Overview   

The accountant is usually the first person to see that a business is in financial trouble and it is his/her duty to inform the client of the situation. 

As you prepare your client's financial statements, you should be able to determine whether the business is factually insolvent or financially distressed.  You must then be guided by the Companies Act as far as your duties and obligations are concerned in this regard.  

Business rescue is now an established area of specialisation for qualifying accountants. Join us for this webinar as we cover everything related to business rescue and how you can become a registered business rescue practitioner.  

Learning objectives  

By the end of this event the participant should: 

• Know the external accountant's duties and obligations; 

• Understand how to test for business rescue; 

• Know how to perform business rescue proceedings;  

• Understand the roles, rights and responsibilities of stakeholders; and 

• Know how to become a licenced business rescue practitioner.  

Content 

The webinar will cover the following topics:  

• What is business rescue? 

• Responsibilities of the accountant w.r.t the Companies Act.  

• Non-compliance risks.  

• The business rescue test.  

• To rescue or to liquidate?  

• Business rescue proceedings.    

• Stakeholders' rights, roles and responsibilities during business rescue.  

• Becoming a licenced business rescue practitioner.   

Obtaining your CPD certificate 

This webinar qualifies for 2 CPD hours with your professional body including: ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA. The SAAA CPD policy is compliant with IFAC IES7 and is recognised by all relevant professional bodies. 

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

Price               

• R 475.00 - Online admission - Individual. 

• R 950.00 - Online admission - Company. 

• R 0.00 - Paid-up CPD subscribers. 

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: 

• 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 me the presenter after the webinar