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Surrey, Surrey

Ref 215303611

Posted 24 days ago

Frequently Asked Questions:

How many Insolvency Practitioner jobs are available on Pertemps?

There are 1 Insolvency Practitioner jobs available on Pertemps right now.

What does a Insolvency Practitioner do?

Insolvency Practitioners (IP) are licensed and authorised to act in relation to an insolvent individual, partnership or company. Most IPs are accountants or insolvency specialists working in firms of accountants. The primary function of an Insolvency professional is to assess the financial position of the company, partnership, LLPs, individual etc.; they also ensure the smooth process of its dissolution.

Tasks required include:

  • Plans and oversees implementation of accountancy system and policies.
  • Prepares financial documents and reports for management, shareholders, statutory or other bodies.
  • Audits accounts and book-keeping records.
  • Prepares tax returns, advises on tax problems and contests disputed claim before tax official.
  • Conducts financial investigations concerning insolvency, fraud, possible mergers, etc..
  • Evaluates financial information for management purposes.
  • Liaises with management and other professionals to compile budgets and other costs.
  • Prepares periodic accounts, budgetary reviews and financial forecasts.
  • Conducts investigations and advises management on financial aspects of productivity, stock holding, sales, new products, etc.
What are the entry requirements for a Insolvency Practitioner?

Entrants usually possess a degree or equivalent qualification. Apprenticeships are also available. To qualify as an accountant, entrants must undertake a period of training within an approved organisation and successfully complete professional examinations. Exemptions to some professional examinations are available to those with appropriate academic qualifications.

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