This unit describes the performance outcomes, skills and knowledge required to apply the principles and practices of insolvency law in Australia, focusing on restructuring, insolvency, and turnaround strategies.
It includes understanding legal frameworks, practical applications in various scenarios, financial analysis for insolvency assessment, consideration and applicability of the Personal Property Securities Act (2009) and ethical considerations in insolvency practice. It requires the ability to analyse, advise, determine, develop and lead restructuring, insolvency and turnaround options.