Turnaround
Independent Business Review (IBR) and plan plausibility check: a clear basis for investment and credit decisions
An Independent Business Review (IBR) provides an objective assessment of a company's economic situation and evaluates the viability of planned measures. The plausibility check ensures that business and financing plans are realistic, comprehensible and feasible. These analyses create transparency for companies, banks and investors, minimize risks and strengthen the trust of all parties involved. This creates a reliable basis for financing decisions, restructuring and strategic realignment.
Creating transparency - strengthening trust.
In economically challenging situations, companies, banks and investors need a reliable basis for their decisions. An IBR provides an independent analysis of the current economic situation in order to realistically assess risks and opportunities. In addition, the plan plausibility check ensures that business and financial plans are sound and feasible.
What is an Independent Business Review (IBR)?
An IBR is an independent investigation that provides companies and their stakeholders with a clear view of the financial and operational situation. The aim is to realistically assess risks and opportunities and create a reliable basis for decision-making.
An IBR is often required in the following situations:
- For risk assessment for banks and investors before new financing is granted or existing loans are restructured.
- In the event of corporate crises, to gain clarity about the ability to restructure.
- As a basis for strategic realignment and operational optimization measures.
Plan plausibility check: Realistic forecasts for reliable decisions.
A key component of an IBR is the plan plausibility check. This involves an independent review of the company's existing business and financial plans.
Key issues in plan plausibility checks:
- Are the sales and earnings forecasts realistic and comprehensible?
- Are the plans in line with market and competitive conditions?
- Are assumptions about costs, margins and investments reliable?
- How robust are the financing structures and liquidity reserves?
A thorough plausibility check of the plan creates certainty for banks, investors and management and ensures that financial and operational measures are based on a solid foundation.
Core components of an IBR.
- Analysis of the economic situation
Analysis of the financial situation, causes of the crisis and business development. - Evaluation of business model and market environment
Analysis of the competitive position, market potential and strategic options for action. - Plausibility check of financial planning
Review of sales, cost and liquidity forecasts as well as the sustainability of the financing structure. - Identification of options for action
Derivation of specific measures to stabilize and optimize the company. - Preparation of an independent report
Documentation of the results as a reliable basis for decision-making for all stakeholders.
Why wibas?
Our experience shows that an IBR must not only be well-founded, but also pragmatic and practicable. We do not deliver abstract expert opinions, but clear, action-oriented recommendations.
Our quality promise.
- Independence and objectivity
High level of acceptance among banks, investors and companies. - Cross-industry expertise
In-depth know-how in financial, business model and market analyses. - Holistic approach
Linking financial, operational and strategic perspectives. - Focus on feasibility
Not an end in itself, but clear recommendations for action with real added value.
Whether for financing partners or management - an IBR and a plan plausibility check are crucial tools for making well-founded decisions in uncertain times.
Let's talk - together we will develop a reliable basis for decision-making.
IBR and plan plausibility check
An Independent Business Review (IBR) provides an objective assessment of a company's economic situation and evaluates the viability of planned measures.
Preventive restructuring (StaRUG)
Preventive restructuring in accordance with StaRUG gives companies the opportunity to restructure themselves outside of insolvency proceedings, restructure liabilities and create viable prospects for the future. Our approach combines legal security with economic foresight to get companies back on track at an early stage through targeted measures.
IDW S6 turnaround report
When a turnaround report in accordance with IDW S6 is required, far-reaching decisions have to be made: Is the company still capable of being restructured? Are there realistic prospects for the future? The expert opinion creates transparency for banks, investors and management by combining both economic rationality and legal requirements. Our practical approach not only provides a reliable analysis, but also a viable turnaround concept - fast, well-founded and implementation-oriented.
Valuation according to IDW S11
Before a turnaround report in accordance with IDW S6 can be prepared, it must first be checked whether the company is (at risk of) insolvent or overindebted. The valuation in accordance with IDW S11 provides precisely this basis for decision-making and creates transparency regarding the economic situation and restructuring capability of a company.
Your contact person:
Malte Foegen
