ARITA Advanced Certification FAQ
The following is a list of FAQs about the ARITA Advanced Certification:
1. What's the course structure?
2. What content is covered in each subject?
3. Who is ARITA partnering with to provide the ARITA Advanced Certification?
4. Can I undertake this course if I am not located in Sydney?
5. How much will it cost me to complete each subject?
6. What payment methods are available?
7. What will I receive at the end of the course?
8. When will Fundamentals of Restructuring, Insolvency and Turnaround commence?
9. When will Advanced Insolvency subject commence?
10. Can I enrol in the ARITA subjects without being an ARITA subscriber/member?
11. What are the general requirements to enrol in the Advanced Certification Program?
12. What is the enrolment process?
13. Can I start from Session 1 or 2?
14. How many hours per week will I have to commit to the course?
15. What will the assessment tasks be?
16. Will ARITA still run workshops?
17. Do I still do workshops if I am not located in a city where workshops are offered?
18. When I enrol, what information will I be provided with and how will I get it?
19. How many years do I have to finish the course?
20. What are the requirements for ARITA Professional Membership?
21. Can I apply for FEE-HELP loan scheme?
22. Can I apply for recognition of prior learning (RPL)?
23. How does the ARITA Advanced Certification compare to the IEP?
24. Do I get the same benefits as other UTS students?
25. Who do I contact if I have questions?
Questions and Answers
- What's the course structure?
The ARITA Advance Certification is made up of two subjects:
• Fundamentals of Restructuring, Insolvency and Turnaround (Session 1, in the first half of the year)
• Advanced Insolvency (Session 2, in the second half of the year)
All students are required to complete Fundamentals of Restructuring, Insolvency and Turnaround before undertaking the Advanced Insolvency subject.
You will achieve an Advanced Certificate in Insolvency on successful completion of the course. This certification will meet the specialist insolvency education requirements to become a registered liquidator or registered trustee.
Further details about each subject are available on the relevant subject page – Fundamentals of Restructuring, Insolvency and Turnaround, Advanced Insolvency.
- What content is covered in each subject?
Fundamentals of Restructuring, Insolvency and Turnaround
Provides the foundation for restructuring and insolvency professionals by establishing the importance of professional conduct, builds the skills to identify insolvency and establishes a solid understanding of Australia’s formal restructuring tools.
- The context of restructuring, turnaround and insolvency in Australia
- Introduction to the Personal Property Securities Act 2009 (Cth)
- Professional ethics
- Establishing solvency and insolvency
- Introduction to corporate recovery proceedings
- Voluntary administrations and deeds of company arrangement
- Small business restructuring
- Workouts and restructuring
- Introduction to cross-border insolvency
For further detailed information about Fundamentals of Restructuring, Insolvency and Turnaround.
Advanced Insolvency
Ensures a solid understanding of Australia’s formal insolvency regime for both corporates and individuals as well as building an understanding of the complicated issues of insolvency and trusts.
- The context of corporate and personal insolvency
- Liquidations, including the new streamlined liquidation process
- Bankruptcy, Personal Insolvency Agreements and Debt Agreements
- Receiverships
- Insolvency and trusts
- Who is ARITA partnering with to provide the ARITA Advanced Certification?
ARITA is partnering with the University of Technology Sydney (UTS) Faculty of Law to provide our post-graduate level distance education course.
- Can I undertake this course if I am not located in Sydney?
Yes. The course is structured as a distance education in order to ensure that it is accessible to all students, no matter where they are located. UTS is highly experienced in providing distance education learning.
ARITA supports this by providing our workshops face-to-face in Adelaide, Sydney, Melbourne, Brisbane and Perth as well as online live workshops for students outside of these cities.
- How much will it cost me to complete each subject?
To study any of the ARITA Advanced Certification subjects you must be a Student subscriber of ARITA.
If you are not already a Student subscriber, you will have the opportunity to apply for your subscription when you commence the enrolment process with ARITA.
In 2023, each subject costs $4,055.00 including GST. This fee is collected by the University when you complete your enrolment process online with UTS.
