Companies may face financial difficulties for many reasons. Macro economic events, technological transformation, industry trends, and unexpected disruptive events can negatively impact current and projected cash flows. The specific activities a company plans to take, and the expected outcome, can impact the financial statements in current and future periods.
Read more21 January 2021
Turnaround and restructuring 2021 outlook
Bankruptcy activity is expected to be steady as the pandemic and recession persist.
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Bankruptcy activity is expected to be steady as the pandemic and recession persist.
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US PwC insights
22 September 2020
Impairments: What lessons learned from Q2 may mean for Q3
PwC shares observations on impairments triggered in Q2, and what it may mean for Q3 and year end.
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US Podcast
02 April 2020
COVID-19: Impairment valuation questions, answered
PwC partners discuss valuation concepts in the goodwill, intangible, and fixed asset impairment models as companies look to their March 31 reporting.
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US Podcast
27 March 2019 | Updated 14 April 2020
FAQ: Lessee accounting for right-of-use assets in operating leases
Wondering how to assess whether right-of-use assets in operating leases are impaired? Read here to find out.
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US In depth 2019-01
13 August 2018
Turnaround and restructuring services
Business cycles, economic cycles and industries as a whole fluctuate over time. Different circumstances can send industries into downturns and any entity can become susceptible to financial distress. It’s critical to identify potential signs of distress as early as possible in order to develop an appropriate response. Doing so helps management and the board respond to these cycles, oftentimes refocusing strategy to give the entity a better chance at stabilizing operations and preserving value.
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US PwC insights
PwC's COVID-19 CFO Pulse Survey
PwC’s Steven Fleming discusses how COVID-19’s economic and market impacts are disrupting corporate liquidity and how to plan now.
COVID-19: Accounting for goodwill and other impairments
PwC partners discuss the models for assessing, measuring, and recording nonfinancial asset impairments as companies look to their March 31 reporting.
Bankruptcy and restructuring year in review and 2020 outlook
Restructuring activity in 2019 remained subdued, as it has for the past 10 years following the fallout from the Great Recession. Activity was concentrated in a few active sectors, including energy and energy services, communications, pharma and life sciences (PLS) and retail. Last year was also characterized by many large and high-profile Chapter 11 filings. In fact, the eight largest companies that filed for Chapter 11 accounted for nearly $93 billion of aggregate liabilities, more than all of the companies in 2018 combined.
The FASB's goodwill accounting project: 5 things you need to know
What is the FASB considering in its goodwill and intangible asset accounting project? We discuss 5 things you need to know.
Valuation and business modeling
Deeply understanding your business and where it sits in the market is crucial to defining true value. Whether buying or selling a business or setting corporate strategy, you need a panoramic view of value creation and consumption patterns to reveal the best path for confident decisions.
