experienced
CPA | CFO

Financial Due Diligence for High-Stakes Business Acquisitions

The Profit Arc provides independent financial analysis and due diligence to help investors, buyers, and business owners understand the financial reality behind a business.

Independent Due Diligence

Get an unbiased assessment of the business’s financial performance, with independent Quality of Earnings analysis designed to meet SBA requirements when applicable and give stakeholders confidence in the numbers.

Business Valuation Insight

Establish a more reliable basis for evaluating valuation and determining whether the proposed price is supported by the company’s normalized earnings and financial performance.

Increase Likelihood of Closing

Provide independent financial analysis that supports discussions with banks, lenders, investors, buyers, and other stakeholders, giving them credible information to evaluate the business, evaluate the risks, and make informed decisions.

Quality of Earnings are Complicated. I Make Them Simple!

A Custom Tailored Approach

There’s only one business in the world like yours. Work with someone that gives you individual attention. We customize our process based on your needs and the size, industry, and type of business.

Individual
Attention

No Contracts

Sell now or sell later – unlike other M&A firms, The Profit Arc requires no long-term commitments. We’re here to help you either way.

No
Contract

Confidentiality

Confidentiality and security are paramount to a successful transaction and our top priority.

Secure
Safe &

Financial Due Diligence Services

We examine the financial information behind the decision so you can move forward with greater clarity and confidence.

Quality of Earnings Analysis & Report

A third-party analysis of the selling company’s financial records prepared by an independent professional that presents the accuracy, quality, and sustainability of a company’s earnings.

SBA Required QoE

The SBA requires QoEs for initial acquisition and business expansion transactions where the business purchase price is $3 million or more. The threshold is measured before the equity injection and before any seller note, and excludes owner-occupied real estate.

Sell-Side Due Diligence

Sell-side QoE reports are becoming standard for all but the smallest transactions, so not having one puts you at a disadvantage. Obtaining a sell-side QoE report gives buyers confidence in your business, uncovers issues before they become problems, speeds up the transaction process, and is a strong signal to buyers that you’re serious.

Buy-Side Due Diligence

Bjy -side QoE reports facilitates understanding of account balances, cash flows, and other accounting issues that gives a clearer picture of the general operations of the business. The strengths and weaknesses of the business are examined to help the buyer make the most informed decision possible

The Quality of Earnings Analysis Process

QoEs vary based on company’s size, transactions, & management’s comfort level. Starts at $5,000

1

Preliminary Analysis and Discussion

Preliminary issues are discussed with the management team.

2

Adjustments to the Financial Statements

Adjustments are made so the financials reflect only the core business activities.

3

Detailed Analysis

Strengths & weaknesses are examined to help the buyer make the most informed decisions

4

Final Quality of Earnings Report

The final QoE report presents the accuracy, quality, and sustainability of a company’s earnings.

Results

Quantitative impact delivered.

$100M+
Revenue Analyzed
46
Companies Helped
15+
Years of Experience
100+
Transactions
Profit Arc in office
15+
Years Experience

About Rashida Sigmond

As a CPA and MBA with more than 15 years of experience in accounting, internal audit, corporate finance, and fractional CFO leadership, I bring a perspective that goes beyond the financial statements. I understand how financial information is produced, where it can go wrong, and how it translates into the operational and financial reality of a business. At the Profit Arc, LLC, where I provide Quality of Earnings, financial due diligence, and strategic financial analysis. I use my experience from both sides of the numbers to uncover risks, validate financial performance, and help clients make informed decisions when the financial stakes are high. Today, I combine accounting, audit, finance, and business leadership to give clients a deeper understanding of the numbers—and the confidence to act on them.
CPA
NASBA
MBA
University of North Alabama
15+
Years Experience

Client Feedback

Rashida has an incredible ability to look at complex financial information and quickly identify what matters. She doesn't just report the numbers—she asks the right questions and gets to the underlying issue.

R
Robert
HVAC Company

Her financial analysis gave us a much clearer understanding of our business performance and where the numbers needed further attention. She brought a level of rigor and insight that was invaluable.

T
Tim
SaaS Company

Rashida combines strong technical accounting knowledge with real business judgment. She was able to explain complex financial issues clearly and give us the information we needed to make better decisions.

V
Victor
Construction Company

Frequently Asked Questions

When should I start a QoE?+

After the letter of intent is signed

How long does the QoE take?+

The timeline depends on the complexity of the business, the quality of the financial information available, and the scope of the engagement. Timing is established at the beginning of the engagement based on the transaction timeline. However a general ball park is 6-8 weeks.

Should the buyer or seller get a QoE?+

Both buyers and sellers can benefit from a QoE. Buyers use a QoE as part of financial due diligence to validate earnings and assess financial risks before completing a transaction. Sellers can use a QoE to substantiate their financial performance, identify potential issues before going to market, and strengthen their position during the sale process.

Quality of Earnings Analysis & Reporting

Whether you're evaluating a business, preparing for a transaction, seeking financing, or need an independent assessment of financial performance, The Profit Arc provides the due diligence you need to make informed decisions.

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