Overview    

When a client's business starts to slide, their accountant usually sees it first: an overdraft that no longer swings back into credit, debtors who pay a little later each month, VAT and PAYE payments that start to slip. What happens next often decides whether the business recovers on its own terms or ends up in business rescue or liquidation. 

This focused two-hour session equips accounting practitioners and business advisors to use their commercial and financial knowledge to detect distress early, stabilise cash, negotiate informally with lenders, SARS and key creditors, and guide management from recovery into sustainable growth. It also shows where informal turnaround ends and formal business rescue or liquidation becomes the right advice.

Join Jako Liebenberg CA(SA) on the 1st of December 2026 from 10h00 to 12h00 as he unpacks the practical aspects of advising distressed businesses, including assessing business viability, understanding business rescue procedures, evaluating funding requirements and managing creditor relationships. The session will also examine accountants’ professional responsibilities, independence considerations and potential legal liabilities when working with financially distressed clients. 

Learning objectives   

Attending this webinar will equip you with the following skills:  

• Identify early-warning signs of distress in management accounts, bank data, debtor and creditor ageing and SARS records, and apply the Companies Act six-month "financially distressed" test.
• Prepare and run a 13-week cash-flow forecast and cash committee to stabilise liquidity and rebuild credibility with lenders.
• Prioritise practical cash and margin levers, including working capital, pricing, customer and product profitability, and targeted cost reduction.
• Prepare the information pack that supports informal arrangements with banks, SARS and key creditors, and evaluate an informal turnaround against a compromise with creditors, business rescue or liquidation.
• Develop a recovery-to-growth plan with KPIs, funding readiness and governance that management can own.
• Structure and price the advisory engagement while managing independence, liability and reporting responsibilities

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Content   

The webinar will cover the following topics:  

• Early-warning signs and the six-month distress test
• The 13-week cash-flow forecast and cash committee
• Working capital, pricing and cost levers
• Negotiating with banks, SARS and key creditors
• Directors' duties, section 129(7) and reckless-trading risk
• When to escalate to business rescue or liquidation
• From recovery to sustainable, funded growth
• Building and pricing the advisory engagement

Obtaining your CPD certificate  

This training is compliant with the International Education Standard (IES7) issued by the International Federation of Accountants and recognised for CPD by relevant professional bodies including ACCA, CIMA, IAC, IIA, SAICA and SAIPA.  

All attendees are issued with a CPD certificate available in an online profile.  

Who should attend?  

The following persons will benefit from attending this webinar:  

• Practising accountants including: CA(SA), Professional Accountant (SA), AGA(SA), FCCA, BAP(SA), BA(SA) and ACCA.  

• Registered auditors.  

• Audit managers.  

• Trainee accountants.  

Price 

• R 450.00 - Online admission - Individual.  

• Group Price 1 - From R337 per person (up to 5 users)   

• Group Price 2 - From R260 per person (up to 10 users)   

• Group Price 3 - From R224 per person (over 11 users)  

Steps to register for the event:   

If you already have a profile, login and register for the webinar.  

If you don’t have a profile, create a free profile then login and register for the webinar.  

Click here to create a free profile (There is no charge to create a profile and gain access to our free Monthly Practice Management Series).  

Click here to find out about the Technical Resource Centre & CPD Subscription options.  

Additional material  

By attending this webinar you will be provided with:  

• A summarised slide presentation.  

• Reference documents and/or course material where available.  

• You can ask questions during the webinar and you will also have access to the presenter after the webinar.  

Corporate training solutions  

At the Accounting Academy, we recognize the evolving needs of businesses in today's dynamic environment. Beyond our standard webinar offerings, we provide tailored corporate training solutions designed to empower your team with the latest in accounting and professional skills. Whether you're looking for online sessions or face-to-face training, our programs are crafted to ensure a comprehensive and engaging learning experience.  

Drawing inspiration from modern training methodologies, our corporate solutions are interactive, adaptable, and focused on real-world applications. We prioritize hands-on learning, ensuring your team can immediately apply their newfound knowledge in practical scenarios.  

Interested in a bespoke corporate training experience? Reach out to us at corporate@accountingacademy.co.za or call 010 593 0466. Together, let's design a training program that elevates your team's capabilities and aligns with your organizational goals.  

Contact us   

Have any questions or need any assistance? Contact us today!  

• Online chat through our website.  

• WhatsApp: Start chatting (+27635026114)  

• Phone: 010 593 0466  

• E-mail: ticket@accountingacademy.co.za