17 januari 2017
This paper provides an overview of accountants’ and auditors’ current contribution to insolvency proceedings in Europe based on the experience of our 50 Member Bodies. This is in support of the proposed EC Directive for an effective insolvency framework which signalled the role of insolvency practitioners, including the accountancy profession. Preventing insolvency or granting second chances to “honest” entrepreneurs who do not make it the first time around improves the business environment and stimulates growth and jobs.