Corporate Turnaround Artistry

Exam Questions: 50
Course Level: Basic
Pages: 204 | Content: 184, Supplemental: 20
NASBA Area of Study: Management Services
Not Acceptable for: Enrolled Agents
Version: 7835A

This course will provide a framework for a timely and efficient corporate turnaround, beginning with identifying the issues to meeting with creditors and developing a plan. It presents proven methods and insider strategies to revive and rehabilitate any business caught in financial distress. It will discuss controlling cash, gaining creditor support, and developing a comprehensive turnaround plan that the stakeholder community will support. You'll find expert advice on topics like cashflow stabilization, short and long-term profit sustainability, crisis management skills, debt restructuring, and more. PLEASE NOTE: Not accepted for Enrolled Agents. All course material provided. No prerequisites. Course level: Basic.

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Course Information

Table of Contents
  • Understanding Corporate Turnaround
  • Crisis Leadership
  • Controlling Cash
  • When Banks Attack
  • Turnaround Management
  • Arsonists and Regulators
  • Insolvency and the Law
  • Debt Restructuring Out of Court
  • Strategic Exits
  • Building Long-Term Value
  • To identify the stages of distress
  • To identify the control steps necessary to address a crisis
  • To recognize the importance of the 13-week cash-flow forecast
  • To identify the 5 Cs of credit
  • To identify the aspects needed to facilitate a turnaround
  • To identify the details of the WARN Act
  • To recognize how to address assets during a liquidation
  • To recognize how best to restructure unsecured debt
  • To understand the market for distressed buyers
  • To identify how to flatten lumpy revenue streams

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