Credit Risk Management: A Guide to Sound Business Decisions
How to decide when to say ?yes? to a credit applicant-without jeopardizing your reputation or your company?s bottom line Deciding whether a credit applicant is ultimately creditworthy involves more than just poring over their financial statements-it takes the kind of advice only an experienced credit expert, like Hal Schaeffer, can give. A 28-year veteran of the credit screening process, Schaeffer outlines the nuts-and-bolts of assessing a credit applicant?s financial health and ability to make
List Price: $ 170.00
| 10 of 13 people found the following review helpful: This review is from: Credit Risk Management: A Guide to Sound Business Decisions (Hardcover) The book is not comprehensive in going through the mechanics of actual credit analysis. It does not fully detail how a balance sheet, income statement, and cash flow statement come together to give a picture of the customer. The book also neglects the first crucial part of credit analysis, that is, spreading statements. It does not mention how financial statements, whether they be accountant?s report, company prepared, tax returns, etc., need to be altered before any analysis takes place. Also, the book does not show the parts of cash flow analysis that need further investigation, such as lease expense. Information such as that on tax returns, personal financial statements, personal credit reports, corporate financial statements, etc. come together to accurately state a customer?s position is also not detailed. The book has good case studies, but it lacks the fundamentals of credit analysis. Help other customers find the most helpful reviews? 1 of 1 people found the following review helpful: This review is from: Credit Risk Management: A Guide to Sound Business Decisions (Hardcover) UNFORTUNATLY , THIS BOOK DID NOT PROFIDE ME WITH TECNICAL TOOLES TO ANALYSE FINANCIAL STATMENT , THE CASE STUDIES HAS ONLY FEW THINGS TO TEL , I THINK IT IS A GENERAL BOOK IN CREDIT MANAGEMENT . Help other customers find the most helpful reviews? |
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Posted by on May 14 2011. Filed under CREDIT. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed. Source: http://www.akiranews.com/2011/05/14/credit-risk-management-a-guide-to-sound-business-decisions/
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