Turnaround Strategy

Reorganization
Reorganization refers to the financial and structural overhaul of a company to restore profitability and operational efficiency. It commonly occurs in both legal and managerial contexts and can involve financial restructuring, changes in lines of authority, and adjustments to organization charts.

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.