Fight Andrew. Credit Risk Management

Contents.
Foreword vii.
1 Introduction to credit risk management.
What is the role of credit analysis?
Framework for credit analysis.
Types of lending.
Types of financial statements.
Contents of financial statements.
Different presentations of financial statements.
Problems with financial statements and auditors.
Analytical methodology.
Outside information.
Exercises.
2 Business risks.
Introduction to business risks.
Introduction to non-financial and transactional risks.
Some questioning techniques.
Nature of the obligor.
Management.
Macro-economic risk areas.
Micro-economic risk areas.
Exercises.
3 Financial risks.
Financial statement analysis.
Ratio analysis.
Cash flow forecasting.
4 Transaction risks.
Term loan agreements.
Covenants, events of default, and protection.
Security enhancement and management.
Follow-up on loan agreement compliance.
Background to loan agreement covenants.
5 Failure and risk classification systems.
Identifying causes of failure.
Failure prediction models.
6 Annexes.
Management attitude problem exhibit No.
Creative accounting exhibit No.
FRS and SSAP accounting reporting standards.
Glossary.
Suggested readings.
Index.
vi Contents.