Events & Turnarounds
Leaders must manage change. It comes with the territory.
From new regulations to fraud to potential bankruptcy, critical events require a quick and effective response, often beyond the capabilities of the Finance organization.
Deloitte’s Events and Turnarounds Solution Set helps leaders protect and steer their organizations to emerge more effective and resilient.
What Finance capabilities does this solution set help to enhance?
Detect and analyze potential fraud and establish stopgaps. Review anti-fraud policies. Map out initiatives to
implement leading risk management practices. Establish processes to improve risk management, including
monitoring and prevention.
Identify ways to quickly increase cash. Define action plans and roadmaps to meet short- and
Bankruptcy process and administrative services
Create and implement turnaround plans, including Chapter 11 preparation and emergence planning if
needed. Establish processes for future monitoring and prevention.
Analyze impact of potential regulations. Review technical accounting requirements and develop implementation plans.Remediation Facilitate discussions with third parties to address issues. Plan, review, and undertake remediation.
Tax asset preservation and utilization
Analyze net operating losses, credit carryforwards, and other valuable tax assets. Identify future transactions to potentially use these assets
Evaluate potential strategies—such as sale, merger, or bankruptcy—through financial modeling and business planning.
Leadership and stakeholder alignment
Align leadership in a common future vision and transformation strategy. Assess alignment and commitment
across the organization.
Effectively manage outsourcing initiatives related to tax compliance activities and accounting.
Workforce transition and talent strategy
Develop and implement Finance workforce transition and change management plans to maintain business continuity. Prepare employees to effectively work in the new environment by delivering information, tools, and training.
Identify changes required to assist/enhance Finance processes and systems.
Prepare for potential litigation related to topics including valuation, accounting, invoicing, and damage calculations.