The pandemic has hit sectors such as retail, travel, hospitality and the arts particularly hard and businesses which found themselves struggling pre-pandemic are now facing, at best, a crisis in their future viability, and at worst, having to contemplate a formal insolvency procedure, administration or liquidation.But what are the duties of a finance leader during this turbulent time and how can you be best prepared to face such challenges?
This session will look at the additional responsibilities of finance leaders during this challenging time. We will hear viewpoints from two speakers; the first speaker has been instrumental in the turnaround of a business that through necessity went through a Company Voluntary Arrangement and successfully emerged and continues to trade to this day, despite the challenges of the pandemic. Tyrone Courtman FCA, Partner at RSM Restructuring Advisory LLP is our second speaker and will be detailing his experiences of working with businesses that are struggling during this time.
During the second half of the session participants will break into two chat rooms chaired by Tyrone Courtman and Sophie Dale-Black, Regional Director, ICAEW Midlands.
Chat room 1: Preparing for the potential adverse financial impact of Covid
Chat room 2: Managing the finances of a business operating in the twilight of insolvency
Contact: Rebecca Salari, ICAEW Midlands Senior Regional Executive
Should you experience any difficulties booking onto the event, please click here.
Tyrone is a Chartered Accountant (1986), a fellow member of ICAEW, and a Licensed Insolvency Practitioner (1989). He is a partner in RSM Restructuring Advisory LLP. He has extensive (over 30 years) experience advising lenders, corporate’s, distressed investors and individuals in complex financial restructuring and recovery situations across a broad wide of industry sectors and jurisdictions.
Tyrone is well known within the UK Restructuring community, and is currently President of ICAEW Leicestershire and Northamptonshire District Society of Chartered Accountants. Tyrone is also a member of the TMA Global Board of Trustees and a member of the TMA Europe Board.
He is immediate past Chairman of the ICAEW Restructuring and Insolvency community, He is a past President of the Turnaround Management Association (UK) (2008 and 2009) (see www.tmw-uk.org), and founding past President of the European Association of Certified Turnaround Professionals (www.EACTP.eu)
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