When do you tell the board your company might be insolvent?
Most directors wait too long to raise a solvency concern. The gap between first suspecting something is wrong and making it a formal board conversation is where a significant amount of director liability gets created. Here's how to navigate it.
What I learned doing the AICD course while my company was in crisis
I did the AICD Company Directors Course in 2022 while the company I directed was in serious trouble. Sitting in those sessions while simultaneously trying to keep the ATO at bay gave me a perspective on governance that no classroom exercise could have manufactured.