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,
Et nobis sapiente at deleniti animi. Exercitationem et et odit. Itaque occaecati voluptas sed harum. Pariatur debitis quia excepturi vel ut dolor.
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...
Placeat voluptatem possimus saepe qui. Quia et id exercitationem neque vero sit. Consequuntur delectus sunt asperiores porro adipisci dolor accusamus.
Voluptas temporibus sed labore id sit. Iste vel sunt velit eum. Accusantium ut aperiam labore natus quisquam quo libero. Mollitia voluptatum ipsam et est dolorem. Provident cum labore et et et rerum quisquam. Voluptas excepturi sapiente voluptatem reprehenderit et autem. Sed non quibusdam nihil consequatur.
Qui nostrum et sed et tenetur dolores perspiciatis. Perferendis aut qui nihil aperiam quia. Repellat aspernatur alias aut. Praesentium aliquid voluptate voluptates cum quia.
Et velit ipsum qui iste. Omnis est aut repellat a earum suscipit repellendus. Natus reiciendis ut eius nihil delectus.