Bankruptcy, Insolvency and Reorganization in 2025

Date: 5/27/2025
Time: 12:00 PM - 2:00 PM EST
CPE Credit: 2 hours

It is often necessary for accountants to assist their employer or client with bankruptcy issues. This course is designed for accountants who are working with or assisting clients going through a bankruptcy. With the global pandemic and economic shut down many accountants found themselves in this position. We will discuss the different types of bankruptcy cases and the roles for accountants in the bankruptcy process. This course will not provide legal advice, that is for the attorneys. It will discuss assisting clients with filing out financial reports for the bankruptcy trustee and court. We will also discuss some of the options for small businesses in bankruptcy to negotiate debts through a reorganization.

Topics Covered:
• Types of Bankruptcies
• Insolvency
• Alternatives to filing bankruptcy
• Accountants roles in bankruptcy

Learning Objectives:
• Identify an accountant’s role in the bankruptcy process
• Identify the various types of bankruptcy cases
• Identify possible alternatives to bankruptcy