Using Financial Accounts in Credit Management
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.
What will you gain?
• Clear interpretation of the credit risk appetite of your organisation
• Better alignment of targets and objectives
• Accounting knowledge
• Understanding of financial statements in the context of risk assessment
• Confidence when examining sets of financial accounts.
Who is it for?
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.
What will it cover?
• 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
