Liquidation

Liquidation is a financial and legal process where a company's assets are accounted for and disbursed to satisfy obligations to creditors and shareholders. Coursera's Liquidation catalogue teaches you about the procedures and laws that govern this process, the role of a liquidator, and the implications for stakeholders. You'll learn about different types of liquidation, from compulsory to voluntary, and gain a deep understanding of the order of payments, understanding financial statements, asset realization, and the impact of liquidation on a company's operations and reputation. This knowledge will equip you to navigate corporate financial challenges, whether as a business leader, financial advisor, insolvency practitioner, or a student of business or law.