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SMU-IPAS Advanced Certificate in Insolvency and Restructuring Module 9: Managing Insolvencies and Risk Management

  • Finance & Investment
  • Legal
Next Intake: 28 Oct 2026 (Wed)
  • Basic
  • SkillsFuture
  • Short Courses
  • This module is part of SMU-IPAS Advanced Certificate in Insolvency and Restructuring

This module is conducted in-person.

To use your SkillsFuture Credit, please submit your claim through our payment portal. Do not submit the claim manually via the SkillsFuture page. Please refer to our step-by-step guide here.

Next course starts on
28 Oct 2026 (Wed) See Full Schedule
Fee
SGD1,090* (as low as SGD390 after maximum funding) Learn More
Duration

2 weeknights (7pm - 11pm)

Level
Basic

Who Should Attend

  • Accountants and lawyers pursuing R&I practice or mid-career accountants/lawyers from other specialisations
  • Restructuring/Financial Advisers
  • Bank/Lender work-out groups


PREREQUISITES

Participants should preferably be a degree holder, in any discipline, and have at least one year of working experience.

Overview

This module deals with the practical aspects of managing risks in the context of insolvency laws which insolvency practitioners (IPs), such as accountants and lawyers, face when they are appointed. Whilst those laws include issues such voidable transactions that arise in insolvencies and which are covered by other modules, the focus of this module is not on the substantive issues of law and practice but more on how to manage these risks in a practical context. This module also covers regulatory aspects in the course of managing restructurings and insolvencies.
Programme Partner

Learning Objectives

At the end of the module, participants will be able to:

  • Appreciate the considerations of the IPs in a restructuring or insolvency engagement
  • Understand the typical operational challenges faced by the IPs in insolvency and restructuring engagements
  • Assess the situations and apply the applicable legal principles to be adopted in addressing these situations
  • Understand the regulatory and reporting obligations for the IPs
  • Understand the practical steps that can be taken to manage personal liabilities for the IPs
  • Understand how to approach remedies that should be pursued against directors and third parties in relation to voidable transactions

Assessment

As part of the requirement for SkillsFuture Singapore, there will be an assessment conducted at the end of the course. The mode of assessment, which is up to the trainer’s discretion, may be an online quiz, a presentation or based on classroom exercises.

Participants are required to attain a minimum of 75% attendance and pass the associated assessment in order to receive a digital Certificate of Completion issued by SMU Academy.

 

CPD POINTS

Participants will be able to earn 6 CPD Points awarded by Singapore Institute of Legal Education for this course.

Participants who wish to obtain CPD Points are reminded that they must comply strictly with the Attendance Policy set out in the CPD Guidelines. For this activity, this includes signing in on arrival and signing out at the conclusion of the activity in the manner required by the organiser, and not being absent from the entire activity for more than 15 minutes. Participants who do not comply with the Attendance Policy will not be able to obtain CPD Points for attending the activity. Please refer to www.sileCPDcentre.sg for more information.

Fee Table

EMPLOYER-SPONSORED

PARTICIPANT PROFILE

SELF-SPONSORED

SME

NON-SME

Singapore Citizen < 40 years old

Permanent Resident

LTVP+

$590

(After SSG Funding 50%)

$390

(After SSG Funding 50%
+ ETSS Funding 20%)

$590

(After SSG Funding 50%)

Singapore Citizen ≥ 40 years old

$390

(After SSG Funding 50%
+ MCES Funding 20%)

$390

(After SSG Funding 50%
+ ETSS Funding 20%)

$390

(After SSG Funding 50%
+ MCES Funding 20%)

International Participant

$1,090

(No Funding)

$1,090

(No Funding)

$1,090

(No Funding)

All prices include 9% GST

Please note that the programme fees are subject to change without prior notice.

Post Secondary Education Account (PSEA)
PSEA can be utilised for subsidised programmes eligible for SkillsFuture Credit support. Click here to find out more.

Self Sponsored

SkillsFuture Credit

Singapore Citizens aged 25 and above may use their SkillsFuture Credits to pay for the course fees. The credits may be used on top of existing course fee funding.

This is only applicable to self-sponsored participants. Application to utilise SkillsFuture Credits can be submitted when making payment for the course via the SMU Academy TMS Portal, and can only be made within 60 days of course start date.

Please click here for more information on the SkillsFuture Credit. For help in submitting an SFC claim, you may wish to refer to our step-by-step guide on claiming SkillsFuture Credits (Individual).

Workfare Skills Support Scheme

From 1 July 2023, the Workfare Skills Support (WSS) scheme has been enhanced. Please click here for more details.

Employer Sponsored

Enhanced Training Support for SMEs (ETSS)

  • Organisation must be registered or incorporated in Singapore
  • Employment size of not more than 200 or with annual sales turnover of not more than $100 million
  • Trainees must be hired in accordance with the Employment Act and fully sponsored by their employers for the course
  • Trainees must be Singapore Citizens or Singapore Permanent Residents
  • Trainees must not be a full-time national serviceman
  • Trainees are eligible for ETSS funding only if their company's SME status is approved prior to the course commencement date. To verify your SME's status, please click here. 

Please click here for more information on ETSS.

Absentee Payroll

Employers who sponsor their employees for the course may apply for Absentee Payroll here. For more information, please refer to:

AP Guide (Non-SME Companies)
Declaration Guide (SME Companies)

Intake Information

Dates
28 & 29 Oct 2026 (Classroom Facilitated Training)
[Open for Registration]

*Registration will close 5 calendar days before the course start date, or once the class is full, whichever comes first.

Trainers

Yessica Budiman
Co-Founder
AAG Corporate Advisory Pte Ltd
Yessica Budiman
Co-Founder
AAG Corporate Advisory Pte Ltd

Yessica brings more than 18 years of experience in liquidation, judicial management, receivership, schemes of arrangement, and special and monitoring accountant assignments. She is a licensed Insolvency Practitioner and has been appointed to oversee numerous corporate and personal insolvency administrations. She also has experience in forensic accounting and debt restructuring engagements.

Her experience spans a broad range of industries, including construction, chemicals, oil and gas, manufacturing, telecommunications, retail, and hospitality. She has been involved in complex engagements involving business reviews, financial analysis, cash flow and budget monitoring, stakeholder negotiations, and corporate restructuring and insolvency matters. She has worked closely with creditors, directors, employees, investors, and government authorities in the administration of complex insolvency and restructuring engagements.

Darius Tay
Partner
Bird & Bird ATMD LLP
Darius Tay
Partner
Bird & Bird ATMD LLP

Darius Tay is a restructuring and insolvency lawyer specializing in finding bespoke solutions for clients in special situations. His practice covers both contentious and non-contentious work, such as acting for debtors in complex multi-jurisdictional restructuring, helping creditors create strategies to maximise recoveries in complex multi-jurisdictional insolvencies, and finding solutions for disputes between shareholders, creditors and stakeholders inter-se. He also advises on financing, mergers and acquisitions and corporate restructuring (in court and out of court) in distress/special situations.

Darius has worked on and completed multiple complex cross border restructuring on behalf various stakeholders including debtors, creditors and new money investors.

He has experience in shipping, offshore oil and gas, logistics, fast-moving consumer goods, banking, telecommunication, hospitality, and human resources.

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