Grow your Practice: Become a Licenced Business Rescue Practitioner
CPD Hours: 2
Price: R450.00
Grow your Practice: Become a Licenced Business Rescue Practitioner
Presenters : Eric Levenstein , Lauren Becker , Roxanne Webster
Overview
A lot of South African businesses are collapsing from financial distress. In the first half of 2021 alone, there were 997 liquidations of companies and close corporations! The effect of this is devastating to an economy that is battling to climb out of the effects of the COVID-19 pandemic.
Accountants, as do attorneys, can follow a legal process called business rescue to save financially distressed businesses from going into liquidation. Through this process, licensed practitioners can take vital steps to turn around, restructure, and ultimately save troubled businesses.
Learning objectives
By attending this webinar you will gain the following competencies:
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An understanding of the legislation that provides for business rescue.
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A contextual understanding of business rescue.
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An understanding of what financial distress is vs going concern.
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An understanding of the roles, rights and responsibilities of stakeholders in business rescue.
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Knowledge of how you can become a licensed business rescue practitioner.
Content
This webinar will cover the following topics:
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What is business rescue?
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Section 138(1) of the Companies Act, 2008.
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The business rescue test.
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To rescue or to liquidate?
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Business rescue proceedings.
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Stakeholders' rights, roles and responsibilities.
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Becoming a licenced business rescue practitioner.
