Refurbishment report according to IDW standard

If your company needs financing, especially in crisis situations, banks regularly require a restructuring concept that confirms the ability of the financed company to service the debt to repay the financing amount from the bank's point of view. Your financing partner would like to know whether and how your company can survive on the market in the long term. This is therefore about the strategic orientation, the competitiveness and the profitability of your company, in short about the entrepreneurial probability of success. Therefore, a restructuring report is the basis for the (new) granting of loans, also and especially in crisis situations.
A remediation report according to the IDW standard is broken down into the following items:
Analysis of the company situation and company situation
Identification of the crisis stage and the causes of the crisis
Examination and assessment of the possibility of going concern
Strategic orientation / mission statement of the company (to be) restructured, which should be taken into account in the future orientation
Recommendations for action to deal with the corporate crisis
Forecast planning of corporate development and the impact of the measure effects when implementing recommendations for action
Financiers often do not have the opportunity and/or expertise to evaluate the future profitability and competitiveness of their customers through direct insight into company details, insofar as this evaluation goes beyond the evaluation of balance sheets or business evaluations. Therefore, a plausible and transparent presentation of the situation along with business goals by an independent consultant for overcoming the crisis is the basis for a positive financing decision. We support you in the preparation of restructuring concepts, restructuring reports and continuation forecasts. To do this, we deal extensively with the initial situation, the competitive and market environment and the causes of the crisis. In consultation with you, specific measures can be developed on this basis to restore financial balance and earning power in the short or long term.
We create restructuring concepts for you or for submission to your financier or evaluate existing ones, also in some areas. Insofar as the evaluation of complex business relationships, eg as part of integrated corporate planning, is necessary, we work together with external specialists. It is our goal to work with you to develop a viable and realizable concept for the continuation of the company.

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