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Home Specialist skills Commercial Credit Risk Part 1: Using financial accounts in credit management

Credit Risk Part 1: Using financial accounts in credit management

Improve your familiarity and interpretation of key financial categories within business accounts
More comfortable and knowledgeable about credit vetting, risk management and the content of financial statements

Overview

Off the shelf (OTS)

Useful to anyone who has operational or managerial oversight of credit vetting and risk management. It can work as a single session, and forms part of the 3-component credit risk course, which covers:
• Using Financial Accounts in Credit Management
• Using Ratios to measure Financial Performance
• Using Third Party data and Measurables.

Sharpen your credit risk management knowledge and upgrade your skills in the use of financial accounts.

This practical workshop has you working through exercises to improve your familiarity and interpretation of key financial categories within business accounts. You will come away from this session feeling more comfortable and knowledgeable about credit vetting, risk management and the content of financial statements.
• Purpose and cost of credit
• Credit team objectives and importance of risk assessment
• Financial account categories and financial statements of a business
• Difference between long term and short-term assets and liabilities
• Working capital and its importance
• Difference between profit, liquidity, and gearing

Credit Risk Part 2 follows this course - using ratios to measure financial performance