Directors Update – Going Concern & Insolvency tests and why they matter

This webinar will provide directors with clarity on trading while insolvent and other related definitions. It will cover key insolvency tests, including the balance sheet and cash flow tests, highlighting the reasonable assumptions directors can make about cash flow projections. Attendees will learn how to assess financial health, make informed decisions, and understand their obligations when facing financial challenges.

This webinar provides one-hour of CPD and forms part of the 2025 Directors Structured Training Programme, delivered by Heather-Anne Hubbell.

Delegates places are interchangeable with colleagues from the same organisation.

Content

• Trading while insolvent/ other definitions

• What does this mean?

• What to do when you can’t pay the bills

• Next steps

• Different tests – various tests (English tests versus Jersey tests)

• Balance sheet insolvency versus cash flow insolvency

• Cash flow insolvency and reasonableness of directors' decisions

• What are reasonable assumptions for directors to make around cash flow projections

Presenter

Heather-Anne Hubbell Expert Trainer at the School of International Financial Services School

Heather-Anne is a serial entrepreneur, with business experience as a lawyer, banker and consultant. She has an extensive legacy in financial services, strategic planning, digital transformation and corporate governance. Experienced at providing board-level management information to group and risk audit committees, her expertise is underpinned with experience as private practice lawyer, in-house counsel, and Director & Company Secretary of companies in Canada, the UK and Jersey. Heather-Anne has leveraged 35+ years of experience to create Phundex, a digital solution to finding innovative ideas, digitally facilitating the investment due diligence process, bringing investment opportunities to market faster, and then administering and reporting to management, investors, and regulators.

View the full programme

This webinar forms part of the 2025 Directors Structured Training Programme. 

All webinars can be booked individually, or you can book the entire programme for a discounted cost.

January - July 2025

September - December 2025