Specialised Service
What Is an Insolvency Practitioner?
An insolvency practitioner is a registered professional authorised to provide independent advice and administer formal insolvency processes under Australian law.
Insolvency practitioners play a critical role in assessing solvency, advising directors on their legal obligations, and ensuring that insolvency processes are conducted properly, transparently, and in accordance with statutory requirements.
At AS Advisory, our insolvency practitioners work with company directors, individuals, and professional advisors to provide clear, objective guidance during periods of financial uncertainty.
Confidential discussion. No obligation.
How We Help
The Role of an Insolvency Practitioner
Assess Solvency
Explain Duties
Formal Administration
Critical Timing
When Is a Practitioner Required?
The company is unable to pay its debts as they fall due.
There is concern about imminent insolvent trading risk.
A formal insolvency process is being considered or initiated.
Creditors or regulators require formal oversight.
Registration and Professional Standards
Registered & Authorised
Independent & Objective
Statutory Compliance
Regulatory Oversight
Coordination
Working alongside your existing advisors.
- Company directors and shareholders
- Accountants and bookkeepers
- Legal advisors
- Creditors and stakeholders
Frequently Asked Questions
Is an insolvency practitioner the same as a liquidator?
Do insolvency practitioners only become involved after insolvency? No. Insolvency practitioners are often consulted before formal insolvency to assess solvency and explain available options.
No. Insolvency practitioners are often consulted before formal insolvency to assess solvency and explain available options.
Are insolvency practitioners independent?
Yes. Insolvency practitioners are required to act independently and in accordance with statutory obligations.
Are discussions with an insolvency practitioner confidential?
Do insolvency practitioners provide legal advice?
Need clarity on your position?
If you are uncertain about solvency, director obligations, or whether an insolvency practitioner is required, a confidential discussion can help clarify your position.