Credit Risk Analysis
When it comes to Credit Management analysing and managing risk is one of the key success factors you have to master. . The word credit is based on the Latin verb "credere" which means to believe or to trust, there are three fundamental questions you have to answer before you grant credit: Who am I trusting? How much can I trust them with? How long can I trust them for?As basic as that sounds it doesn't happen in many cases and the Credit Risk Analysis course sets out to answer these fundamental questions and will give you an operational framework and deep understanding of the topic that will improve your decision making skills an all aspects of credit. If you are working in a large company or a SME the rules are the same,
I hope you will see the benefit in completing this module that will cover all the major areas you need to know to help you make more informed credit decisions and gain an overall knowledge of reading financial statements.This course covers all the financial and non financial factors you need to take into account when extending credit to other businesses. You will get an in-depth understanding of accounts from a Credit Management perspective, you will learn and understand about financial accounting, what the different ratios are telling you and you will be able to generate a comparative scoring model to compare businesses in the same market or the same line of business. The modules are as follows:
Module 1
Unit 1 Introduction to Accounting
Unit 2 The Accounting Equation
Unit 3 The Trial Balance and Adjustments
Unit 4 Preparation of Financial Statements
Unit 5 The Trading Account
Module 2
Unit 6 Preparation of Financial Statements
Unit 7 The Profit & Loss Account
Unit 8 The Balance Sheet – Fixed Assets and Long Term Liabilities
Unit 9 The Balance Sheet – Current Assets and Current Liabilities
Module 3
Unit 10 The Cash Operating Cycle, Cash Flow Statements and Forecasting
Unit 11 Analysis and Interpretation of Financial Statements
Unit 12 Introduction to Risk Assessment
Module 4
Unit 13 Risk Management
Unit 14 Bad and Doubtful Debts
Unit 15 Business Failure
Unit 16 Non Financial Factors for Credit Risk Assessment
Unit 17 Financial Review meetings
This course is delivered by Blended Learning - how it works is you join us for the induction session where we will give you an overview of the course and go through the dates, times and structure. You will also learn how to access the wealth of information that is available to you, through email and telephone support throughout the course. ..
I hope you will see the benefit in completing this module that will cover all the major areas you need to know to help you make more informed credit decisions and gain an overall knowledge of reading financial statements.This course covers all the financial and non financial factors you need to take into account when extending credit to other businesses. You will get an in-depth understanding of accounts from a Credit Management perspective, you will learn and understand about financial accounting, what the different ratios are telling you and you will be able to generate a comparative scoring model to compare businesses in the same market or the same line of business. The modules are as follows:
Module 1
Unit 1 Introduction to Accounting
Unit 2 The Accounting Equation
Unit 3 The Trial Balance and Adjustments
Unit 4 Preparation of Financial Statements
Unit 5 The Trading Account
Module 2
Unit 6 Preparation of Financial Statements
Unit 7 The Profit & Loss Account
Unit 8 The Balance Sheet – Fixed Assets and Long Term Liabilities
Unit 9 The Balance Sheet – Current Assets and Current Liabilities
Module 3
Unit 10 The Cash Operating Cycle, Cash Flow Statements and Forecasting
Unit 11 Analysis and Interpretation of Financial Statements
Unit 12 Introduction to Risk Assessment
Module 4
Unit 13 Risk Management
Unit 14 Bad and Doubtful Debts
Unit 15 Business Failure
Unit 16 Non Financial Factors for Credit Risk Assessment
Unit 17 Financial Review meetings
This course is delivered by Blended Learning - how it works is you join us for the induction session where we will give you an overview of the course and go through the dates, times and structure. You will also learn how to access the wealth of information that is available to you, through email and telephone support throughout the course. ..