December 2004/ January 2005

Letter from the Executive Director   Grant W. Newton, CIRA, CMA, CPA, Ph.D., Professor of Accounting, Pepperdine University

AIRA is one of several professional associations that are members of INSOL International. The following article from th e President of INSOL invites our members to attend The Seventh INSOL Quadrennial Congress.

Grant W. Newton, CIRA
Executive Director

The Seventh INSOL Qaudrennial Congress, 13th-16th March 2005, Sydney, Australia
Register on line at www.insol.org

By Robert S. Hertzberg
President of INSOL International

It is now only three months to INSOL 2005 we hope you will be able to join us in Sydney. We are pleased to let you know that the Welcome Cocktail Reception will be held at the Overseas Passenger Terminal. This is situated on Circular Quay directly opposite the Sydney Opera House. This venue gives you a superb view of the harbour. There are many restaurants in the area and I am sure many of you will have a leisurely dinner after meeting old friends and new at the reception.

The Technical programme, as you will see in the registration brochure, follows a chronological path of the issues that we face in dealing with troubled companies. We hope that you will find of interest some of the more fringe issues which are becoming of increasing importance, for example the session on Media Issues. The Stress Management Session should be particularly lively as we have a number of interesting guest speakers, including Dr Feelgood and Kieren Perkins. Dr Feelgood, aka Dr. Sally Cockburn is Australia’s leading health communicator. She has had regular radio and TV slots since 1990 and discussed issues as far ranging as pillowtalk to health issues. Kieren Perkins will be known to Australians as the holder of eighteen Australian swimming records, three world records and three Commonwealth records plus winning an Olympic Gold medal in 1996.

In addition to the main programme, we have a number of ancillary meetings that we would encourage you to attend. Particularly, we have developed a special half-day to cover smaller practice issues as we recognise that a large number of our members are sole practitioners. Individual programmes for the open Ancillary meetings are available to view on our web site at www.inso.org or we can e-mail them to you on request.

To complete the technical programme we end with our Farewell Dinner, which will take place at the Convention Centre and will be a superb evening.

On the 17th March Deacons are sponsoring an INSOL 2005 Golf Tournament and details of that are also in the brochure. It looks like being a great day out. Numbers will be limited and so its first come first served so to guarantee your place please get in touch with them.

We would also like to thank all our sponsors for their support of this event:
Main Sponsors: BMC Group, Clayton Utz, Kroll /Ferrier Hodgson, Financial Times, Allens Arthur Robinson, Begbies Traynor, Blake Dawson, Coudert Brothers LLP, Foley & Lardner, Henry Davis York, Kennedy Strang, Litigation Lending Services, PricewaterhouseCoopers, RSM Corporate Advisory Services, The Turnaround Management Association, Australia Chapter.

Grant is the Executive Director of the Association of Insolvency and Restructuring Advisors. He developed the three courses that lead to the Certified Insolvency and Reorganization Accountant (CIRA) designation. Grant teaches the three two-day CIRA courses and develops and administers the CIRA examination.

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AIRA News is published six times a year by the Association of Insolvency and Restructuring Advisors, 221 Stewart Avenue, Suite 207, Medford, OR 97501. Copyright 2004 by the Association of Insolvency and Restructuring Advisors. All rights reserved. No part of this newsletter may be reproduced in any form, by xerography or otherwise, or incorporated into any information retrieval systems, without written permission of the copyright owner.