Resources & Guides
Everything you need to understand Quality of Earnings analysis — from foundational guides to practical comparisons and deep dives into our platform's capabilities.
Quality of Earnings
Core resources on Quality of Earnings — pricing, software, templates, and diligence checklists.
QoE Cost
Pricing benchmarks and what drives Quality of Earnings engagement fees.
QoE Software
Platform comparison and buyer's guide for Quality of Earnings tools.
QoE Template
Downloadable Quality of Earnings report structure and worked examples.
QoE Checklist
Step-by-step financial due diligence checklist for QoE engagements.
Educational Guides
Master the fundamentals of Quality of Earnings analysis, EBITDA adjustments, and financial due diligence.
AI Won't Do Your QoE Analysis For You
Honest take from an AI QoE company on what AI can and can't do in financial due diligence — and why 'AI-assisted' beats 'AI-generated.'
What Is a Quality of Earnings Report?
Complete guide to QoE reports — what they are, why they matter, key components, and how AI is changing the process.
EBITDA Adjustments: Types, Examples & Best Practices
Categories, common examples, documentation standards, and red flags to watch for in EBITDA adjustments.
Financial Due Diligence Checklist for M&A
Document requests, analysis steps, red flags, timeline planning, and common mistakes to avoid.
Revenue Quality Analysis for M&A
Customer concentration, recurring vs non-recurring revenue, AR aging, revenue recognition, and trend analysis.
Working Capital Analysis & NWC Peg
Net working capital calculation, peg negotiation, turnover ratios, seasonality, and cash conversion cycle.
QoE Report Template & Structure
Executive summary, EBITDA bridge, revenue and expense analysis, working capital schedule, and proof of cash.
General Ledger Review for Due Diligence
GL anomaly detection, unusual journal entries, personal expenses, related party transactions, and AI-powered review.
EBITDA Bridge — Net Income to Adjusted EBITDA
Build an EBITDA reconciliation: adjustment categories, run-rate calculations, and documentation standards.
Financial Red Flags Checklist
Revenue, expense, balance sheet, cash flow, GL-level, and operational warning signs in M&A due diligence.
Cash & Bank Tie-Out Guide
Proof of cash methodology, GL-to-bank reconciliation, commingled expense detection, and unrecorded liability identification.
Sell-Side vs Buy-Side QoE
Key differences between sell-side and buy-side Quality of Earnings reports — scope, purpose, and when you need each.
Owner Compensation Normalization
How to normalize owner salary, benefits, and personal expenses for EBITDA add-backs in M&A.
Personal Expense Detection
Methods for finding personal expenses in the GL — keyword searches, vendor analysis, and AI-powered detection.
Customer Concentration Risk Analysis
Thresholds, analysis framework, mitigating factors, and how concentration affects deal terms and valuation.
Run-Rate EBITDA vs Historical EBITDA
When to use each, how to calculate run-rate EBITDA, pro forma adjustments, and red flags.
Can AI Replace a QoE Report?
Honest assessment of AI capabilities and limitations in Quality of Earnings analysis.
How AI Detects Accounting Anomalies
Detection techniques, practical examples, and how AI-powered GL review compares to manual analysis.
Signs of Earnings Manipulation
Revenue manipulation, expense timing, balance sheet signals, and GL-level indicators in M&A.
SDE vs Adjusted EBITDA
A novice buyer's guide: what each number means, when to use it, how to convert between them, and why mixing them up is the most expensive mistake in small-business M&A.
Use Cases
See how deal professionals, advisors, lenders, and accounting firms use AI-assisted QoE analysis to move faster and smarter.
QoE for Independent Searchers & ETA
Screen deals faster, reduce diligence costs, and build confidence in acquisition decisions.
QoE for Private Equity & Deal Teams
Screen more deals without adding headcount with consistent, standardized analysis.
Sell-Side QoE for M&A Advisors
Prepare sellers, control the narrative, and differentiate your advisory practice.
QoE for Accountants, CPAs & QoE Firms
Scale your practice with 2-3x more engagements and 48-hour preliminary findings.
QoE for Business Brokers
Close more deals with pre-listing financial assessments and compressed diligence.
QoE for Lenders & SBA Lending
Strengthen underwriting, mitigate acquisition loan risk, and accelerate closings.
Comparisons
Understand the tradeoffs between different approaches to Quality of Earnings analysis.
Features
Deep dives into the tools and integrations that power Shepi's QoE platform.
QuickBooks Integration for QoE
Direct data pull, automatic account mapping, multi-period support, and secure OAuth.
AI-Powered QoE Analysis Assistant
Red flag identification, adjustment guidance, educational support — AI assists, you decide.
AI for Financial Due Diligence
Automate EBITDA add-backs, GL anomaly detection, revenue analysis, and working capital calculations.
AI-Powered QoE Software
End-to-end Quality of Earnings platform — from data ingestion to lender-ready reports.
EBITDA Add-Back Automation
AI scans your GL for adjustment candidates, categorizes findings, and generates EBITDA bridges.
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