Restructuring Update - issue Q1/2026

Rising financing costs are putting a strain on businesses, tax planning errors are jeopardising liquidity – and the new IDW S 16 standard is tightening the requirements for forward-looking management. What steps are now essential to ensure the ability to act? The Restructuring Update Q1/2026 provides the answers.

An overview of our key areas

IDW S 16 sets out for the first time the practical details of early crisis detection and management

The new standard brings together established obligations within a structured framework. We explain how organisations can systematically identify and assess risks and develop countermeasures – and how the standard supports the management of developments that threaten their continued existence.
The hospitality industry under cost pressure: strategic decisions are needed

The German hospitality industry is facing challenges posed by high energy and labour costs, fierce competition and shifting demand. We examine the strategic decisions that need to be made now – from price optimisation and partnerships to portfolio adjustments.
Integrated planning: loss carry-forwards as a stumbling block

Loss carry-forwards are often incorrectly factored into financial planning – with significant implications for tax liability, financing and covenants. We explain how companies can correctly factor in loss carry-forwards, when it makes sense to use flat-rate figures, and what impact this has on tax payments, cash flows and debt servicing capacity.
Restructuring management as a key success factor

Restructuring management provides the basis for sound decision-making – from analysing the current situation to prioritising specific measures. We demonstrate how integrated planning, scenarios and realistic action plans help to secure liquidity and effectively manage turnaround processes.