CTP Accreditation

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About CTP Accreditation

The Certified Turnaround Professional (CTP) designation was introduced in the US in 1993 to create an objective measure of the experience, knowledge, and integrity that is necessary to conduct corporate renewal work.

In 2010, TMA Australia launched the first phase of its two part CTP certification specifically tailored to the Australian market - the Certified Turnaround Professional Associate (CTPA) program. The second phase of certification to qualify as a CTP will be launched in early 2013.

What is a Certified Turnaround
Professional Associate (CTPA)

CTPA designation is achieved through undertaking three individual courses equivalent to postgraduate level university subjects, that have been developed in conjuction with the University of Technology Sydney (UTS).  CTPA designation provides graduates with the evidence of an individual’s commitment to turnaround & corporate renewal and attesting to a specified level of expertise and graduates can apply to become a full CTP by demonstrating agrreed levels of turnaround experience.

What is a Certified Turnaround
Professional Associate (CTP)

CTP designation is the highest accreditation a
turnaround professional can achieve.
Qualified CTPA’s wishing to become a full CTP
will be asked to demonstrate a required amount of
turnaround experience, provide references,
comply with the prescribed Code of Ethics and
meet the ongoing CTP requirements in order to
maintain their CTP credential.

Become a CTPA

The CTPA Certification Programme
The Certified Turnaround Professional Associate (CTPA) certification program of TMA Australia has been developed with the support of University of Technology Sydney (UTS) specifically for the Australian market to offer corporate professionals solid foundations to operate successfully in the turnaround industry.

Tee CTPA program is the first of its kind in Australia and develops skills in leadership, legal and accounting aspects for turnaround situations. The CTPA certification programme requires the completion of 3 individual modules:

  • Strategic Management for Turnaround
  • Accounting for Turnaround
  • Law for Turnaround

Each course is approx. 40 hours in duration and is equivalent to a Postgraduate level University subject. 

Qualified CTPA’s wishing to become a full CTP will be asked to demonstrate a required amount of turnaround experience, provide references, comply with the prescribed Code of Ethics and meet the ongoing CTP requirements in order to maintain their CTP credentials.

In Association with UTS
All courses are prepared and presented by leading academics from the UTS Faculties of Business and Law and also utilises industry experts as guest speakers and lecturers.

UTS is a responsive and progressive university with a strong reputation and important role of providing courses to meet the demands of a changing business environment.  UTS has brought new business and professional partners into the higher education arena and, through the use of industry based, practical work and innovative teaching technologies, is challenging traditional approaches to teaching and learning for the professional disciplines.

 

Click here to be directed to details about the CTP Programme on the UTS website.

 

Strategic Management for Turnaround

This course helps bring greater strategy to
your Turnaround industry process

Advanced Turnaround Thinking
This course investigates how leaders fix troubled companies utilising real life Australian and international case studies including interviews with leading Australian turnaround practitioners and corporate bankers. Whilst it has deep academic underpinnings it is a highly practical course which uses field-tested frameworks and models that help show a step by step approach to leading turnarounds.

During this 5 day, intensive Executive Certificate Course, the facilitators will, discuss and use a range of exercises that will help you to better understand your own leadership style and recognise how to modify your style as the turnaround develops.
The program is enhanced with specialist presentations provided by leading industry practitioners.

Course Dates:
2013 course will take place in NSW & VIC only:

  • Sydney: 6, 7, 8 and 20 & 21 March 2013
  • Melbourne: 1, 2, 3 and 22 & 23 July 2013

All courses take place in CBD locations between 9am - 5.30pm.

Topics include:

  • Implications of a turnaround
  • Early warning signs of decline and failure
  • Facing up to the leadership challenges
  • The turnaround framework: The 7 key competencies
  • Five stages that proceed successful turnarounds
  • Crisis stabilisation and control
  • Identification and management of stakeholders
  • Addressing the strategic imperatives
  • Driving change in business processes
  • Financial restructuring and the role of experts
  • Contemporary legal issues regarding turnaround in Australia
  • Professional standards for the turnaround practitioner

Cost:
$2395 + GST per module
15% discount for 3+ enrolments from the same company
10% discount for UTS Alumni

Law for Turnaround

Law for Turnaround is a specialist course for those
working in the turnaround industry.

Law for Turnaround is a specialist course for those working in the turnaround industry. This 3 day course examines the legal issues involved with restructuring financially distressed companies.
Participants will gain knowledge on the legal issues that arise in contract, corporate, finance, taxation and property law during a turnaround. All of these aspects are relevant for developing a legally effective corporate re-organisation for distressed companies prior to the formal insolvency process.

The course provides the essential knowledge to help turnaround professionals understand the legal framework which affects every aspect of their role.

An interactive style of teaching with practical exercises is used to help ensure a greater understanding and the program is enhanced with specialist presentations provided by leading industry practitioners.

Course Dates:
2013 courses for NSW & QLD only:

  • Sydney: 2, 3, 4 October 2013
  • Brisbane: 6, 7, 8 November 2013

All courses take place in CBD locations between 9am - 5.30pm.

Topics include:

  • Legal issues for turnaround managers
  • Commercial law issues for turnaround managers
  • Corporate regulation
  • Tax and valuation issues
  • Identifying financial distress
  • Pre-restructuring issues
  • First steps – negotiating with shareholders
  • Developing a restructuring plan
  • Dealing with major lenders
  • Securing key contracts
  • Dealing with major creditors
  • Case studies

Cost:
$2395 + GST per module
15% discount for 3+ enrolments from the same company
10% discount for UTS Alumni

Accounting for Turnaround

The accounting process for Turnaround presents
unique financial circumstances to businesses

Accounting for Turnaround provides familiarity with the accounting processes and conventions essential to reviewing and managing business activities, especially those involved with the management of a firm being re-organised.

This 3 day  Course builds an understanding in accounting and uses the knowledge and concepts to create an awareness of how value is created within an underperforming business. The course provides case studies on Australian and international corporations examining why they have collapsed whilst others have been revived.

On completion, participants will understand the methods used by accountants to prepare statements; review business operations using financial statement analysis tools to explore and explain changes in the operating, investing and financing activities of the firm; through to applying various Business Valuation technologies for workouts and turnarounds and to understand the issues arising in their application in a turnaround context.

Course Dates:
2013 courses for Victoria only:

  • Melbourne: 9, 10, 11 September 2013

All courses take place in CBD locations between 9am - 5.30pm.

Topics include:

  • Information for decision making
  • Building & using an integrated model
  • Determining funding solutions
  • How to fund a turnaround
  • How to raise money
  • Financial statement ratios and value drivers
  • Forecasting
  • Valuation methods – different perspectives
  • Credit analysis
  • Reorganisation strategies
  • Reporting by entities in reorganisation

Cost:
$2395 + GST per module
15% discount for 3+ enrolments from the same company
10% discount for UTS Alumni

For more information please email:
info@turnaround.org.au

or visit the UTS website:
www.research.uts.edu.au/accessuts/tmacourses.html