Michael Jakolat Earns Certified Turnaround Professional Designation

Chicagoland resident Michael Jakolat has earned his CPT title. The designation, which provides an objective measure and recognition of expertise related to workouts, restructurings and corporate renewal, is the industry’s most recognized certification of experienced and skilled turnaround professionals.

[ClickPress, Wed Mar 01 2006] Michael Jakolat has been awarded the professional designation of Certified Turnaround Professional (CTP). Jakolat is Consulting Manager, Morris Anderson & Associates (www.morris-anderson.com), Des Plaines, IL and a member of the Turnaround Management Association (TMA) Chicago/Midwest Chapter.

The CTP designation provides an objective measure and recognition of expertise related to workouts, restructurings and corporate renewal. Applicants must meet specific standards of education, experience, and professional conduct. They must also successfully complete a rigorous examination that covers financial and managerial accounting and tax, turnaround and crisis management, and bankruptcy and UCC law. CTPs are required to participate in continuing-education programs to maintain their certification.

“The CTP designation is the industry’s most recognized certification of experienced and skilled turnaround professionals,” said ACTP Chairman Anthony M. Bergen, CTP. “It is a mark of distinction for professionals who have demonstrated their commitment to the corporate renewal industry and to a high standard of excellence and integrity.”

The Association of Certified Turnaround Professionals (www.actp.org) is an international nonprofit organization dedicated to developing, monitoring, and maintaining a program of certification for professionals engaged in the turnaround, crisis management, restructuring and renewal of troubled businesses, organizations and associations. It maintains its administrative headquarters at the Turnaround Management Association in Chicago. TMA (www.turnaround.org) is the premier professional community dedicated to corporate renewal and turnaround management. It has 7,000 members in 36 chapters worldwide.

Since 1980, Morris Anderson & Associates’ seasoned professionals have successfully provided strategic, financial and operational consulting to more than 1,400 underperforming and financially distressed businesses and their stakeholders, maximizing enterprise value.

Bookmark this release: Del.icio.us - Digg - Furl - Blinklist - Reddit