Said to be the fastest growing area of accounting, Forensic Accounting is the practice of utlising accounting, auditing and investigative skills to assist in legal matters. Grant Thornton can assist in this area and we have experts specialising in litigation support, fraud investigations, and dispute resolution.
A Voluntary Administration is a formal administration process providing companies with an opportunity to trade out of difficulty. Our experienced staff will consider a variety of options for restructuring the Company's affairs via a formal deed of company arrangement.
Investigating Accountant's (IA) Report
In many instances, we have worked with banks and secured lenders to formulate a work out solution via an IA review and thereby avoid the need for a formal appointment.
Creditors Voluntary Liquidation
In some cases, particularly where a business has ceased to trade and cannot meet its outstanding debts, a Creditors Voluntary Liquidation (CVL) is a simple and cost effective means of liquidating a Company.
Members Voluntary Liquidation
Grant Thornton can also assist with a voluntary liquidation by members where the Company is solvent. Our experienced staff with expertise in corporate structures and taxation can ensure a positive outcome for the Company and your client.
When applying to the Court to place a company in Liquidation we are qualified to consent to such appointments with the Court. This allows us to liaise closely with you during the course of the administration so you and your client can be made aware of any key developments.
At Grant Thornton, we have assisted dozens of businesses with restructuring advice aimed at turning around a Company without the need for a formal insolvency appointment.
Where an informal work out solution is not possible, we are qualified to act on behalf of a secured creditor in seeking to recover their debt via a formal receivership.