Advanced Restructuring and Turnaround is an elective subject in ARITA’s Advanced Certification.

This subject covers all operational aspects of restructuring and turnaround, enabling students to develop skills applicable to restructuring assignments both within and outside a formal insolvency appointment.

This subject will not meet the specialist insolvency education requirements to become a registered liquidator or registered trustee. You will need to complete Advanced Insolvency.

The subject is offered in the second half of each year (session 2).


You must satisfy at least one of the below prerequisites to enrol in this subject:

  1. Fundamentals of Restructuring, Insolvency and Turnaround

  2. If you’ve completed the Insolvency Education Program (IEP) you will be deemed to have passed Fundamentals of Restructuring, Insolvency and Turnaround. There is no time limit for recognition of prior completion of the IEP if you can show continuing professional development in insolvency, restructuring or turnaround in the intervening period. 

  3. If you’ve obtained ARITA professional membership without completing the IEP and remain as a Professional Member, you are deemed to have fulfilled the prerequisites for this subject. Any deemed satisfaction of pre-requisite requirements by ARITA is not binding on UTS in respect of any further studies.


  • Identifying a viable candidate
  • Assessing the potential for turnaround
  • Getting the right management team and accurate financial information
  • Financing options
  • Stakeholder analysis
  • Developing and implementing the plan
  • Refocusing the business
  • Process improvement
  • Implementing the longer-term business plan


  • Case study (online)
    • Initial client advice letter
    • Research paper
    • Group strategy document
    • Individual presentation of group strategy


2020: $3,624.50 (incl. GST)

You must be an ARITA Student, Graduate or Professional Member to enrol for this subject. If you are based overseas, please contact about your subscription/membership. Read more about the Student subscription. Read more about how to join ARITA.

Time commitment

You should allow 10-12 hours per week to complete the course requirements. This subject runs for 12 weeks plus a one-week mid-session break.


1 CPE hour for every hour spent on the course.

2020 Key dates and course outline

 Enrolments open    4 May 2020
 Enrolment closes    24 July 2020
 Subject begins    3 August 2020
 UTS Assessment task 1: initial client advice letter  2 September 2020
 Mid-session break    14-20 September 2020
 UTS Assessment task 2: research paper
 7 October 2020
 UTS Assessment task 3: group case study strategy document
 6 November 2020
 UTS Assessment task 4: individual presentation of group case study strategy    9 - 13 November 2020 
 Subject ends    13  November 2020


Download the 2020 course outline.

Enrolments for session 2, 2021 open May 2021.