Companies in distress: Managing the challenges – November 19, 2013

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Webcast By Transaction services

Webcast summary

In this webcast focused on companies in moments of distress, we’ll provide an overview of the typical cycle of a distressed company, including the leading indicators, actions management can take to turn the business around and prevent a bankruptcy filing and how a turnaround advisor can help. We will also focus on thoughts and ideas that may maximize a business’ opportunity while in bankruptcy.

Webcast details 

Tuesday, November 19, 2013
1:00pm - 2:00pm EST

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Business trouble can arise quickly and for a variety of reasons. Companies may suffer from missed market expectations, reduced operating profit or severe cash problems. Whether triggered internally or by marketplace dynamics, early detection and swift, decisive action are the keys to restoring performance and value. There are a number of early indicators of stress that should be considered. The earlier that these are identified, the sooner and more fulsome the turnaround can be.

When faced with financial and operational troubles, it is often difficult for management to know what to do first and when to seek the assistance of external professionals. In general, companies tend to wait too long to pull the trigger on turnaround activities. In general, the more financially distressed a company is, the fewer options are available to fix the problem. It is therefore advantageous to bring in early external professionals who understand the the options available to rapidly put the company on the right path.

In this webcast focused on companies in moments of distress, we’ll provide an overview of the typical cycle of a distressed company, including the leading indicators, actions management can take to turn the business around and prevent a bankruptcy filing and how a turnaround advisor can help. We will also focus on thoughts and ideas that may maximize a business’ opportunity while in bankruptcy.

Topics for discussion will include:

  • The turnaround process
  • Financial alternatives
  • Key accounting considerations and ramifications
  • Valuation

CPE credit: 

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