Membership Categories

There are several categories of ARITA members: 

Please return your completed application form to the Membership Manager by email.​

Membership entry requirements

Professional Member - Foundation Pathway

To become an ARITA Professional Member, you need to:

  • Be proposed and seconded for admission by two Professional or Life Members (must have known applicant for 1 year or longer);
  • Have paid all annual subscriptions due under the Constitution;
  • Have passed the ARITA Advanced Certification or previous Insolvency Education Program (IEP) ;
  • Has the benefit of PI insurance which, in the applicant's opinion is either adequate or required in relation to their profession;
  • Submits a detailed CV including relevant CPD from the last three years;
  • Be a member of good standing of at least one of the foundation bodies, i.e., CAANZ, CPA, IPA, ACCA etc (all IFAC recognised Associations) or Law Society or hold a practicing certificate;

and

  • Have worked for at least three of the preceding five years doing professional work with, and under the direct supervision of, a Professional Member who is carrying on in Australia, as a principal, the practice of a registered trustee, the practice of a company liquidator, or both such practices, or
  • Satisfied the National Committee that you have had sufficient relevant experience to justify your admission as a member, or
  • Have been a member of a Law Society or have held a practicing certificate for at least three years and have satisfied the National Committee that in three of the preceding five years you have worked on sufficient insolvency assignments and that you have sufficient relevant insolvency experience to justify your admission as a member.

For more detailed information relating to the Professional Member - Experience pathway application requirements please refer to Clause 2.2 of the ARITA Regulations.

ARITA Professional Members are required to complete 40 hours of Continual Professional Development (CPD) per financial year (January to December).

APPLICATION FORM

OR

Professional Member - Experience Pathway

To become an ARITA Professional Member, you need to:

  • Has at least the immediate 10 years of relevant experience in restructuring, turnaround or corporate renewal in Australia or overseas
  • Qualified in finance, accounting, commerce, business or law
  • Has the benefit of PI insurance which, in the applicant's opinion is either adequate or required in relation to their profession;
  • Has completed the restructuring and turnaround education program as prescribed by the Board or any approved alternative or substitute program that the Board endorses.
  • Submit an endorsement from the Chairman, CEO, Regional Leader (or equivalent) from the applicant's firm;
  • Two experience reference letters from Professional Members (not related) attesting to the experience of the applicant;
  • One character reference letter; 
  • Be proposed and seconded for admission by two Professional or Life Members (must have known applicant for 1 year or longer)
  • Submit a detailed CV including relevant CPD from the last three years
  • Have paid all annual subscriptions due under the Constitution

and

  • Satisfied the National Committee that you have had sufficient relevant experience to justify your admission as a member.

For more detailed information relating to the Professional Member - Experience pathway application requirements please refer to Clause 2.3 of the ARITA Regulations.

All ARITA Professional Members are required to complete 40 hours of Continual Professional Development (CPD) per financial year (January to December).

APPLICATION FORM

Life Member 

Life Members are appointed by the National Committee for an exceptional contribution to ARITA or the insolvency profession.

Life Members have all the privileges of a full member and are not required to pay annual subscriptions.

Fellow Member

Fellowship status recognises long, diligent and unblemished membership. Members can only be nominated for Fellow status by other Professional Members. 

To become a Fellow of ARITA, you need to:

  • Have held continuous Professional Membership for at least 10 years;
  • Be a Member in Good Standing;
  • Be a fit and proper person to be admitting to Fellow;
  • Have never been subjected to a suspension of ARITA Membership as a result of conduct or concern process; and 
  • Have contributed to the profession and ARITA
APPLICATION FORM

Associate Member 

Associate membership is open to those working in, or supplying, the restructuring, insolvency and turnaround sectors, except those who are working in insolvency practice or as a legal practitioner*.

Associate members are non-voting members but receive all other benefits of ARITA membership.

To become an Associate Member, you need to:

  • be proposed and seconded for admission by two Professional Members who know you personally (for 1 year or longer);
  • be working in a sector associated with restructuring, insolvency or turnaround activities;
  • be a person who, in the opinion of the Board, can make a contribution to the objectives and activities of ARITA;  and 
  • have your application recommended by the relevant Division Committee and approved by the Board.


* Please note: For any Associate members who were current as of 19 August 2013 (date of new Constitution, since superceded by 17 September 2015), are still eligible to remain Associate members of ARITA. Should you have any questions or need assistance please contact the Membership Manager via email or phone 02 8004 4344.

APPLICATION FORM

Lender & Investor Member

Membership of this category is open to those employed with banks and other financial institutions, private equity firms, venture capitalist and other institutional investors who are involved in turnaround, workouts and formal insolvency matters.

Lender & Investor members receive key benefits of membership, including the Australian Insolvency Journal as well as invitations to national and division conferences and seminars at member rates. 

To become a Lender & Investor member, you need to:

  • be proposed and seconded for admission by two Professional Members or Lender & Investor members who know you personally (but are not related to you, must have known you for 1 year or longer);
  • be undertaking professional work in lending or direct investment and are involved in turnaround, workouts or formal insolvency matters;
  • be a person who, in the opinion of the National Committee, can make a contribution to the objectives and activities of ARITA;  
  • be approved by the National Committee and:
  • have paid your first annual subscription

Other financiers are invited to participate in various lender technical programs. This is expected to increase knowledge and prevent insolvencies. ​

APPLICATION FORM

Academic Member

To become an Academic member of ARITA you need to:

  • work predominantly in a teaching or research capacity at a recognised academic institution in Australia or overseas, which is determined by the Board;
  • be proposed and seconded by two Academic or Professional Members of ARITA (must have known you for 1 year or longer); and
  • be a person who, in the opinion of the ARITA Board will make a contribution to the objective and activities of ARITA.

APPLICATION FORM

Graduate Member*

Graduate Membership is open to Student Members who have successfully completed the ARITA Advanced Certification or previous Insolvency Education Program (IEP).

Student members will automatically be upgraded to Graduate membership immediately upon completion of the Advanced Certification to Professional Member. 

To become a Graduate member you need to:

  • apply and agree to be bound by ARITA Constitution and Code of Professional Practice.
  • have successfully completed the Insolvency Education Program/Advanced Certification in the last 5 years

 *As of 7th May 2014, all graduates from the program are automatically upgraded from Student to Graduate member.

APPLICATION FORM

Student Member

Student membership provides access to the website, member discounts and ARITA publications. Enrolled Student membership is granted for the calendar year (Jan to Dec) or part thereof from the enrolment date.

Student membership can be continued after the initial year of membership up to a period of five years from the original join date (excluding those members who have already graduated from ARITA Advanced Certification who are automatically upgraded to graduate membership).

All student members need to join and agree to be bound by ARITA Constitution and Code of Professional Practice.

Non-enrolled Student membership is available for anyone interested or working in the industry that is currently studying (University, CAANZ, CPA, legal practising certificate, etc) or ineligible for any other membership category of ARITA. 

APPLY FOR STUDENT MEMBERSHIP