Accounting for companies in restructuring/bankruptcy process

Benefits

INFORMATION SAFETY

INFORMATION SAFETY

we cooperate with both parties and maintain full professionalism in communication when reporting to managers, supervisors, and receivers

KEEP CALM WHILE GOING THROUGH THE PROCESS

KEEP CALM WHILE GOING THROUGH THE PROCESS

thanks to the experience of a comprehensive team in conducting restructuring and bankruptcy proceedings – we provide reliable and meticulous data analysis (current and backward) and practical tips

PROFESSIONAL DATA ANALYSIS

PROFESSIONAL DATA ANALYSIS

thanks to cooperation with many companies in a difficult situation, we have the necessary experience in the accurate and reliable analysis of sensitive data. We provide professional reports and maximum discretion

SAVING MONEY

SAVING MONEY

We conduct enterprise restructuring and optimization proceedings both comprehensively and in individual spheres of activity or in stages. Bankruptcy proceedings do not have to mean the end of your company, we will take care of filling in the relevant applications, representation before the proceedings authorities and creditors until the proceedings are completed and your company is struck off the appropriate registers.

Price list

Range of services

Professional consulting in the field of accounting and reporting for companies during restructuring processes (market and product, property, organizational, etc).

Professional consulting in the field of accounting and reporting for companies during restructuring processes (market and product, property, organizational, etc).

Professional consultations on sound economic decisions, management methods, selection of optimal development directions, as well as other activities aimed at reducing risk

Professional consultations on sound economic decisions, management methods, selection of optimal development directions, as well as other activities aimed at reducing risk

Expert assistance in the development of detailed financial analyzes to protect the company against loss of financial liquidity

Expert assistance in the development of detailed financial analyzes to protect the company against loss of financial liquidity

An accounting audit and professional consultancy in the field of accounting services, conducted by a team of experienced specialists with a wide range of necessary tools and knowledge, will allow you to go through all the processes faster

An accounting audit and professional consultancy in the field of accounting services, conducted by a team of experienced specialists with a wide range of necessary tools and knowledge, will allow you to go through all the processes faster

Creation and submission of an application in composition and recovery proceedings, assistance in the implementation of the list of claims

Creation and submission of an application in composition and recovery proceedings, assistance in the implementation of the list of claims

Representing clients in the course of court proceedings - in the matter of declaration of bankruptcy and in the course of bankruptcy proceedings and representing clients before creditors

Representing clients in the course of court proceedings - in the matter of declaration of bankruptcy and in the course of bankruptcy proceedings and representing clients before creditors

Other offers

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Offers for specific cities

Company restructuring – a form of protection against bankruptcy

The deteriorating situation in the company is a cause for concern and for taking appropriate measures to improve the company's profitability. Before a company is faced with liquidity, it can turn to experts for help. Our team at TaxCoach has extensive experience not only in traditionally understood accounting but also in strategic consulting and legal consultations. Restructuring the company is one of the possibilities that will protect the company from bankruptcy.

Company restructuring may be carried out comprehensively or focus on selected areas of the company's activity. We provide professional support in a difficult time – often the restructuring of the company is associated with consolidation, division or ownership changes. We are a specialized and experienced team – our services as a professional accounting office are a chance for your company to spread its wings in business again.

Company restructuring, rehabilitation, bankruptcy – what does it mean in practice

The restructuring of the company is a process aimed at improving the economic situation of the company. Depending on the occurring factors, the enterprise may wait: Arrangement proceedings – the debtor has a chance to stay enforcement, for this purpose, he must submit an appropriate application and prove that he is able to cover the current costs of the arrangement proceedings, liabilities arising after its opening, and make an advance payment.

Recovery proceedings – the most rigorous form of restructuring, involving the public authorities to the greatest extent. The remedial proceedings have far-reaching legal consequences – it makes the debtor's property and the property used to run the business become a remedial mass – it loses the management right to it, which is taken over by the administrator. The recovery proceedings do not declare the company bankrupt, and the arrangement is accepted after the rehabilitation measures are completed.

Placing a company in liquidation bankruptcy results in a number of specific obligations in the area of closing and opening books of accounts. Another obligation is the need to prepare financial statements – it is regulated by the letter of the law (Article 45 (1) of the Accounting Act). The report includes the balance sheet, profit, and loss account, and additional information. It is best to engage experienced professionals for these tasks – such as our TaxCoach accounting office.