Advanced Insolvency is an elective subject in ARITA’s Advanced Certification.

This subject ensures a solid understanding of Australia’s formal insolvency regime for both corporates and individuals as well as building an understanding of the complicated issue of insolvency and trusts.

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

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

Prerequisites

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 both Fundamentals of Restructuring, Insolvency and Turnaround and Advanced Insolvency subjects. You can enrol in this subject as a refresher.
    Note: 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.

Content

  • 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

Assessment

UTS component

  • Problem-based assignment
  • Online researched presentation
  • Take home exam (compulsory pass component)

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

ARITA workshops (3)

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

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

Cost

2020: $3,624.50 (incl. GST)

You must be an ARITA Student to enrol for this subject. If you are based overseas, please contact membership@arita.com.au about your subscription. Read more about the Student subscription.

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 and a one-week study break.

CPE

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
 ARITA Workshop 1  Week of 31August 2020
 UTS Assessment task 1: problem-based assignment  
 9 September 2020
 Mid-session break    14 - 20 September 2020
 ARITA Workshop 2
 Week of 28 September 2020  
 UTS Assessment task 2: researched presentation
 14 October 2020
 ARITA Workshop 3  Week of 19 October2020
 StuVac (study break)  2 - 6 November 2020
 UTS Assessment task 3: take home exam    9 November 2020
 Subject ends    9 November 2020

 

Download the 2020 course outline.

Enrolments for session 2, 2021 open May 2021.