Insolvency Practitioner

Insolvency Practitioner
An insolvency practitioner is a qualified professional tasked with handling financial instability and administration processes such as liquidation, administration, or voluntary arrangements.
Liquidator
A person appointed to manage the winding-up process of a company, ensuring orderly asset distribution to creditors and members.
Voluntary Arrangement: Company and Individual
A detailed examination of Company Voluntary Arrangements (CVA) and Individual Voluntary Arrangements (IVA) as defined under the Insolvency Act 1986, including their objectives, processes, and key differences.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.