LATEST INSIGHTS
Courts take a broad view of new Small Business Restructuring legislation – First appointment tests various aspects of the new processes
Well here we are at the end of March 2021 and following their introduction on 1 January, the new
Update – Modernising Business Registers and Director Identification Numbers
This update follows on from Greg Quin’s articles from 2019 and 2020 regarding the concept of Director Identification Numbers
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Developing your staff is an investment in your business
Your team is your most valuable asset and ensuring that they have the knowledge and confidence to service your clients at a high level will reflect well on you and your practice over the long term.
Several financial and economic commentators have suggested that Australia will experience a ‘tidal wave’ of insolvency activity when the Federal Government’s stimulus measures are lifted in late September 2020. Accordingly, we forecast that accountants, lawyers and other advisors will be the first port of call when a client runs into financial trouble.
Our insolvency training sessions are designed to fill the gaps in what people understand about corporate and personal insolvency and are centred on sharing our extensive experience and real-world examples.
Our delivery is deliberately informal and interactive, and we can speak to audiences of all levels – graduates through to practitioners.
The benefits of our training for you and your team are:
- Dispelling the misconceptions and misunderstandings about corporate and personal insolvency
- Offering some guidance on how to assist a client in the early stages of financial distress
- Providing metrics and other identifiers to look out for when reviewing a client’s financials
- Sharing experiences arising from our long history in the industry, so you are better equipped to support your clients
Our presentations are delivered by Kim Wallman and Greg Quin, who have 45 years of combined experience. Kim and Greg can accommodate the needs of your team so that you get the most out of the session.
The sessions are normally one hour in duration and two to three of the topic areas comfortably fill the time.
We have designed insolvency training topics that address the following areas:
- Temporary insolvency-centric COVID-19 moratoriums for directors and individuals
- A Liquidator’s perspective: traps and other matters to watch out for when reviewing your client’s financials
- The advantages and differences between voluntary administration, receivership and liquidation for your clients
- Bankruptcy and Part X options for individuals in financial distress
- The Director Penalty Notice regime and recent changes explained
- Safe Harbour protection for directors
- Statutory Demands and winding up applications
- Personal Property Securities Register and insolvency
To speak with us further about more information or booking in a session, please fill out the below form or contact us on 08 9215 7900.