CPDStore Ireland

Corporate insolvency is a factor for many companies in 2025. The ongoing financial pressures are driven by rising interest rates, higher costs of doing business, as well as global geopolitical tensions. As a result, practicing accountants are more essential than ever in guiding clients through these financially challenging times.

Successfully navigating these situations with clients not only supports their immediate needs but also builds a foundation for long-term retention.

This course equips practicing accountants with the knowledge and tools to confidently assist clients in identifying and managing corporate restructuring and insolvencies. By understanding the current economic climate and the specific steps required for navigating insolvency, accountants will be better prepared to support clients through difficult financial times.

In this session Tom Murray will cover the following topics:

• A Step-by-Step Guide for Practicing Accountants in managing corporate insolvency
• SCARP – lessons learned
• Liquidation Process: Comprehensive guide from initiation to completion
• Creditors Meetings – the new / old rules as we return to in person meetings
• Directors’ Responsibilities and Implications: Key considerations for directors entering insolvency proceedings
• Creditors’ Rights and Information Needs: What creditors should understand when a customer enters an insolvency process
• Employees redundancies – where collective redundancy impacts insolvency as a result of legislative change.

This session is tailored for general practicing accountants with corporate clients facing increased financial challenges.

Course level: Intermediate