RITANZ - Becoming an Accredited Insolvency Practitioner

The Accreditation Framework is based on the consultation process undertaken with members in 2013, and stems from an initiative by RITANZ and Chartered Accountants Australia and New Zealand to implement self regulation to distinguish the quality of services provided by their Members; increase public confidence in the work of Members accepting insolvency engagements and align NZ's regulatory framework more closely with international best practice models.

The Accreditation Framework is designed to ensure that only those Members with the necessary qualifications, skills and experience can obtain the relevant accreditation to undertake Regulated Insolvency Engagements ('Accredited Status'). Members must be an approved RITANZ member before applying for accreditation through Chartered Accountants Australia and New Zealand who manage this process on behalf of RITANZ.

Becoming accredited allows you to use an insolvency practitioners designation and to be listed on a public register of accredited insolvency practitioners.

Accredited insolvency practitioners are subject to a code of ethics, rules and standards, ongoing competency requirements, reviews and a disciplinary process.

It is important to note that RITANZ members who undertake Regulated Insolvency Engagements must also obtain Accredited Insolvency Practitioner Status in order to continue to take appointments and comply with the Rules and By-Laws of RITANZ.

Accredited Status - Who can apply?

NZ resident members of Chartered Accountants Australia and New Zealand, non-member principals of NZICA and RITANZ members who meet the accreditation criteria may apply.

Full details are provided on the website for Chartered Accountants Australia and New Zealand:

Information on becoming an Accredited Insolvency Practitioner

See link to the application form on the Chartered Accountants Australia and New Zealand website below:

AIP Application Form