{"id":5890,"date":"2022-06-20T18:10:42","date_gmt":"2022-06-20T16:10:42","guid":{"rendered":"https:\/\/www.consultingcheck.com\/topics\/going-concern-forecast-in-accordance-with-idw-s9\/5890"},"modified":"2022-11-09T10:07:35","modified_gmt":"2022-11-09T09:07:35","slug":"going-concern-forecast-in-accordance-with-idw-s9","status":"publish","type":"jask_topic","link":"https:\/\/www.consultingcheck.com\/en\/topics\/going-concern-forecast-in-accordance-with-idw-s9\/5890\/","title":{"rendered":"Going Concern Forecast in Accordance with IDW S9"},"content":{"rendered":"\n

However, if you are already close to insolvency, it is advisable for you to obtain a certificate confirming that your company is not (yet) in insolvency, but only in imminent insolvency. As a reference, in Germany, such a certificate should be edited in accordance with IDW S9. There may even currently be a payment stoppage, but this must be clearly resolvable within a short period (in Germany: max. 3 weeks). The certificate must also show that restructuring the company is not an obviously hopeless venture. For this purpose, a suitable rough concept must be attached, which, however, must go into much less depth than a restructuring concept. In Germany, a restructuring concept in accordance with IDW S6<\/a> is required. Finally, the shareholders must certify in writing that they are willing to restructure their company.<\/p>\n\n\n\n

Such a certificate gives the management the security of being free from liability for delaying insolvency and buys time to take further steps.<\/p>\n\n\n\n

But expect the preparation of such certificates (in accordance with IDW S9) to take time: Depending on the size of the company and the complexity of its structures and business, estimate about 2-3 weeks. If your liquidity development does not allow this time, you can save this certificate and the costs, which are usually and understandably settled in advance. Besides, such a certificate is only a snapshot. It does not absolve you from liability for the future. <\/p>\n\n\n\n

However, such a certificate may enable you to enter into protective shield proceedings<\/a>, which may have certain advantages over a possibly otherwise pending regular insolvency<\/a>. However, the certificate may not be older than one week at the time of application for protective shield proceedings.<\/p>\n\n\n\n

Finally, there is the possibility of proving the existence of reasons for opening insolvency proceedings in accordance (in Germany such a certificate should fulfill the requirements of the standard IDW S11<\/a>.<\/p>\n\n\n\n

