Plan Your Recovery From Bankruptcy
Recovering successfully from bankruptcy is a challenge that affects many businesses. Fresh start accounting allows a company to restate its balance sheet to fair value as of the day the business emerges from Chapter 11 bankruptcy protection.
However, most businesses do not emerge from bankruptcy protection more than once. This means that many accounting departments lack the experience in developing a fresh start plan and isolating and valuing assets appropriately. If not implemented correctly, a company could face serious challenges to its short- and long-term financial success.
BIA/Kelsey has a team of experts who can help your business emerge from bankruptcy and insolvency. Our dedicated staff advises companies and performs valuation services in conformity with the procedures established in SFAS 141.
BIA/Kelsey's qualified professionals offer the dedication and responsiveness companies need to emerge from Chapter 11 bankruptcy. With more than 5,000 client engagements for companies ranging from Fortune 500 to small and midsize start-ups, our experts possess the most comprehensive knowledge of the full media landscape available in the industry.
Engage BIA/Kelsey today with your business questions, and let's explore together how we can meet your fresh start accounting and reporting needs. Contact us today at (703) 818-2425 or e-mail our Fresh Start and Bankruptcy Team at info@bia.com.
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