Business Rescue PractitionerAssociate
Restructuring of companies in financial distress is on the increase globally. In line with this trend, Chapter 6 of the new Companies Act, No. 71 of 2008 (the Act) introduces business rescue to the South African business landscape.
Standard: To qualify as a Business Rescue Practitioner), an individual needs to comply with all the academic, practical and assessment requirements specified below.
Recognition of prior learning (RPL): Individuals who have acquired sufficient technical knowledge and practical competencies can qualify through a Recognition of Prior Learning (RPL) process. The RPL process considers work experience and skills gained before, during or after academic studies, and both formal and informal learning is measured, mediated for recognition, and certified against the SAIPA Competency Framework.
- A short learning certificate in business rescue
- SAIPA member in good standing
- Professional Accountant (SA) and/or Professional Business Advisor (SA) and/or Professional Tax Practitioner (SA) and/or Professional Tax Specialist (SA) designation
- Detailed CV reflecting verifiable experience in business rescue, business turnarounds, or liquidations
- Business Rescue Practitioner (BRP) recognition letter from SAIPA. This is a Letter of Good Standing (LOGS) unique to Business Rescue as part of an application to CIPC for the Business Rescue Practitioner License.
The level of experience and competence may provide mobility and articulation opportunities for members across SAIPA designations and/or specialisations
Access to member benefits
Additional optional specialisations available