The world is increasingly getting inter-connected and complex. Bank Credit mechanism has also undergone phenomenal changes in recent years. Few years ago, Credit meant only Cash Credit, Overdraft and Term Loan.
The world is increasingly getting inter-connected and complex. Bank Credit mechanism has also undergone phenomenal changes in recent years. Few years ago, Credit meant only Cash Credit, Overdraft and Term Loan.
Today quasi credit facilities like Letters of Credit, Bank Guarantees, Co-acceptances, Buyer's Credit and Supplier's Credit etc. are gaining predominance. Keeping in view of importance of Credit Management by banks, The Institute of Cost Accountants of India offers the Certi?cate Course on Credit Management (CCCM).
Professionals dealing with Finance or Financial Institutions in one way or other need to possess knowledge of 'Credit Management' guidelines of Financial Institutions like Banks, so that they can provide Value Additive Services to their Institutions like Banks, so that they can provide Value Additive Services to their clients like recommending to the banks the business proposals of entrepreneurs, performing preliminary credit appraisal on behalf of the banks and collate additional supporting information required by the banks/credit.
The Institute of Cost Accountants of India would be the preferred source of resources and professionals for the financial leadership of enterprises globally.
The Cost and Management Accountant professionals would ethically drive enterprises globally by creating value to stakeholders in the socio-economic context through competencies drawn from the integration of strategy, management and accounting.
Credit management is the process of deciding which customers to extend credit to and evaluating those customers’ creditworthiness over time. It involves setting credit limits for customers, monitoring customer payments and collections, and assessing the risks associated with extending credit.
Debt Markets & Debt Mutual Funds training is offered by Knowise Learning Academy. We, at Knowise, truly believe that skill enhancement is a lifelong process and regular upgrade helps individuals and organizations excel in their field.
We train our students on Commercial Credit job profiles where students understand how to evaluate the creditworthiness of businesses and determine their ability to repay loans and lines of credit, including those used to purchase equipment and other goods.
In today’s challenging economic times, managing cash flow is more important than ever. Oftentimes, the root of the problem is having too much uncollected revenue.
Credit Administrative refers to managing Loans Portfolio which mainly relates to Corporate Loans. Financial institutions, both Banks and NBFCs extend Credit facilities either in the form of Working Capital or Term Loan or other Non-financial facilities like Letter of Credit.
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