In each country, the local regulations should be applied.<\/p>\n","protected":false},"featured_media":0,"parent":5885,"menu_order":35100,"template":"","meta":{"_links_to":"","_links_to_target":""},"jask_topic_categories":[1009],"class_list":["post-5890","jask_topic","type-jask_topic","status-publish","hentry","jask_topic_categories-fortfuehrungsprognose-nach-idw-s9-en"],"yoast_head":"\nThe going concern forecast according to IDW S9- consultingcheck<\/title>\n<meta name=\"description\" content=\"Are you on the verge of insolvency? Then only a certificate according to IDW S9 will help. We explain more about it to you!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.consultingcheck.com\/en\/topics\/going-concern-forecast-in-accordance-with-idw-s9\/5890\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Concern forecast according to IDW S9\" \/>\n<meta property=\"og:description\" content=\"Support when you're on the verge of insolvency.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.consultingcheck.com\/en\/topics\/going-concern-forecast-in-accordance-with-idw-s9\/5890\/\" \/>\n<meta property=\"og:site_name\" content=\"consultingcheck\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-09T09:07:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.consultingcheck.com\/wp-content\/uploads\/2022\/09\/og_en_1200x630.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Concern forecast according to IDW S9\" \/>\n<meta name=\"twitter:description\" content=\"Support when you're on the verge of insolvency.\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.consultingcheck.com\/wp-content\/uploads\/2022\/09\/og_en_1200x630.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/topics\\\/going-concern-forecast-in-accordance-with-idw-s9\\\/5890\\\/\",\"url\":\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/topics\\\/going-concern-forecast-in-accordance-with-idw-s9\\\/5890\\\/\",\"name\":\"The going concern forecast according to IDW S9- consultingcheck\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/#website\"},\"datePublished\":\"2022-06-20T16:10:42+00:00\",\"dateModified\":\"2022-11-09T09:07:35+00:00\",\"description\":\"Are you on the verge of insolvency? Then only a certificate according to IDW S9 will help. We explain more about it to you!\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/topics\\\/going-concern-forecast-in-accordance-with-idw-s9\\\/5890\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/topics\\\/going-concern-forecast-in-accordance-with-idw-s9\\\/5890\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/topics\\\/going-concern-forecast-in-accordance-with-idw-s9\\\/5890\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Startseite\",\"item\":\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Themen\",\"item\":\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/topic\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Crisis & rehabilitation: Master every economic challenge\",\"item\":\"\\\/en\\\/topics\\\/crisis-and-restructuring\\\/5878\\\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Turnaround management to overcome crisis\",\"item\":\"\\\/en\\\/topics\\\/turnaround-management\\\/5884\\\/\"},{\"@type\":\"ListItem\",\"position\":5,\"name\":\"Tailor-Made Restructuring Concepts\",\"item\":\"\\\/en\\\/topics\\\/tailor-made-restructuring-concepts\\\/5885\\\/\"},{\"@type\":\"ListItem\",\"position\":6,\"name\":\"Going Concern Forecast in Accordance with IDW S9\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/\",\"name\":\"consultingcheck\",\"description\":\"Vernetzt gedacht. Entzaubert. Hands-on.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.consultingcheck.com\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"The going concern forecast according to IDW S9- consultingcheck","description":"Are you on the verge of insolvency? Then only a certificate according to IDW S9 will help. We explain more about it to you!","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.consultingcheck.com\/en\/topics\/going-concern-forecast-in-accordance-with-idw-s9\/5890\/","og_locale":"en_US","og_type":"article","og_title":"Concern forecast according to IDW S9","og_description":"Support when you're on the verge of insolvency.","og_url":"https:\/\/www.consultingcheck.com\/en\/topics\/going-concern-forecast-in-accordance-with-idw-s9\/5890\/","og_site_name":"consultingcheck","article_modified_time":"2022-11-09T09:07:35+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/www.consultingcheck.com\/wp-content\/uploads\/2022\/09\/og_en_1200x630.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_title":"Concern forecast according to IDW S9","twitter_description":"Support when you're on the verge of insolvency.","twitter_image":"https:\/\/www.consultingcheck.com\/wp-content\/uploads\/2022\/09\/og_en_1200x630.jpg","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.consultingcheck.com\/en\/topics\/going-concern-forecast-in-accordance-with-idw-s9\/5890\/","url":"https:\/\/www.consultingcheck.com\/en\/topics\/going-concern-forecast-in-accordance-with-idw-s9\/5890\/","name":"The going concern forecast according to IDW S9- consultingcheck","isPartOf":{"@id":"https:\/\/www.consultingcheck.com\/en\/#website"},"datePublished":"2022-06-20T16:10:42+00:00","dateModified":"2022-11-09T09:07:35+00:00","description":"Are you on the verge of insolvency? Then only a certificate according to IDW S9 will help. We explain more about it to you!","breadcrumb":{"@id":"https:\/\/www.consultingcheck.com\/en\/topics\/going-concern-forecast-in-accordance-with-idw-s9\/5890\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.consultingcheck.com\/en\/topics\/going-concern-forecast-in-accordance-with-idw-s9\/5890\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.consultingcheck.com\/en\/topics\/going-concern-forecast-in-accordance-with-idw-s9\/5890\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Startseite","item":"https:\/\/www.consultingcheck.com\/en\/"},{"@type":"ListItem","position":2,"name":"Themen","item":"https:\/\/www.consultingcheck.com\/en\/topic\/"},{"@type":"ListItem","position":3,"name":"Crisis & rehabilitation: Master every economic challenge","item":"\/en\/topics\/crisis-and-restructuring\/5878\/"},{"@type":"ListItem","position":4,"name":"Turnaround management to overcome crisis","item":"\/en\/topics\/turnaround-management\/5884\/"},{"@type":"ListItem","position":5,"name":"Tailor-Made Restructuring Concepts","item":"\/en\/topics\/tailor-made-restructuring-concepts\/5885\/"},{"@type":"ListItem","position":6,"name":"Going Concern Forecast in Accordance with IDW S9"}]},{"@type":"WebSite","@id":"https:\/\/www.consultingcheck.com\/en\/#website","url":"https:\/\/www.consultingcheck.com\/en\/","name":"consultingcheck","description":"Vernetzt gedacht. Entzaubert. Hands-on.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.consultingcheck.com\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.consultingcheck.com\/en\/wp-json\/wp\/v2\/jask_topic\/5890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.consultingcheck.com\/en\/wp-json\/wp\/v2\/jask_topic"}],"about":[{"href":"https:\/\/www.consultingcheck.com\/en\/wp-json\/wp\/v2\/types\/jask_topic"}],"version-history":[{"count":2,"href":"https:\/\/www.consultingcheck.com\/en\/wp-json\/wp\/v2\/jask_topic\/5890\/revisions"}],"predecessor-version":[{"id":6714,"href":"https:\/\/www.consultingcheck.com\/en\/wp-json\/wp\/v2\/jask_topic\/5890\/revisions\/6714"}],"up":[{"embeddable":true,"href":"https:\/\/www.consultingcheck.com\/en\/wp-json\/wp\/v2\/jask_topic\/5885"}],"wp:attachment":[{"href":"https:\/\/www.consultingcheck.com\/en\/wp-json\/wp\/v2\/media?parent=5890"}],"wp:term":[{"taxonomy":"jask_topic_categories","embeddable":true,"href":"https:\/\/www.consultingcheck.com\/en\/wp-json\/wp\/v2\/jask_topic_categories?post=5890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}