Essential Skills: Insolvency
Preparing financial information
The ability to produce reliable financial data efficiently is an essential skill for insolvency professionals, as the practitioner will use the information to make important decisions during the administration and for reporting purposes.
This course provides insight into valuable types of financial information for insolvency appointments, the role this financial information plays, and practical guidance on how financial information can be prepared.
Learning objectives
At the end of this course, you will be able to:
- Understand the importance of forecasts when trading on in an insolvency and the key principles of building forecasts.
- Explain the fundamentals of sensitivity analysis for forecasts.
- Identify the key statements that can be used to monitor appointment and trading performance.
- Recognise best practice disclosure and formatting requirements for non-statutory receipts and payments.
- Understand the differences between an estimated trading position statement and a trading statement and be able to prepare these statements.
- Identify the key elements and construct an estimated outcome statement.
Course delivery
On-demand via ARITA Learning Centre
Cost
Individuals
$150 (GST incl.) for ARITA members and subscribers / Government
$250 (GST incl.) for non-members
Licensing packages
Flexible packages are available to suit firms of all sizes. You can purchase the entire suite of courses or specific subject areas. More information
CPE
Up to 1.2 verifiable CPE hours.
Prerequisites
We recommend you complete the Introduction to Insolvency Program or have one year of on-the-job experience prior to registering for this course.
Questions?
Contact our education team.
Please see our enrolment and cancellation policy .
See our full range of on-demand courses or find out more about our Essential Skills courses.