IDW S 6 is a standard defined by the Institute of Public Auditors in Germany (IDW), which nowadays is recognized generally and in particular by financiers as a sale for restructuring audits.
A restructuring audit must clearly demonstrate to financing partners if a company is a going concern and competitive, and if it is capable of achieving sustainable returns on investment. A restructuring audit thus generates trust for the continuation of financing commitments, and for the granting of loans in a crisis situation. A company in crisis is very unlikely to receive a financing commitment without a restructuring audit from an independent Certified Public Accountant.
The experienced restructuring experts at RSM are pleased to support you with various alternative solutions, such as…
You create trust and transparency and form the basis for the continuation of a loan commitment (assessment basis for obtaining new loans). Furthermore, you therefore create the starting point for settlement negotiations.