Fundamentals of Restructuring, Insolvency and Turnaround

Fundamentals of Restructuring, Insolvency and Turnaround is the core subject in ARITA’s Advanced Certification.

This subject 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. A particular focus is on voluntary administrations.

This subject combined with the Advanced Insolvency subject will meet the specialist insolvency education requirements to become a registered liquidator or registered trustee.

This subject is only offered in the first half of each year (session 1).


There are no prerequisites for this course. However, we recommend you have three years’ experience in restructuring, insolvency or turnaround before commencing the course.

You will benefit from completing the Introduction to Insolvency Program (IIP) and Essential Skills courses prior to commencing ARITA Advanced Certification.


  • The context of restructuring, turnaround and insolvency in Australia
  • Introduction to the Personal Property Securities Act 2009 (Cth)
  • Professional ethics
  • Establishing solvency and insolvency
  • Corporate recovery proceedings
  • Voluntary administrations and deeds of company arrangement
  • Schemes of arrangements
  • Workouts and restructuring
  • Introduction to cross-border insolvency


UTS component

  • Ethics case study (must pass to pass subject)
  • Problem-based assignment
  • Individual case study presentation
  • Take home exam

There will be self-review (non-assessable) quiz questions posted online though the course.

ARITA workshops (2)

  • Submitted written answers
  • Participation in workshops
  • Marked written answers (if workshop not attended)

You must pass both the UTS component and ARITA workshops to pass the subject.


2019: $3,520 (including GST)

You must be an ARITA Student to enrol for this subject. Read more about the benefits of Student subscription.


1 CPD hour for every hour spent on the course

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 study break.

Key dates 2019 and course outline

 Enrolments open     5 November 2018
 Last day to request an invoice for payment *    1 February 2019
 Enrolment closes     8 March 2019
 Subject begins     18 March 2019
 UTS Assessment task 1 part A: Ethics essay proposal     10 April 2019
 Mid-session break     Week of 22 April 2019 
 ARITA Workshop 1     Week of 29 April 2019
 UTS Assessment task 1, part B: Ethics Essay     8 May 2019
 UTS Assessment task 2: Problem question     22 May 2019
 ARITA Workshop 2     Week of 3 June 2019
 UTS Assessment task 3: Take home exam     21 June 2019
 Subject ends     21 June 2019

* After 1 February 2019 only payments by credit card will be accepted.

Download the course outline

Enrolments for session 1, 2020 open November 2019

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