Accountants’ Discussion Forum: Business Rescue – What Accountants Need To Know February 2024

What you will learn

By attending this discussion forum, you will be:

• Acquire a comprehensive understanding of your roles and responsibilities in the context of business rescue.
• Become more familiar with the business rescue process with practical insight.
• Be equipped with tools to effectively guide your clients experiencing financial distress and collaborate with a business rescue practitioner.
• Develop an awareness of the risks inherent in the business rescue process.
• Be appraised of recent developments in case law relevant to business rescue.

Description

Business rescue is a dynamic and challenging process that demands a collaborative effort from various professionals. Accountants’ financial acumen is integral to assessing, planning, and executing strategies that can rescue a distressed business. 

Accountants are not just record keepers but strategic partners in steering companies towards financial recovery. 

Content:

The following topics are under discussion for this month:

• Definition of business rescue.
• Signs of financial distress.
• The role of a business rescue practitioner.
• Legal procedures and requirements.
• Financial restructuring. 
• Important legal and administrative requirements.
• The role of accountants in business rescue.

Price

The following pricing apply:

Ad hoc: R304.00 for this webinar

Subscription: Included for free in Accountant in Practice, Accountant in Practice plus Tax, Bookkeeper and QuickUpdate packages.

Requirements

There are no preconditions for this course.

Moderate level.
Recorded webinar made available on a specified date

Presenter

Caryn Maitland CA(SA) 

Caryn Maitland is a Chartered Accountant (SA). She has been a member of IRBA as a registered auditor and accountant since 2002.

Caryn has lectured Auditing and Accounting at various institutions and has conducted independent workshops and seminars for professional accountants since 2006 on various topics. She has presented on the national tour for the annual Legislation Update with ProBeta Training (Pty) Ltd in 2014 and 2015, as well as on the FASSET national tour for the Tax Administration Act in 2014.  

Carmen Westermeyer CA(SA) 

Carmen Westermeyer graduated in 2001 from the University of Natal, Durban (now UKZN), with a BCom Honours degree in Accounting and completed her articles with PwC in 2004. She has been a member of SAICA since then. In 2008, she was appointed lecturer at UKZN and coordinated the Taxation 300 course until December 2010. She then took over the role of Academic Leader for the Taxation Department, as well as the coordination of the Postgraduate Taxation Programme. 

In December 2012 Carmen started running ad hoc training courses for members of the profession. From December 2013, she moved into commercial training and consulting on a full-time basis. She has been involved in various training activities, such as the FASSET Budget and Tax Update in 2015 and 2016.

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