“Rescue Me, Accountant” – How to Save Clients from Themselves (and Liquidation)

Many businesses wait too long before taking action, slipping from distress into collapse while their advisors focus on compliance rather than strategy. Business rescue offers a structured legal process that can protect jobs, preserve value, and improve returns to creditors—if implemented early. Accountants play a critical role throughout, from identifying distress and compiling updated financials to supporting the development and implementation of the rescue plan. This is not theoretical knowledge; it’s practical, applied work that positions accountants as strategic partners in business continuity.