Business Recovery

Company Doctor
A company doctor is a seasoned businessperson or accountant with extensive commercial experience, specializing in analyzing and rectifying issues within struggling companies. They offer both advisory and executive solutions to turn around the business.
Company Voluntary Arrangement (CVA)
A Company Voluntary Arrangement (CVA) is a legally-binding arrangement between a company and its creditors to restructure debt. This process helps businesses avoid bankruptcy by agreeing to pay back a portion of what they owe over a fixed period.
Company Voluntary Arrangement (CVA)
A Company Voluntary Arrangement (CVA) is a legally binding agreement between a company and its creditors to restructure debt and avoid liquidation.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.