Loading

Corporate Turnaround Artistry

Exam Questions: 50
Course Level: Basic
Pages: 204 | Content: 194, Supplemental: 10
NASBA Area of Study: Management Services
Not Acceptable for: Enrolled Agents
Version: 7835

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.

Choose Your Format to ADD TO CART:

Go to CART

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
Objectives
  • 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

PLEASE NOTE: CPE credit measurement is based on NASBA Registry and QAS guidelines of one credit for every 50 minutes. Credit calculation may vary in different states — check with your State Board of Accountancy. Unless otherwise noted in the specific course description, no advanced preparation is required in order to register or complete any PES CPE course. Use of materials or services provided by Professional Education Services, LP ("PES") are governed by the Terms and Conditions stated on PES' website www.mypescpe.com. PES provides these courses with the understanding that it is not providing any accounting, legal, or other professional advice and assumes no liability whatsoever in connection with its use. PES has used diligent efforts to provide quality information and material to its customers, but does not warrant or guarantee the accuracy, timeliness, completeness, or currency of the information contained herein. Ultimately, the responsibility to comply with applicable legal requirements falls solely upon the individual licensee, not PES. PES encourages you to contact your state Board for the latest information and to confirm or clarify any questions or concerns you have regarding your duties or obligations as a licensed professional.