On 1st September2021, new regulations will take full effect that introduce the concept of early diagnosis to detect potential situations of companies in distress, with the aim of safeguarding them as going concerns.
By that date, your company will have to change. From an organisational, administrative and accounting standpoint, you will have to find a way to monitor business continuity using specific indicators so that potential signs of a crisis can be detected promptly.
Business owners, executives and accountants will have an obligation to monitor the health of their businesses, and in some cases will be required to report pre-crisis status to designated units.