Credit has become an increasing force in modern life, enabling millions of customers around the world to obtain the goods and services they need without the immediate use of cash. Instead, it offers the opportunity to pay for these goods and services in the future, as agreed upon by the parties involved in credit transactions.

It is noteworthy that credit programs and plans have expanded beyond imagination, in line with the percentage increases in population size, both at the national and global levels. Credit applications and practices, risk analysis, and credit decision-making processes have changed significantly due to the tremendous development in communication technology.

Credit users have become widely accustomed to electronic fund transfer systems and shopping through credit plans from all over the world, and the industry itself is facing widespread, intense competition. The growth of the global economy also requires credit managers in business establishments to update their credit information and expertise.

This book is a modest attempt to discuss credit management from a holistic perspective by identifying the nature of credit in its broad sense, the types of credit, the analysis methods used in credit operations, and ways to assess, mitigate, or reduce credit risks.

To achieve the comprehensive goal of this book, it has been divided into four parts and twelve chapters. The first part of the book discusses a number of basic concepts of credit management through four chapters. The second part attempts to shed light on the different types of credit through four chapters. The third part addresses the importance of analyzing and interpreting financial statements in credit management, covered in just two chapters. The final part of the book covers the methods available to credit management for mitigating or reducing credit risks.

• Number of Pages: 304
• Year of Publication: 2010
• Binding Type: Hardcover
• Edition: 1
• Printing Color: Black
• Dimensions (cm): 17x24
• Weight (kg): 0.600
• Barcode: 9789957066628