- CPD Points: 2 [PM] [PS]
- Price: $165.00
- Area: Bankruptcy and insolvency; Debts (recovery); Finance
- Delivered: April 2025
Digital Content
- Recording
- Materials: PDF of slides
To purchase login below
Description
Join the Apex Advisory Australia team – Tim Booker and Anthony Hawkins – with Jennifer O'Farrell, Barrister, Malthouse Chambers, when they conduct a double-header session on interpreting financial statements, and what to do when a company is in financial distress.
Interpreting Financial Statements
This session will cover the key concepts of understanding financial statements. Subjects to be covered include:
- Navigating financial statements
- Debt vs equity
- Dividends test
Key takeaways
- Understanding the basic structure of financial statements
- Lease accounting, tax effect accounting, business combinations
- Profitable vs liquid
- Debt vs equity and why it matters
- Dividends test and failure to comply
Managing Financial Distress
- Identifying insolvency under s 95A of the Corporations Act
- Pre-insolvency – how to engage safe harbour
- Formal procedures and how to start them
- Advice which can / can’t be given by a lawyer about insolvency
- Evidentiary issues when trying to disprove insolvency
Key takeaways
- Identifying insolvency under s 95A of the Corporations Act
- How to engage appropriate procedures under the Corporations Act for clients nearing insolvency
- CPD Points: 2 [PM] [PS]
- Price: $165.00
- Area: Bankruptcy and insolvency; Debts (recovery); Finance
- Delivered: April 2025
Digital Content
- Recording
- Materials: PDF of slides
To purchase login below
Description
Join the Apex Advisory Australia team – Tim Booker and Anthony Hawkins – with Jennifer O'Farrell, Barrister, Malthouse Chambers, when they conduct a double-header session on interpreting financial statements, and what to do when a company is in financial distress.
Interpreting Financial Statements
This session will cover the key concepts of understanding financial statements. Subjects to be covered include:
- Navigating financial statements
- Debt vs equity
- Dividends test
Key takeaways
- Understanding the basic structure of financial statements
- Lease accounting, tax effect accounting, business combinations
- Profitable vs liquid
- Debt vs equity and why it matters
- Dividends test and failure to comply
Managing Financial Distress
- Identifying insolvency under s 95A of the Corporations Act
- Pre-insolvency – how to engage safe harbour
- Formal procedures and how to start them
- Advice which can / can’t be given by a lawyer about insolvency
- Evidentiary issues when trying to disprove insolvency
Key takeaways
- Identifying insolvency under s 95A of the Corporations Act
- How to engage appropriate procedures under the Corporations Act for clients nearing insolvency
Anthony Hawkins, Corporate Financial Advisory, Apex Advisory Australia
About the Presenter:
Anthony Hawkins is a Chartered Accountant with experience in providing a broad range of financial advisory services. Anthony has 12 years professional experience as both an audit and advisory practitioner specialising in medium to large private enterprise looking to transact, private equity owned companies, managed funds and junior listed entities. Anthony's industry experience includes property and construction, B2B services, manufacturing and agribusiness. Anthony is employed ay Apex Advisory Australia.
Tim Booker, Corporate Financial Advisory, Apex Advisory Australia
About the Presenter:
Tim Booker is Director, advisor, and business owner of Apex Advisory Australia. With a particular focus on assisting organisations facing financial or stakeholder difficulties, he helps navigate successful outcomes, bringing stakeholders on the journey. He has extensive experience in applying a commercial and pragmatic approach towards resolving operational and strategic issues. In recent years, Tim has worked on some of the largest restructures in Australia, including playing a senior role in the successful restructure and sale of Virgin Australia which went on to win the Global Turnaround of the Year award. Other recent engagements include lead advisor in a private hospital turnaround, lead transaction advisor to one of Tasmania’s largest trades businesses, and helping lead the successful turnaround and merger of a large Aged Care provider. Tim holds a Masters of Business Administration from UNSW, and has completed the Company Directors Course with the Australian Institute of Company Directors.
Jennifer O'Farrell, Barrister, Malthouse Chambers
About the Presenter:
Jennifer O'Farrell, Barrister, Malthouse Chambers. Ms O’Farrell joined the Tasmanian Bar in July 2023, after practising at Dobson Mitchell Allport and before that, at a national firm in Melbourne. She commenced her career as the Associate to Justice Middleton in the Federal Court of Australia. Jennifer has a broad litigation practice, including general commercial litigation, planning and administrative law and personal injury. She is on the Local Federal Court Users Group, and has recently been invited to join the Law Council of Australia's Class Actions committee, having been the junior barrister for the State on the Ashley Youth Detention Centre class action. She is also the Secretary and Treasurer of the Tasmanian Bar Council. Jennifer teaches the Civil Litigation course at the Tasmanian Legal Practice Course.
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About the Presenter: