With the start of insolvency proceedings the company in question is bound to conduct financial reporting according to insolvency law. This is designed to make assets more transparent to both creditors and insolvency courts alike. This, however, has to be conducted in addition to existing financial reporting pursuant to commercial and tax regulations. To achieve this a dual system of financial reporting is required which takes in all the relevant regulations pursuant to insolvency, commercial and tax law.
Our competencies encompass fulfilling disclosure requirements as well as assisting clients with internal and external financial reporting.