Meeting the challenges of a complex Chapter 11 proceeding
A partner to team with the Client’s CFO team on corporate internal control remediation issues
Preparation of Trustee reports and SEC filings including FAS 123
Claims reconciliation, analysis and negotiations resolving liability claims
Support for Purchase Accounting and adoption of new FASB reporting requirements
Review of Liabilities Subject to Compromise
Integration of acquired foreign subsidiary
Interim Controllership Support
A team to support the Client’s CFO team including project management and senior subject matter experts to address internal controls, and Trustee and SEC reporting
Client key employee attrition was offset by our SEC reporting team
Assure continuity of staff so client could complete its Bankruptcy and SEC reporting needs while achieving its internal control (SOX) remediation objectives
Prepared the Monthly Operating Reports for the Bankruptcy Court, 10-Q and 10-K filings and monthly status reports to Client lenders.
Provide key team members for Client’s claims reconciliation team and performed in-depth analysis of trade and tax claims, handling the subsequent negotiations to resolve liability issues
Our clients was enabled to successfully meet their objectives and remediate the critical internal control weaknesses, meet its Trustee and SEC reporting deadlines and has emerged from bankruptcy protection.