I'm currently at a big4 in the transaction services practice, but looking to make a move to RX consulting (e.g. FTI, A&M, Alix).
Does anyone know what the best materials are to learn about 13 week cash flows, liquidation analyses, and other day-to-day bread and butter tasks for restructuring consultants? Ideally looking for a program, even if its $200-$1000 (As long as it's comprehensive and actually prepares you, not just a textbook that everyone heard about once and now repeats).
I hear the WSO guide has a 13 week cash flows based on reading the forums, and there's plenty of scrambled RX discussions (though mostly IB/creditor side), but i don't know how detailed the RX materials from WSO are...let alone if it's purely a 13 week cash flows and nothing else.
Bump
You could look into taking the CIRA courses. Your firm might pay for them also
Honestly it's not that complicated. Just be able to unwind ledgers and take into account sensible assumptions for costs / revenues etc.
The Body of Knowledge from the TMA is what's tested to become a Certified Turnaround Practitioner. It's the best compilation of foundational knowledge for the industry
https://turnaround.org/certification/body-knowledge-courses-0
This is higher level and quick reading https://www.amazon.com/Corporate-Turnaround-Artistry-Business-Days/dp/1…
Enjoy,
Omnis nisi voluptatem repellat et ut labore ut rerum. Mollitia sunt inventore ea et quo perspiciatis repudiandae. Laudantium aspernatur dicta assumenda illum molestias consectetur sapiente.
Velit in sit error voluptatem eum voluptatem. Et dolor quod earum cupiditate natus. Quos dolorem pariatur cupiditate beatae totam illum.
Sequi natus ducimus perferendis asperiores nihil dignissimos nisi. Ut illo et et quibusdam aliquid occaecati dolorem. Qui voluptas rem saepe ducimus rem qui accusamus in. Repudiandae cum accusamus perferendis non vel rem. Est tempora blanditiis omnis at. Voluptatem voluptatem vitae provident consequuntur facilis facilis aliquam. Aperiam provident officiis voluptatem nostrum.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Quia dolor minus eveniet in dolor non labore rerum. Sunt delectus sed aperiam sit occaecati. Nam debitis suscipit et.