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CIRA (Certified Insolvency and Restructuring Advisor)

The only US-specific bankruptcy/restructuring credential; deeply embedded in Chapter 11 advisory practice and the restructuring specialist community.

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Fundado

1992

Sede

Medford, OR, USA

Público objetivo

Bankruptcy and restructuring professionals — financial advisors, accountants, lawyers, turnaround managers — practicing in Chapter 11, distressed M&A, and corporate workouts.

Características principales

  • Three parts: Part 1 (Managing Turnaround/Bankruptcy Cases), Part 2 (Plan Development), Part 3 (Financial Reporting, Taxes & Ethics)
  • Each part: 40-50 MCQ + multi-part essay, 4 hours
  • AIRA-required coursework prerequisite: 60 hours of CIRA-related courses before sitting for exams (~$3500-$5000)
  • Required: 5 years of professional experience in insolvency/restructuring + 4 cases experience
  • 30 hours of CPE every 3 years for renewal
  • ~1,000 active CIRAs in the US (highly specialized credential)

Cómo obtener esta certificación

Prerrequisitos

Active CPA, CFA, CTP, JD, or MBA OR 5+ years experience in business turnaround/insolvency advisory + 4 documented cases. AIRA membership required.

Por qué certificarse — ROI

Impacto salarial

CIRAs in advisory roles earn $150,000-$300,000+ total compensation at restructuring boutiques and Big-4 turnaround practices; CIRA premium difficult to isolate from base restructuring-advisor pay.

Beneficios profesionales

Lo que la distingue
The only US-specific bankruptcy/restructuring credential; deeply embedded in Chapter 11 advisory practice and the restructuring specialist community.
Reconocimiento del sector
AIRA proprietary; recognized in US bankruptcy court appointments and creditor-committee advisory roles.

Quién debería obtener esta certificación

Ideal para:

  • Bankruptcy and restructuring professionals — financial advisors
  • accountants
  • lawyers
  • turnaround managers — practicing in Chapter 11
  • distressed M&A
  • and corporate workouts.

Considere alternativas si:

  • Extremely niche — relevant only to bankruptcy/restructuring/turnaround practice
  • Small community (~1,000 holders) limits broader visibility

Cómo mantener esta certificación

Ciclo de renovación:
3 años

Precios

Los precios varían.

Debilidades

  • Extremely niche — relevant only to bankruptcy/restructuring/turnaround practice
  • Small community (~1,000 holders) limits broader visibility
  • High total cost ($5,500-$7,500) for narrow scope
  • Active cyclicality — credential demand correlates with recession/distressed-cycle timing

Mercados disponibles

US

Sitio web oficial →

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