Most Independent Business Reviews are completed within two to six weeks, depending on the size of the company, the availability of financial information, and the complexity of the issues involved. Banks typically want IBRs completed quickly so they can make informed decisions about their exposure. The key factor affecting speed is how promptly the company can provide the necessary documentation — management accounts, forecasts, debtor and creditor listings, loan agreements, and recent bank statements. A well-prepared company working constructively with the reviewer can significantly shorten the process. Delays usually arise from incomplete records or unresolved accounting issues.
