Early risk detection and corporate planning
“The members of the body appointed to manage a legal entity shall continuously monitor developments that could jeopardize the continued existence of the legal entity.” (non-official translation of Section 1 (1) sentence 1 StaRUG)
As part of the StaRUG, the legislator has tightened the duty of early risk detection and crisis management for management across all legal forms. By preparing and checking the plausibility of integrated corporate planning, we support managers in fulfilling their due diligence obligations.
Integrated corporate planning and planning process
Many companies have no or inadequate integrated corporate planning, consisting of a coherent balance sheet, income statement and cash flow statement. However, at the first signs of a corporate it is time to obtain a detailed overview of the financial situation and future financial development. Managing a company by account balance is fraught with liability and is not an option.
We support you in the further development or creation of your integrated corporate planning and supplement it with key figures relevant to your company. Together, we develop structures that do not require extensive software and are suitable for everyday use. We put you in a position to recognize risk situations, develop solutions and, if necessary, initiate countermeasures in good time.
“Quick Check” planning and risk early warning system
Do you already have a risk early warning system and (integrated) corporate planning in place, but would like to check their resilience? As part of a “quick check”, we can quickly gain an overview of your planning process, identify strengths and weaknesses and assess the validity of your planning model and the appropriateness of your (financial) risk early warning system.
Opinions in accordance with recognized standards
We issue opinions directed to third parties at a mutually agreed level of depth (“assurance level”) on matters and issues of relevance to the company.
The scope of our opinions ranges from indicative (initial) assessments (“quick checks”), opinions on definable issues to certificates and expert opinions, in which we also take a position and assume responsibility towards third parties.
Obligation to file for insolvency
We examine your liquidity planning or integrated corporate planning with regard to the (non-)existence of a obligation to file for insolvency. We discuss any anomalies in a personal meeting and discuss the next steps. If you do not yet have an (appropriate) corporate financial planning system, we will support you in preparing one.
Protective shield certificate („Schutzschirmbescheinigung“) pursuant to Section 270d InsO
The implementation of insolvency proceedings under self-administration as so-called “protective shield proceedings” is regularly an option that is particularly suitable for the restructuring of a company. The prerequisite for such proceedings is a certificate, which must be issued by a qualified expert. In this context, we comment on the question of whether the requirements set out in section 270d InsO for the ordering of such protective shield proceedings are met.
Fairness opinions
As part of our fairness opinions “in the narrower sense”, we comment on the financial appropriateness of transaction prices in the context of entrepreneurial initiatives.
In the context of our fairness opinions “in the broader sense”, we comment in a very similar way on definable financial issues. Examples include the retrospective valuation of company (shares) or the contractual fulfillment of performance obligations from a letter of comfort.
Business analyses and assistance
In addition to preparing and checking the plausibility of corporate financial plans or examining the grounds for filing for insolvency, we support you in a challenging environment with our business management expertise on a case-by-case basis.
Option analyses
Making informed decisions - that is our credo in challenging situations. Together, we identify and develop options for action on a case-by-case and situation-by-situation basis and examine their advantages, particularly from a financial and insolvency law perspective.
Crisis management
In critical phases, demonstrating strong leadership as well as professional and transparent communication are key factors in overcoming a corporate crisis. With proven methods and extensive experience in crisis management, we support you in proactively involving key stakeholders and developing sustainable solutions for your company.
Monitoring
At regular intervals, we analyze and discuss your company's business development on the basis of financial figures (target/actual comparisons). Our external monitoring creates trust and forms the basis for discussions “at eye level” with e.g. auditors and lenders.
