Overview   

The role of the business rescue practitioner (BRP) is crucial in assisting struggling companies in South Africa to overcome financial difficulties and avoid insolvency. The latest report from the CIPC reveals that over 4000 business rescue proceedings have taken place in the country. 

In this webinar, attendees will learn how to become accredited BRPs, as well as gain a full understanding of the business rescue process, including identifying when a business is in financial distress and deciding when business rescue is a viable option. Additionally, attendees will learn how to advise company directors on their duties and responsibilities in accordance with the Companies Act, and guide financially distressed clients through the business rescue process. 

Financial and credit negotiation will also be highlighted, as it is a crucial part of the business rescue process for debt restructuring and cash flow management. Join Tania Lopes on 15 June 2023 from 9:00 a.m. to 1:00 p.m. to learn how to assist your financially distressed clients to stay afloat. .    

Learning objectives  

Attending this webinar will equip you with the following skills: 

• Gain a full understanding of the business rescue process. 

• Acquire the ability to identify when a business is in financial distress.  

• Possess knowledge of how to decide when business rescue is a viable option. 

• Act in an advisory role to company directors as far as their duties and responsibilities are concerned in accordance with the Companies Act. 

• Have the practical knowledge to guide your financially distressed clients through the business rescue process. 

Content 

The webinar will cover the following topics:  

• Business rescue - Chapter 6 Companies Act 71 of 2008. 

• Directors' obligations.  

• Business rescue proceedings.  

• Important definitions. 

• Court order or voluntary business rescue? 

• General moratorium on legal proceedings within business rescue.  

• Investigation of affairs of company. 

• Rights of affected persons.  

• Development and approval of business rescue plan. 

• Classification of companies undergoing business rescue. 

• How to become an accredited business rescue practitioner. 

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.   

About the presenter 

Tania Lopes   

Tania Lopes is a licensed business rescue practitioner with over 13 years' experience in the financial sector. A graduate from the University of South Africa, Tania also completed the Certified Rescue Analyst Programme with the University of Pretoria.  

Tania is a member of the South African Restructuring Insolvency Practitioners Association and she's also a member of the Turnaround Management Association of Southern Africa. She's currently a director Salvis Gratia where she takes on appointments for the restructuring of financially distressed companies as well as consult for other business rescue practitioners.  

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. 

• Management accountants. 

• Accounting officers. 

• Business rescue practitioners. 

• Registered auditors. 

• Trainee accountants. 

Price              

• R 575.00 - Online admission - Individual. 

• Group Price 1 - From R184 per person (up to 5 users) 

• Group Price 2 - From R121 per person (up to 10 users) 

• Group Price 3 - From R109 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.