We have received changed requirements from the CIPC for Business Rescue Practitioners. Our Academic staff have been hard at work to incorporate these new requirements into our course material and assessments. We have recently appointed Dr. Eric Levenstein to record a series of 8 x 1 hour webinars and we will notify you when these training webinars are available and the assessment will follow.
The Business Rescue Practitioner license comes with this exclusive series of exam prep webinars as part of your package. These webinars will provide you with 8 hours of preparation for the assessment and will also provide key insights into the Business Rescue Practitioner’s role. This is not a 100% guarantee to ensure you pass the license assessment, you will also need to put in a number of hours of self study as detailed in the prospectus.
*Kindly note that you will receive emails to alert you as soon as the webinars and assessments are available.
**Please note the recommended text book is not included in the cost of the licence.
***Recommended text book: South African Business Rescue Procedure
Business Rescue Practitioner License
Category: Practice Management
CPD credits: 70 credits
Effort: Part 1: Immediate. Part 2: 80 Hours
Duration: 80 hours
Format: Self-study, online
Study Material: Yes
Creating awareness of the professional duties applicable to BAP (SA)s and confirming their commitment to professionalism.
What you will learn
Once you have your SAIBA license endorsing you to be eligible to perform Business Rescue, register at CIPC by completing form Cor 126.1 and pay R500.
Business Rescue Practitioner Part I
INTRODUCTION AND DEFINITIONS
GROUNDS FOR COMMENCEMENT OF BUSINESS RESCUE PROCEEDINGS
COMMENCEMENT BY BOARD RESOLUTION
COMMENCEMENT BY ORDER OF COURT
LEGAL CONSEQUENCES OF BUSINESS RESCUE PROCEEDINGS: MORATORIUM AND PROTECTION OF PROPERTY INTERESTS
LEGAL CONSEQUENCES OF BUSINESS RESCUE PROCEEDINGS: EFFECTS ON EMPLOYMENT AND OTHER CONTRACTS
POST COMMENCEMENT FINANCE AND RANKING OF CLAIMS
EFFECTS ON SHAREHOLDERS, DIRECTORS AND CREDITORS
THE BUSINESS RESCUE PRACTITIONER: QUALIFICATIONS AND APPOINTMENT
BRP: POWER, DUTIES, AND LIABILITIES
THE BUSINESS RESCUE PLAN: CONTENT AND PUBLICATION
THE BUSINESS RESCUE PLAN: APPROVAL AND REJECTION
TERMINATION OF BUSINESS RESCUE PROCEEDINGS
COMPROMISE BETWEEN COMPANY AND ITS CREDITORS
As a Business Accountant in Practice (SA) you have an obligation to act with the necessary care, skill and diligence expected of an accounting professional.
Based on your membership with SAIBA and your BAP(SA) designation you received a licence from the CIPC and SAQA that allows you to provide the services of an Independent Accounting Professional and Accounting Officer to the general public.
This licence is provided exclusively to you because you have committed to always act professionally and in a manner that protects the public.
SAIBA is your professional body and must provide annual reports to CIPC and SAQA on how we monitor your commitment to professional conduct. The way we collect information for our report is through the SAIBA Annual Business Rescue Practitioner License.
Considering recent developments regarding Covid-19 restrictions, SAIBA has split its Business Rescue Practitioner License requirements into two parts.
Part I of the Business Rescue Practitioner License requires that the member declares their compliance with all Business Rescue Practitioner License requirements and is issued a Business Rescue Practitioner License.
Part II requires the member to complete the Business Rescue Practitioner License assessment designed to refresh their specialist knowledge across key areas within 6 months of having received their Business Rescue Practitioner License.
The course is available on the following dates:
This license is appropriate for:
No presenters are provided as this is a self-study course.
By attending this course, you will be provided with:
The following pricing applies:
Part I is your declaration and Part II your workshops and assessment.
Option 1: Declaration, Workshops and Exam (Part I and II).
Option 2: UNISA Certificate course and exam.
Declaration and Statement of AuthenticityI confirm that all work and answers are my own.
I confirm that should I be found guilty of contravening the assessment rules, I will be liable to a fine of R 10 000.00
I authorise SAIBA to use and verify my computer IP address to confirm my identity.
I agree and acknowledge:
1. I have read and understood the Declaration and Statement of Authenticity above.
2. I accept that use of my account to electronically submit this assessment constitutes my agreement to the Declaration and Statement of Authenticity.
Sorry, only enrolled users are allowed to make choices.
Click http://www.tma-sa.com/info-centre.html link to open resource.
Click http://www.cipc.co.za/index.php/publications/business-rescue/ link to open resource.
Click https://www.werksmans.com/practices/insolvency-business-rescue-restructuring/ link to open resource.