In 2025, AIRA awarded 29 CIRA certifications for financial advisory in bankruptcy, restructuring, and turnaround practice areas.

On January 20, 2026, in Medford, Oregon, it was highlighted that providing financial advisory services in business turnaround, restructuring, and bankruptcy demands specific expertise and substantial experience. The American Insolvency and Restructuring Association (AIRA) was founded in 1992 and finalized the certification process for Insolvency and Restructuring Administrators. This certification has since become a renowned standard in the industry, with a growing number of professionals seeking this qualification to enhance their skills and credibility in the field.