Independent Accountant Reports
If a company is considering the Examinership process it is crucial to initially conduct an realistic assessment of the prospects of survival for the business or any constituent elements of it surviving as a going concern.
We have extensive experience in conducting Independent Accountants Reports (IAR) working on some of the highest profile cases to be presented to the High Courts in recent years.
Our IAR approach is based on a proven system of analysis working through historical financial data combined with examining financial models and projections to assess the feasibility of the business. We actively engage with company directors and senior management to inform our judgement and opinion on the future prospects for the business.
Additional considerations include if creditors or interested third parties would be better served if attempts are made to save the business or alternatively pursue an insolvency option such as liquidation or receivership.