Course Details

In this session Tom Murray  gives a guide on the when and how an accountant in practice should guide their clients through the financial difficulty and covers the do’s the do nots, the when’s and the why’s,

 

Tom focuses on the following topics:


  • What are the red flags Directors should be aware of?
  • When are the options available to a company in difficulty? 
    • When should a Director consider Turnaround?
    • SCARP
    • Examinership or Liquidation?
  • What should a Director do / What should a director not do when a company is in difficulty?
  • When Liquidation is inevitable how should a Company and its Directors approach it?
  • How to organise a creditors voluntary liquidation?
  • What happens at a Creditors Meeting?
  • Dealing with a Liquidators S682 report?
  • Personal liability of Directors
  • Attitude of Creditors:
    • Impact of Covid supports:  EWSS/ TWSS, tax warehousing etc. on attitude of creditors etc.
    • Dealing with Retention of Title (how to enforce same)

CPD Course Speaker

Friel Stafford

Tom Murray

Tom qualified as a Chartered Certified Accountant (ACCA) in 1997 whilst working with Chase Manhattan Bank. Tom has over 20 years experience in accounting and business roles.

He is one of Ireland’s most experienced corporate recovery and turnaround practitioners and was one of the first Personal Insolvency Practitioners licensed in Ireland.

He also is an experienced Corporate Financier with particular interest and expertise in the area of equity and debt fund raising, and the buying and selling of businesses.

He is heavily involved with the ACCA accountancy body and is a past President of ACCA Ireland. He represented ACCA Ireland at the ACCA International Assembly in 2011. He was nominated in January 2021 by ACCA to represent it on the the CCABI insolvency Committee.

He is authorised to act as a Personal Insolvency Practitioner by the Insolvency Service of Ireland.