Assesses how to evaluate risks through evaluation of the borrowers commercial environment, management and capabilities. Provides clear analysis of financial statements, teaches ratios, and when they should be implemented, cashflow forecasts and how to interpret cash flow statistics.
The five comprehensive modules in this book examine each aspect of corporate credit analysis including: - the concepts behind lending to companies; - an assessment of the sources of information; - evaluating the risks affecting creditworthiness; - anticipating performance and financial stability; - interpreting and analysing financial statements; - ratio analysis and its application in interpreting financial statements; - cashflow analysis from an accounting and analytical perspective.
You will also have the opportunity to test your understanding with worked case studies.