May 22, 2025
eNews
Conquering financial statement analysis with confidence
The initial investigation into a potential customer’s credit worthiness is an essential step in the credit approval process, singlehandedly signifying the profession’s central goal: extending the right amount of credit that creates profit without introducing too much risk. While many credit managers are used to poring over a customer’s financial statements during this stage, many might not be analyzing as deeply as they could, unintentionally taking on more risk than intended.