How can restructuring help companies in distress?

The pandemic testing time has made businesses think outside the box and develop survival strategies. The amount of effort required differs from company to company. What’s suitable for your business? Read through.

Family-Owned Businesses

Family-owned businesses are the oldest form of business that started initially with farms raised by a single family. This business structure grew further into the urban society, where the family carries ownership of the business from one generation to another.

IFRS 9 – The Expected Credit Loss Method

In Numerology, Number 9 is known as the number of Universal Love, though in the International Financial Reporting Standards, IFRS 9 ‘Financial Instruments’ was certainly not welcomed with much love. After the financial crisis of 2007 and 2008, the accounting standard bodies were blamed for not adequately catering the impairment provisions of financial assets. The... Continue Reading →

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