ABRT Executive Certification

Executive Certificate in Restructuring and Turnaround – become a Restructuring & Turnaround Executive RTE®

The ABRT Executive Certificate is an award recognising current knowledge and practice in the restructuring and turnaround profession and is the ABRT’s commitment to maintaining high professional standards and excellence.

The Executive Certificate in Restructuring and Turnaround enables successful RTA member candidates to graduate for use of the exclusive post nominals RTE® – a recognition only offered through the ABRT and an opportunity for members to gain the most respected designation in the restructuring and turnaround profession.

By becoming RTE® you gain confirmation of your knowledge, experience and commitment to the profession. Gaining the Executive Certification increases leadership potential and respect among colleagues in business, professionals and the broader financial community. The course is approximately 120 hours in duration and is equivalent to a Postgraduate level University module (2 days group online virtual learning with the remaining hours as coursework).

Module 1: Leadership, Management & Finance

Applying time-tested frameworks and models this subject investigates how leaders fix struggling businesses. The course brings current real-life examples and includes in-class presentations from leading Australian turnaround practitioners, corporate lawyers, financiers, and investors. This is a highly practical course focused on the small to medium enterprise (SME) sector. Essential systems and templates are brought together to bring a richer understanding of the role leadership, management and strategy must play to achieve a successful turnaround.

Enhanced financial awareness in a distressed business scenario helps to identify cash-flow deficits, business viability & value, working capital requirements and sustainability. Scenario analyses backed by estimated financial outcomes form the background to key strategic decisions and effective restructuring & turnaround initiatives. This approach aims to identifying how value can be preserved and evaluated in turnaround engagements, effectively project managed, and used to gain stakeholder support.

Module 2: Law & Ethics

This module provides a crucial understanding of the legal and ethics issues which provide the backdrop to the turnaround and restructuring of financially distressed businesses. It is aimed at aspiring senior managers & leaders as well as a range of professionals working in SME turnaround; including those in accounting & finance, insolvency, business advisory, and law practice.

The crucial understanding of the legal framework includes corporate and finance law, regulatory requirements, contract and tort law, consumer and competition law, property and security law, insolvency, ethics (including professional codes of conduct) and taxation implications. At a governance level, crisis stabilisation and control tactics are explored. In addition, the importance of turnaround and restructuring to the economy are reviewed as well as the latest law reform initiatives, jurisdictional and overseas trends, and issues surrounding distressed business trading.

Final: Capstone Project

This is opportunity to carry out independent research and devise an innovative solution for a real-world problem. Member candidates will draw upon their knowledge and experience to think critically. The project should cover a range of key research topics relevant to their own unique professional development.

Professional Practice Course – become a Restructuring & Turnaround Practitioner RTP®

Restructuring & Turnaround Associates and Executives (RTA & RTE®) may apply for Practitioner status (RTP®) if they have completed the ABRT Executive Certificate and hold a public practice certificate with a limited liability scheme approved by the Professional Standards Council.

All ABRT members charging a fee or advertising the provision of Restructuring and Turnaround services must hold a public practice certificate and/or an Australian Credit Licence with Debt Management Services authorisation (or be an Authorised Credit Representative with the required authorisation).

The ABRT can offer a Professional Practice Certificate to members subject to eligibility and availability. Restructuring & Turnaround Practitioners (RTP®) are required to annually confirm they remain ‘fit and proper’ persons, are maintaining the required CPD, hold appropriate professional indemnity insurance and periodically undergo a Professional Practice Quality Assurance Review.