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Corporate recovery is the practice of working with a company facing financial and other difficulties in order to return the company to a safe financial situation to allow it to continue trading.
Corporate recovery specialists are usually qualified accountants working as licensed insolvency practitioners whose services are requested by the board of directors of the company facing serious financial problems and the possibility of being unable to trade.
Corporate recovery specialists are qualified financial specialists. To be a licensed insolvency practitioner you must also pass the exams administered by the Joint Insolvency Examinations Board (JIEB).
Recent salaries advertised on TopFinancialJobs (November 2009) include:
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