A contribution published in Bilancio, vigilanza e controlli no. 5/2026 examines the timing for the approval of financial statements in distressed companies, focusing on the relationship between statutory deadlines, the going concern assumption and the quality of financial reporting. The analysis highlights that, in restructuring scenarios, a limited and properly justified postponement of the approval process may be consistent with the underlying purpose of financial statements, ensuring a true, fair and transparent representation of the company’s financial position.
Published in Bilancio, vigilanza e controlli no. 5/2026 by Euroconference.
