12 Stage Financial Recovery Process

GFOA's 12-Stage Financial Recovery Process: Recovery from Financial Distress and Fiscal First Aid

 
The Government Finance Officers Association is pleased to provide, “Recovery from Financial Distress and Fiscal First Aid,” a resource for dealing with challenging times.Use the following diagram to navigate through the different stages of the financial recovery process. Click here to access a brief overview of the process before beginning.

Stage 1Stage 2Stage 3Stage 4Stage 5Stage 6Stage 7Stage 8Stage 9Stage 10Stage 11Stage 12

When Recovery Fails