Accountants and financial managers are often the first professionals to realize that a financial problem exists within a corporation but must be familiar with the various alternatives available before they can offer solutions. Completely updated, Bankruptcy and Insolvency Accounting , Seventh Edition, Two-Volume Set provides easy-to-follow, real-life examples with coverage of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005, and updated legislation and practice changes due to Sarbanes-Oxley. The process of corporate restructuring is thoroughly described for controllers, CEOs, CFOs and CPAs with small businesses as clients.