PKF Attest launches compliance service for corporate insolvency
Professional services firm PKF Attest has introduced a new advisory and technical consulting service aimed at mitigating business liability in potential insolvency situations. This service is designed for company executives and high-level management, addressing the proactive measures required by the new European directive to prevent insolvency cases.
The initiative has already completed a pilot phase with participation from Sherpa Capital. Jorge Fernández, investment partner at Sherpa Capital, remarked, “Implementing action protocols in this area enhances our operational improvement strategy for our portfolio companies.”
PKF Attest’s service includes four stages: an initial economic and financial situation analysis, a risk mapping phase, the development of a protocol for social administrators and high-level executives, and ongoing updates aligned with the company’s evolution. The service is applicable across all sectors and company sizes.
Itsaso Santos, partner in restructuring and insolvency at PKF Attest, emphasized the importance of early risk identification and the implementation of proactive measures. “We propose a protective protocol focused on analysis, detection, and the establishment of diligent conduct that cannot later be censured,” she stated.
