Understanding Financial Accounts in Risk Assessment

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Virtual Workshop

Understanding Financial Accounts in Risk Assessment

Unpick the mysteries of the books, by delving into financial accounts with a qualified and experienced trainer. With a firm objective of uncovering B2B credit risk, your trainer will guide you through the maze of assets and liabilities, ratios and performance indicators, to give you the information you need to assess creditworthiness and flag risk.

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Proof of completion Certificate Included
 
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Instant Application Use new skills immediately

What You'll Gain From This Course

Practical outcomes you can apply immediately in your role

More robust management of higher risk accounts

Portfolio of key indicators to credit risk

Competent use of credit reports

Quicker and more frequent red-flag warnings before financial loss occurs

Interpretation of credit risk using financial accounts, measures and ratios

Translated accounts language to use in credit assessment work

Who Is This Course For?

This training course is for individuals that need a more in-depth approach to credit risk assessment. It is particularly useful to those handling higher risk accounts and who require knowledge of accounts and ratio interpretation to make credit decisions and recommendations.

What This Session Covers

  1. Team objectives and importance of risk assessment
  2. Financial accounts categories
  3. Working capital and gearing
  4. Measuring financial performance
  5. Using key ratios
  6. Warning signs in results and trends
  7. Credit Report information and other key indicators
  8. Solutions to mitigate higher risk accounts

Aligned to CICM Professional Standards

This training session maps to the following professional competencies

BS 2 Business & Regulatory Acumen BS 3 Know Your Customer/Client BS 4 Financial & Data Interpretation PS 2 Problem-Solving & Decision-Making B1 Inquiring B2 Future Focused B4 Resilient

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