Business Rescue Specialist Licence Renewal 2023

Available from

1 January, 2023

CPD

1

Course Category:

Assurance

Renewal for CIBA Business Rescue Specialists, who previously obtained their Business Rescue Specialists License.

R 2500 VAT Incl.

Product Information

Requirements of a Business Rescue Practitioner (BRP)

Section 138 of the Companies Act, 2008 regulates the qualifications required for a business rescue practitioner.

In order to qualify as a BRP, a person must be:

  1. a member in good standing of an accounting, legal or business management professional body accredited by CIPC (section 138(1)(a)); thus, accredited by an institution like CIBA and
  2. be licensed as such by CIPC (section 138(1)(b)).

Read the revised CIPC requirements for licensing a BRP here.

 

CIBA Accreditation process

As part of the accreditation process, CIBA is responsible for:

  1. Ensuring that members are competent and able to provide high-quality services and accountable for the work they perform.
  2. Providing opportunities and monitoring Continuous Professional Development (CPD)
  3. Reporting CPD compliance and non-compliance.

 

The objective of the BRP Renewal Assessment

Evidence of competence in the specialist area is required by the CIPC, to maintain your license with the CIPC as a Business Rescue Practitioner. The annual renewal of the Business Rescue Specialist License provide evidence of

  • continued competence and
  • the commitment of the license holder to Continuing Professional Development (CPD) relating to Business Rescue engagements.

 

Price

Annual renewal fee R2,500.00

 

Content

The License renewal includes a declaration and assessment.

 

Requirements

The entry requirements to renew a Business Rescue Specialist License is that the member should previously have completed the CIBA Business Rescue Specialist License:

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