Certified Insolvency & Restructuring Advisor

Monday-Wednesday, June 6-8, 2011

8:30am - 5:30pm

Part 1 - Managing Turnaround and Bankruptcy Cases

  • Financial statement analysis of troubled companies
  • Causes of business failures
  • Profitability Improvements Including outsourcing
  • Turnarounds and workouts
  • Stages of turnaround process
  • Operational/strategic issues
  • Dealing with creditors and their committees
  • Pre-bankruptcy planning
  • Managing bankruptcy cases
  • Special investigations including preferences and fraudulent transfers
8:30am - 5:30pm
8:30am - 11:30am
Wednesday, Exam

Also Included

12:00-1:30pm Luncheon Program with keynote speaker Daniel M. Glosband, Partner, Goodwin Procter
1:30-5:15pm Afternoon presentations for either the Bankruptcy Taxation or Financial Advisors Toolbox
6:30-8:00pm AIRA's 27th Annual Conference Opening Reception

To register for this course, contact Terry Jones, CIRA Director, at (541) 858-1665, or register online here ».

Objective of CIRA Program To recognize by public awareness and certification, individuals who possess a high degree of specialized professional, financial and operational expertise in the area of distressed and insolvent business. Such expertise includes accounting, operations, managerial strategies, taxation and finance issues related to business bankruptcy and insolvency.

Course and Examination Format
The CIRA course of study is divided into three parts:

Part 1: Managing Turnaround and Bankruptcy Cases
Part 2: Plan Development
Part 3: Accounting, Financial Reporting and Taxes (Part 3 may be taken before Parts 1 and 2)

The study course, one for each part, involves advance preparation (10-15 hours of reading) and a two and one-half day course with a three-hour examination given during the last day of the course.

Requirements for Certification
In order to enroll in the program, including the course of study and the examination, the candidate must

  1. Be a regular member of AIRA in good standing.
  2. Possess at least a bachelor's degree from an accredited college or university.

To receive the certification, the following additional requirements must be met:

  1. Completion of five years of accounting or financial experience.
  2. Completion of 4,000 hours, within an eight-year period ending no earlier than the exam completion date, of specialized business turnaround, restructuring and bankruptcy experience.
  3. Completion of the course of study and passing of all three parts of the uniform written examination within a three year period.
  4. Pledging of oath regarding professional standards.
  5. Three letters of reference (excluding candidate’s current employer or other members of candidate’s firm) attesting to character, professional experience and specialized expertise.

Continuing Education Requirements
Participants may receive 24 hours of CPE credits for each part of the CIRA course and examination. In accordance with the standards of the National Registry of CPE Sponsors, CPE credits have been granted based on a 50-minute hour. To maintain your certification, you are required to complete 60 hours (20 hours per year) of continuing professional education (CPE) credits related to turnaround, restructuring and bankruptcy within each successive three-year period.

Fees and Refunds Registration fee for each part is $650. The fee for government employees is $275. A full refund or credit will be made for parts that are cancelled 10 business days before the part begins if all materials sent in advance of the course are returned. For parts cancelled with less than 10 business days notice, credit toward a future part will be granted less a $75 service charge per part. For parts cancelled with less than 3 business days notice, credit toward a future part will be granted less a $150 service charge per part.

Register Now


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Boston, MA 02210
Front Desk: +1-617-7471000
Fax: +1-617-2175190

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From its lovely sailboat-dotted harbor to quaint historic neighborhoods to panoramic skyline scenes, Boston is an exciting destination city where business and pleasure are a natural combination. Although it is a contemporary center of finance and technology, the site of Paul Revere’s midnight ride and the Boston Tea Party beckons visitors to experience 18th century steeples, Beacon Hill (the best of America's exquisite neighborhoods) and the famous 2.5 mile pedestrian Freedom Trail. Historic treasures abound: King's Chapel, site of the Boston Massacre, Paul Revere's home, The Granary Burying Ground, the Quincy Market, the Old Corner Bookstore, the USS Constitution, and Bunker Hill Monument. AIRA’s Annual Conference program includes an exciting selection from Boston’s many cultural, recreational and geographic opportunities. Conference activities »

Sponsorship Opportunities

Sponsorship with the AIRA provides exposure and visibility to the decision making experts in the insolvency and restructuring field.  

A variety of sponsorship opportunities are available, please click here »

To discuss available opportunities contact, Cheryl Campbell at ccampbell@aira.org.

National Registry of CPE Sponsors

"Association of Insolvency and Restructuring Advisors" is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.