In due diligence, an IT business lost a $2 million enterprise transaction which it had signed. Unconciled accounts, a jumbled financial picture spanning three years, and no audit trail were discovered by the customer. The deal collapsed in less than 48 hours. The cost of one failure in the budgetary control could not be less than a year of marketing.The role of Finance & Accounting Services could not be over-emphasized to IT organisations aiming growth.
