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A session that will provide accountants with an update on hot topics in restructuring and insolvency including HMRC enforcement action, TTP arrangements, insolvency stats, a warning about unlicensed insolvency practitioners and case studies to walk attendees through key insolvency and business rescue strategies. The session has been designed to pick up the key issues that are arising in the restructuring and insolvency word which will impact client decision-making and client advice. The unlicensed insolvency practitioner hot topic is aa timely reminder of the rogue operators targeting your clients directly through social media which are leading to large scale fraud. The session will assist with distressed client advice, aid client retention and help mitigate the risks to both advisor and client directors.

The following topics will be covered during this presentation:

• National corporate insolvency levels and case studies- Levels of insolvency leading up to the current period including current industry distress levels. We will also cover three recent case studies to provide a brief summary of circumstances leading to restructuring solution
• Unlicensed insolvency practitioners and their tactics – rogue operators are targeting your clients directly with significant levels of fraud identified with your client directors typically left facing financial claims and disqualification action
• HMRC enforcement and TTP arrangements – Latest stats, success rates and typical time periods
• Director disqualification update  - current levels of disqualification and reasons for disqualification
• Incorporation of social Clubs – Club insolvencies continue to remain a regular referral into our teams and the financial risk faced by committees, Club officials and members risks for unincorporated Clubs and Friendly Societies is often overlooked or simply not known. We will cover these key concerns.

Attendance at this event will keep your knowledge fresh as regards the issues prevailing in the insolvency sector, HMRC’s current level of enforcement, provide an insight into the current TTP trends and importantly the consequences for delinquent directors and the tactics unlicensed unregulated operators are using to target your clients.

The session will be extremely useful for independent accountants, tax advisors and business advisors that manage the client relationship or have frequent client facing interactions.

Course Level: Intermediate