"You do not need to close your company anyway,it is supposed to be a going concern". Financial distress has been a major concern in many business entities. The existence of the true measurements and determination as well as predictors of the financial constrains has also been a menace for most financial managers in most organizations.There has been no clear financial parameters that can be used to alert managers as well as the directors on the financial distress that has led to the closure of many companies.Therefore, this book provides a model that can help company managers and other professionals predict and deal with issues of insolvency and bankrupcy