Essential Skills: Insolvency

Finalisation processes

Completing an administration in a timely and efficient manner, while complying with all statutory obligations, is an essential skill for all insolvency professionals.

This course provides information and guidance to help you understand the finalisation processes for different insolvency appointments, including new small business restructuring, transitioning and parallel appointments, being replaced as appointee and dealing with books and records.

Learning objectives

At the end of this course you will be able to:

• Review the steps necessary to ensure all activities undertaken during the administration have been concluded.
• Identify the statutory obligations and clearances that need to be completed and obtained prior to finalisation.
• Work through the statutory finalisation processes, including lodgements with ASIC.
• Assess procedures that may be applicable in your office to deal with closed matters.
• Manage the retention and destruction requirements for books and records.
• Comply with the requirements around transitioning appointments, particularly for remuneration and books and records.

Who should attend?

• Junior insolvency practitioners who want to build their knowledge of insolvency.
• Senior insolvency practitioners who want to expand or refresh their knowledge of this topic.
• Lawyers who want to understand this area of insolvency.

Prerequisites

We recommend you complete the Introduction to Insolvency Program, or have one year of on-the-job experience prior to attending this course.

CPE

TBC - maximum of 2 CPE verifiable hours. 

Please see our enrolment and cancellation policy. For further information contact our education team.