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2011 TMA Distressed Investing Conference January 26-28 Aria Resort Las Vegas, Nevada Turnaround Capital Forum and Cocktail Reception January 27 Register today at turnaround.org. Who Should Attend
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Turnaround management (TMA) is a process or set of steps taken to help a company going through financial distress or underperformance recover and become profitable again.
Companies that are experiencing financial distress or underperformance are typically required to file TMA.
TMA is typically filled out by the company's management team along with the help of financial and legal advisors.
The purpose of TMA is to help struggling companies overcome financial challenges and return to profitability.
Information such as the company's financial statements, turnaround plan, and projections for future performance must be reported on TMA.
The deadline to file TMA in 2023 may vary depending on the specific circumstances of the company.
The penalty for late filing of TMA may include monetary fines or legal consequences.
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