Essential Skills

A series of intermediate level short courses that focus on a range of practical insolvency, bankruptcy, restructuring and insolvency law issues.

Each course will delve in depth into a specific topic, providing you with valuable skills and understanding to implement back in the workplace.

Find out more about the Essential Skills courses

Upcoming courses

Registrations are available via our Learning Platform.

March 2021

10 Mar Education Essential Skills Insolvency - Employee Entitlements This course looks at the complex area of determining and calculating employee entitlements, determining priority entitlements, correctly taxing payments to employees and determining a net distribution to employees. Online More information & register

17 Mar Education Ess. Skills Bankruptcy - Trusts, p'ships & deceased estates This course will raise awareness of the ‘quirks’ involved in managing bankruptcies which involve trusts, partnerships and deceased estates. Online More information & register

24 Mar Education Essential Skills Law - Statutory demands and winding up This course covers statutory demands and winding up applications, including service issues; defects and challenges; genuine disputes; procedural aspects; settlements; and establishing insolvency in a winding up application. Online More information & register

April 2021

21 Apr Education Ess. Skills Restructuring - Refining the turnaround strategy This course helps you understand the transition to a more mature phase of the turnaround. You will learn how to create the conditions for growth and maintain discipline around costs, while embedding, monitoring and communicating the organisation’s improvements and achievements. Online More information & register

May 2021

06 May Education Ess. Skills Insolvency - Fin. data for insol. appointments This course equips you with working knowledge of how to prepare key financial data in the context of an insolvency appointment, including income and cash flow forecasts and position and outcome statements. Online More information & register

26 May Education Essential Skills Law - Public examinations This course covers a range of issues about public examinations in corporate insolvency administrations, including purpose, who can be examined, receivers’ use, challenges, conduct, production of books and records, privilege and subsequent use of information obtained. Online More information & register

June 2021

09 Jun Education Essential Skills Insolvency - Trading on This course provides a working knowledge of key aspects of trading the business including trade on strategies’ implementing trading controls, managing suppliers and contracts, and principles of trading strategies including use of financial forecasts. Online More information & register

17 Jun Education Essential Skills Bankruptcy - Public examinations This course covers the basics of investigating a bankrupt’s examinable affairs, including consideration of the public examination provisions of the Act and the use of section 77AA, 77A and 77C notices. Section 305 funding applications will also be considered. Online More information & register

30 Jun Education Ess. Skills Restructuring - Managing a turnaround as project In this course you will gain an understanding of the characteristics of effective turnaround plans – including why many plans fail – by applying the principles of agile project management to the execution of the turnaround plan. Online More information & register

July 2021

14 Jul Education Essential Skills Insolvency - Creditors' meetings This course provides a working knowledge of the different types of creditors’ meetings in corporate insolvency. It provides comprehensive coverage of the requirements of the current Insolvency Law Reform Act legislation. Online More information & register

August 2021

12 Aug Education Ess. Skills Insolvency - Identify insol for recovery actions This course equips you with skills and tools to use financial data to identify the date of insolvency and insolvent transactions as well as to quantify the amount of an insolvent trading claim. The course also includes the new creditor-defeating dispositions. Online More information & register

19 Aug Education Essential Skills Bankruptcy - Dealing with creditors' claims This course will look at what claims can be admitted for both dividend and voting purposes and the amounts for which they should be admitted. Online More information & register

September 2021

08 Sep Education Essential Skills Law - Insolvent trading and safe harbour This course considers insolvent trading actions against directors, defences and the new safe harbour carve out. It also covers establishing insolvency, quantifying damages, procedural issues and actions against parent companies. Online More information & register

16 Sep Education Essential Skills Insolvency - Sale of business/assets This course provides a working knowledge of various stages of the sale process including setting the strategy, marketing, the due diligence process, completing the sale and meeting statutory obligations. Online More information & register

29 Sep Education Essential Skills Restructuring - Return to growth Recognising that different organisations will have different options for growth, in this course we discuss the pros and cons of inorganic and organic growth approaches. Online More information & register

October 2021

14 Oct Education Essential Skills Insolvency - Tax issues This course provides a working knowledge of the tax issues faced by insolvency practitioners including meeting PAYG and BAS reporting requirements, GST reporting when acting as Agent for the Mortgagee. It includes an introduction to payroll tax and fringe benefits tax. Online More information & register

November 2021

04 Nov Education Essential Skills Law - Legal issues in trade-ons This course provides an overview of a number of common legal issues which external administrators and receivers may face when trading on the business of a financially distressed company. Online More information & register

10 Nov Education Essential Skills Bankruptcy - Objections to discharge This course covers the process for making an objection to discharge; relevant cases law; assessing and reporting offences; and AFSA's Pre-Referral Enquiries (PREs) process. Online More information & register

24 Nov Education Essential Skills Insolvency - Finalisation processes This course provides information and guidance to help you understand the finalisation processes for different insolvency appointments, including transitioning and parallel appointments, being replaced as appointee and dealing with books and records. Online More information & register

December 2021

01 Dec Education Essential Skills Restructuring - Financial restructuring Get an understanding of the options that exist for financial restructuring, how these differ in different phases of a turnaround, the different perspectives and interests of potential investors/lenders, and the need to integrate a financial restructuring plan within the organisational turnaround. Online More information & register

Who should attend?

Courses are aimed at staff with 1 to 4 years' experience, but may also appeal to more experienced practitioners who need to refresh their knowledge.

Prerequisites

We recommend you have completed the Introduction to Insolvency Program or have one year of on-the-job experience prior to attending these courses.

Course delivery & time commitment

Delivered online via electronic classroom, each course includes a two-hour live presentation covering the theory and at least one practical exercise to ensure understanding of the issues. More information about the electronic classroom & system requirements.

Course topics and descriptions

The Essential Skills courses are divided into 4 study areas:

Trainers

All trainers have extensive practical experience and are from an array of professional backgrounds.

Assessment

There is no formal assessment in the Essential Skills courses.

Cost

Members & non-members: $199 (GST incl.)

Please note: If you are not a member or graduate subscriber and are currently based overseas, there will be an additional postage fee charged after your registration.

CPE

Up to 2 CPE hours per course.

Questions?

If you have any questions regarding the Essential Skills series please email education@arita.com.au