Course purpose
This course introduces forensic-accounting work when an entity is financially distressed, insolvent, restructuring, in bankruptcy or subject to another collective creditor process. It shows how to connect legal authority, books and records, cash flow, assets, liabilities, creditor claims, related parties and pre-proceeding transactions into a controlled evidence model. Learners distinguish business distress, going-concern uncertainty and legally defined insolvency; trace omitted or transferred assets; test claims and preferences; quantify supported estate effects; and communicate findings to the authorized officeholder or decision-maker. The course does not determine insolvency, avoidance, priority, ownership, liability or recovery rights. Those conclusions depend on current law, the court or tribunal, the appointed officeholder and qualified legal, valuation, tax and industry specialists.
Learning outcomes
By the end of this course, you should be able to:
1. Map an insolvent or distressed entity’s authority, stakeholders, records, cash flows, assets, liabilities and creditor claims into a controlled evidence model.
2. Test related-party dealings, claims, asset transfers, receipts, write-offs and other transactions for supported exceptions and financial effects.
3. Report traceable findings, limitations and recovery or control options while preserving estate value, due process and jurisdictional boundaries.
FCPA CPD
