Essential Skills Insolvency: Creditor claims & distributions

This course ensures participants will understand the key requirements when assessing creditors' claims and dealing with distributions. It will delve deeper into a range of more complex unsecured claims.


Other issues to be explored include how to accept or reject claims, give notice, declare a dividend and distribute to various classes of creditors; the order of priority; and classifying  circulating and non-circulating assets. This course also considers the differing circumstances in deeds of company arrangements, simplified liquidations and small business restructuring.

Learning objectives

At the end of this course you will be able to:

  • Assess a creditor claim for voting purposes.

  • Adjudicate a creditor claim for participation in a dividend.

  • Understand the order of priority.

  • Differentiate circulating and non-circulating assets and understand the impact on distribution.

  • Prepare a distribution timeline, an estimated outcome and distribution calculation.

  • Undertake a GST adjustment calculation.

  • Comply with the regulations on notice and advertising.

Course delivery

On-demand

Cost

$199.10 (GST incl.) for ARITA members and subscribers / Government
$289 (GST incl.) for non-members

CPE

Up to 1.5 CPE hours

Prerequisites

We recommend you complete the Introduction to Insolvency Program or have one year of on-the-job experience prior to attending this course.

Please note see our enrolment and cancellation policy.

See our full range of on-demand courses or find out more about our Essential Skills courses.

Any questions? Contact our education team.

Where
AUSTRALIA
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