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Topic: Insolvency
Insolvency laws are very strict in Australia, meaning companies and directors need to understand their financial position
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New insolvency law reforms for SMEs
1 February 2021 | Zilla Efrat
An overhaul of Australia’s insolvency framework is a lifeline for small businesses struggling to survive the economic impact of COVID-19. Here's what directors need to know.
Insolvency
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What SME directors need to know about new insolvency reforms
30 October 2020 | Christie McGrath
AICD senior policy adviser Christie McGrath outlines new measures to help small businesses navigate insolvency and temporary safe harbour relief.
Insolvency
SME
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Making the hard decisions when confronting insolvency
1 September 2020
From selling assets to appointing an administrator, Michael Sloan and Gayle Dickerson, directors of Turnaround Management Association, share key decision points for directors.
Insolvency
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When is the right time for distressed companies to restructure?
1 August 2020 | Zilla Efrat
Corporate insolvency expert Stephen Parbery shares vital insights for directors confronting the rising insolvency risks.
Insolvency
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3 insolvency stages to watch for
1 July 2020 | Zilla Efrat, Narelle Hooper MAICD
With more SMEs and NFPs under financial stress, directors must be alert to the signs of insolvency.
Insolvency
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Assessing going concern for financial statements
1 July 2020 | David McElrea
Directors must be confident their enterprise can continue operating into the foreseeable future when preparing to sign off financial statements.
Insolvency
Financial Reporting
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Letter to ACNC re. insolvent trading relief
4 June 2020
On 21 May, the AICD sent a letter to the ACNC Commissioner noting our concern with the ACNC’s requirement that a charity which is trading while insolvent is still required to notify its members and th...
COVID-19
Insolvency
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Insolvency fears front of mind for organisations during COVID-19
1 June 2020
As Australian businesses continue to grapple with reduced revenue and strategic uncertainty, boards should be alert to changing financial risks.
Insolvency
COVID-19
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AICD submission to the Senate Select Committee
28 May 2020
On 28 May 2020, the AICD made a submission to the Senate Select Committee on COVID-19. The submission focuses on the AICD’s current perspective on regulatory and reform priorities to accelerate ...
COVID-19
Regulation
Not-for-Profit
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AICD welcomes COVID-19 stimulus, regulatory relief
22 March 2020
The AICD has strongly welcomed the government's package of measures to support organisations through the COVID-19 crisis.
COVID-19
Government
Insolvency
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