Introduction to Credit Risk Assessment

Training

In London and Birmingham

£ 390 + VAT

Description

  • Duration

    1 Day

Within trade credit, effective appraisal and management of credit risk are the keys to a more productive collection effort, fewer and smaller bad debts and improved company profitability. Covering the subject in depth enables delegates to make effective decisions on credit risk and influence the profitability of their organisations. Suitable for: Credit staff who have recently taken on business to business risk assessment as part of their duties and those requiring an appreciation of the basic of credit risk.

Facilities

Location

Start date

Birmingham (West Midlands)
See map
Maple House, 150 Corporation Street, B4 6TB

Start date

On request
London
See map
61-63 Great Queen Street, WC2B 5DA

Start date

On request

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Reviews

Course programme

Course content:

The Fundamentals
The meaning of 'Credit'
The objective of Credit Risk Assessment
Effect of Bad Debts on profits
Who are our Custmoers?
Customer identity (plc / Ltd / LLP / Partnership / Sole Trader)
Directors / Shareholders / Owners)
Trading Names / Divisions
Name or ownership changes - do we still have a contract?
Impact of insolvency - when do we need a new account?
New Account Applications
The Credit Account Application form
Agreement to our Terms and Conditions
Data Protection - the use of consumer data
Sources of information
Reading Status Reports and Company Accounts
Profit and Loss Accounts
Balance sheet and liquidy
Working capital
Use of accounting ratios
Associated, parent or subsidiary companies
Methodology of Cedit Scoring
How Credit Scores calculated
Decision making software
Decision Time
Making a decision - how quickly can we do it?
Setting the credit limit
Doing the administration
Welcome the customer
Reviews and on-going updates
Processing Orders
Warning or referral
Over credit limit
Cash flow problems
Insolvent or just plain awkward
Measuring our Success
Which key performance indicators to use

Additional information

Payment options:

Fee for ICM Members = £300 + VAT

Introduction to Credit Risk Assessment

£ 390 + VAT