For details of how to enrol, please refer to the enrolment page.
- What payment methods are available?
Students will be able to pay ARITA for their Student subscription with Amex, Mastercard or Visa.
Students will be able to pay UTS their course fee with Amex, Mastercard, Visa or request an invoice.
- What will I receive at the end of the course?
You will achieve an ARITA Advanced Certificate in Restructuring, Insolvency and Turnaround on successful completion of the course.
- When will Fundamentals of Restructuring, Insolvency and Turnaround commence?
Enrolments open for Fundamentals of Restructuring, Insolvency and Turnaround early November and the subject commences late February.
- When will the Advanced Insolvency subject commence?
Enrolments for Advanced Insolvency will open in early May , with studies commencing late July.
Although successful completion of Fundamentals of Restructuring, Insolvency and Turnaround (“Fundamentals”) is a pre-requisite for undertaking the Advanced Insolvency subject, you are able to enrol prior to receiving your results. If you are not successful in passing Fundamentals, UTS will withdraw you from the course by the last week of July at the latest, and refund your enrolment fee, or you are able to withdraw yourself and receive a refund.
- Can I enrol in the ARITA subjects without being an ARITA subscriber/member?
No. ARITA Student subscription is required to eligible to enrol in any ARITA subjects being offered by UTS.
If you are not already a member, you will have to purchase the ARITA Student subscription prior to starting your enrolment. The Student subscription is paid to ARITA and is non-refundable.
The ARITA subjects are not open to other students of UTS to enrol in unless they become ARITA Students.
- What are the general requirements to enrol in the Advanced Certification Program?
ARITA recommends that students have three years’ experience in insolvency or restructuring and turnaround prior to commencing the ARITA Advanced Certification.
Students will benefit from having completed the Introduction to Insolvency Program (IIP) and Essential Skills series prior to commencing the ARITA Advanced Certification.
The ARITA Advanced Certification subjects are of a post-graduate study level and are expected to challenge students completing them.
- What is the enrolment process?
Refer to the enrolment page for full details of the enrolment process.
- Can I start from Session 1 or 2?
All students must commence the ARITA Advanced Certification with Fundamentals of Restructuring, Insolvency and Turnaround (“Fundamentals”) in Session 1 (first half of the year). Fundamentals is a prerequisite to the Advanced Insolvency subject offered in Session 2 (second half of the year) which builds on the content covered during Session 1.
- How many hours per week will I have to commit to the course?
This subject is provided via distance education and you are not required to physically attend UTS to complete any aspect of the university study or assessment tasks.
You will need to commit approximately 10-12 hours per week to complete the university component of the course, plus prepare and attend workshops. Each workshop runs for 1.5 to 2 hours and will take approximately 3 hours to prepare for.
ARITA's workshops are offered face-to-face in Adelaide, Sydney, Melbourne, Brisbane, and Perth. If you are not located in one of these cities, ARITA offers live online workshops . You select your workshop as part of the enrolment process.
- What will the assessment tasks be?
The assessment tasks for each subject will be:
Fundamentals of Restructuring, Insolvency and Turnaround:
University component
- Ethics case study (compulsory pass component)
- Problem-based assignment
- Take home exam (compulsory pass component)
ARITA workshops (2)
• Submitted written answers
• Participation in workshops
• Marked written answers (if workshop not attended)
Please note: you must pass both the UTS component and ARITA workshops to pass the subject.
Advanced Insolvency:
University component
- Problem-based assignment
- Take home exam (compulsory pass component)
ARITA workshops (3)
• Submitted written answers
• Participation in workshops
• Marked written answers (if workshop not attended)
Please note: you must pass both the UTS component and ARITA workshops to pass the subject.
- Are the ARITA workshops compulsory?
The ARITA workshops are compulsory. ARITA will run two workshops as part of Fundamentals of Restructuring, Insolvency and Turnaround and three workshops as part of Advanced Insolvency.
The content covered during the workshops will build on the content covered in the university component of the subject and will give students the opportunity to discuss practical issues with insolvency practitioners and lawyers. They also give students an opportunity to network with peers and industry leaders.
