London Corporate Training

Dates for this course

10/08/09 - 14/08/09

20/11/09 - 04/12/09

Who should attend

Managers and staff with direct or indirect responsibility for credit. Those who need to know how to determine the creditworthiness of organisations or individuals. Directors of companies, organisations and government departments responsible for monitoring credit. All those with a need to fully to understand the establishment and proper management of credit.

Objectives of the course

How to manage credit successfully. You will learn what information you need and where to find it to know how to avoid bad debts. You will understand credit assessment and credit rating, the different types of credit and security. The knowledge you will acquire will help you to reduce bad debts, protect against fraud and to improve the cashflow of your organisation.

The course will cover:

• Types of credit: short and long 
• Determining credit decisions
• Credit ratings 
• Trade credit: types and appraisal 
• The relevance of International Accounting Standards (IAS) to credit appraisal 
• The Eurobond market and international credit 
• Types of security and their legal implications 
• Advances to companies 
• Minimising credit risk. 
• Business plans, cash flow statements and operating budgets 
• Gearing ratios 
• The Stock Exchange and raising capital 
• Analysis of the accounts of a company 
• Case histories of recent major credit failures
• Recovery of bad debts