Worrells Regional QLD Seminars

The Strand Hotel - 2 Normanby St, Yeppoon
Registration link
Event planner
Tawa Scott

Working the balance sheet: Give me my money, please!

So here we have it, several months have passed in this COVID-19 environment and money is becoming harder to come by. It raises the question: How well do you really know your balance sheet? How can you extract any cash out of the items that sit within it and how accurate are they in value? This brings us to the next Worrells presentation topic, which is somewhat eloquently titled Working the balance sheet:“Give me my money, please!”.

The presentation gives a comprehensive review of probably one of the most important, yet most misunderstood parts of a business’s balance sheet: its debtors. Join us to get the information you need to help support your clients’ business, which includes:

1. Assessing debtors and what we see in insolvent companies.
2. Issues with debt collection through the COVID-19 period and beyond.
3. Red flags in the debtor’s ledger and how to identify them.
4. The debt collection process, negotiating tips and insights into ways to collect your money.
5. How to wind up a debtor company or bankrupt an individual (if required).
6. Accountants and lawyers: What can you do to position yourself to get paid.


Michael Beck

Michael joined the firm in May 2015 as manager of our Central Queensland office and became a partner on 1 July 2018. Michael is originally from Rockhampton and has over 10 years insolvency experience during which he has worked on both corporate and personal insolvency matters across various industries and has been involved in a number of insolvency investigations and large litigation matters. Michael has degrees in both Business Management and Accounting from Central Queensland University, is a qualified CPA and is a professional member of the Australian Restructuring Insolvency Turnaround Association.