After the LOI: Never Give the Buyer Access to Your Accounting System

Updated onFebruary 17, 2026 Reading Time: 1 minute

Some LOIs include language allowing the prospective buyer access to your accounting system. NEVER. Do not agree to this request.

In this brief discussion, I’ll explain why we never do this and a sensible alternative to this request.

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Mark Gandy

Mark is one of the pioneers in the CFO and Controllership professional services industry having launched his practice in 2001. Today, he teaches CEOs and CFOs critical financial leadership and management concepts so that they can continue to grow and prosper in times of adversity, transition, and renewal. He is also the host of the CFO Bookshelf podcast.