You will have the opportunity to register for your workshops when you commence your registration process with ARITA.
- Do I still do workshops if I am not located in a city where workshops are offered?
ARITA offers online workshops through an electronic classroom so that all students can obtain the benefits of attending workshops.
- When I enrol, what information will I be provided with and how will I get it?
By the date the subject commences, UTS will provide you with access to UTSOnline - the web-based tool used at UTS to provide online learning to students. UTSOnline will provide you with online access to subject content, online discussions, journals, announcements, email, virtual chat, quiz and survey tools, files, web links, group areas, assignments, webinars, grading and feedback.
ARITA will provide you with your workshop information and materials that you need
to prepare for your workshops as the subject begins.
Any questions about workshops should be directed to ARITA at [email protected].
Any questions regarding the UTS subject, assessment and access to UTSOnline should be directed to the UTS Faculty of Law Short Course Office (email) [email protected]. (phone) 02 9514 3071.
- How many years do I have to finish the course?
You have to complete the two subjects of the ARITA Advanced Certification within two years.
- What are the requirements for ARITA Professional Membership?
A pathway to ARITA Professional Membership requires completion of the ARITA Advanced Certification.
There are also experience and other requirements in order to be eligible for ARITA membership. Full information about ARITA membership can be obtained from the Membership section of the website.
ARITA will continue to recognise studies completed under the IEP towards membership, where those studies were undertaken prior to the end of 2015. From 2016 onwards, studies will be required to be completed as part of the new ARITA Advanced Certification to be recognised for ARITA membership.
Completion of an insolvency course other than the ARITA Advanced Certification will not meet the requirements for membership of ARITA.
Please note: while completion of the ARITA Advanced
Certification is a pre-requisite for ARITA Professional Membership,
completion by itself does not guarantee you will be accepted as an ARITA
Professional Member at any time in the future.
- Can I apply for FEE-HELP loan scheme?
Not, not for the ARITA Advanced Certification subjects.
- Can I apply for recognition of prior learning (RPL)?
Recognition of prior learning (RPL) is not possible for this course as is has been specifically developed by ARITA in conjunction with UTS and it is the only education pathway to becoming an ARITA Professional Member.
- How does the ARITA Advanced Certification compare to the IEP?
Students that choose to complete both Fundamentals of Restructuring, Insolvency and Turnaround (Fundamentals) and the Advanced Insolvency elective and thus obtain an Advanced Certification in Insolvency, will cover all of the same insolvency issues and topics that were covered in the IEP. Under the new course there will be greater coverage of issues such as ethics, PPSA and trusts. The subjects will be topical and deal with advanced issues appropriate to post graduate level standard study.
On successful completion of Fundamentals and Advanced Insolvency subjects, you will have completed a specialist corporate insolvency course which is discussed in ASIC's Information Sheet 34 (How to Apply for Registration as a Liquidator).
The subjects in the ARITA Advanced Certification will be structured and presented differently to the IEP, with different assessment tasks.
- Do I get the same benefits as other UTS students?
Students enrolling in ARITA’s subjects with UTS will receive access to the UTS Library databases and UTSOnline (the web-based tool used at UTS to provide online learning to students), and wireless internet access if they visit the UTS campus. The UTS Library can be accessed for study purposes at a small fee per year (loan privileges are not available). Contact the UTS Faculty of Law Short Course Office for further details (email) [email protected].
- Who do I contact if I have questions?
If your question is about the ARITA Advanced Certification program, obtaining a certification, transitional issues, the status of your IEP studies, returning to study, meeting pre-requisite requirements or workshops, please contact:
ARITA Education team
[email protected]
02 8004 4351
If your question is about enrolling in the subjects after you have registered with ARITA please contact UTS Short Courses, please contact:
[email protected]
02 9514 2912
Following enrolment in the short course at UTS, please contact the UTS Faculty of Law if you have questions are about course content, assessment, accessing UTSOnline or University rules and policy related to short course study at UTS:
[email protected]
02 9514 3071