Restructuring report in accordance with IDW S6
at a glance
Initial Situation
In the event of imminent insolvency, covenant breaches, or financing requirements, an IDW S6 report is required.
Our Approach
We analyze the causes of the crisis, the viability of restructuring, and the prognosis for continuation, and develop a mission statement and a program of measures with integrated planning.
Your Benefit
- Legally compliant basis for credit decisions
- Quantified impact of measures & financing requirements
- High level of acceptance among banks & shareholders
in Detail
Initial Situation
A restructuring report in accordance with IDW S6 is required when a company must formally demonstrate its ability to restructure. This is often triggered by imminent insolvency, risks of over-indebtedness, covenant breaches, or structural earnings problems. Banks and shareholders then expect a standardized concept as a basis for financing and continuation.
What is a restructuring report in accordance with IDW S6?
A restructuring report in accordance with IDW S6 is a comprehensive restructuring concept based on recognized professional standards. It analyzes the causes and stage of the crisis, assesses the company's ability to continue as a going concern, defines a mission statement and a program of measures, and underpins everything with integrated corporate planning. It is the standard frame of reference used by the banking industry.
Objective, Significance, and Purpose of a Restructuring Report in Accordance with IDW S6
The objective of the IDW S6 report is to provide reliable evidence that the company can be sustained in the long term through specific measures. It reduces liability risks, quantifies financing requirements and the effects of measures, and provides a legally secure basis for loan extensions, new capital, and the implementation of the turnaround.
Support from Horn & Company
Horn & Company prepares IDW S6 reports that are practical, verifiable, and implementation-oriented. We combine operational restructuring, strategic realignment, and integrated planning, test scenarios, and develop a clear stakeholder story. This enables us to increase the acceptance, speed, and effectiveness of the restructuring program.
