Traditional tests of solvency remain unchanged, but a much more comprehensive approach is required. The fast changing financial crisis means there is no legacy answer as to when a firm is solvent. Some of the determinants have changed. As we assess the solvency of our clients in 2009, we face these new challenges through research, innovation, and conventional solvency tests.
In this article, we summarize each of the solvency tests and discuss some of the factors that make them more challenging in today’s economic climate.
Lori Lightfoot recognized by Crain’s Chicago Business’ ‘New Faces in New Places’
In an exclusive spotlight interview, she outlines her strategic plans to connect C-suite leaders with top forensic resources, emphasizing the importance of...