Course Detail(BF025 : Credit Risk Management)

BF025 : Credit Risk Management

7.00 CPE Hours (Others)
Classroom


Programme Objective
Credit has been a great marketing tool and has contributed to higher sales and surging profits in recent years. Unfortunately credit is not necessarily good and doesn’t guarantee that all is well. Credit raises default and liquidity risks. 90% of business cash flow arises from credit management. Anything lesser would increase liquidity risk and rising funding costs for the business. As economic volatility escalates, cash flow becomes more unpredictable. Proactive managers should become cash flow driven.

  • A critical review of credit as a business marketing tool
  • Managing predictable cash flows through managing credit risk
  • Identifying the cost of credit and impact on business profitability
  • Essential components of credit and cash flow management
  • Managing credit quality of a firm

Programme Outline

1. Introduction to credit

  • Credit rationale and concepts
  • Credit risk and cash flow management
  • Cost of credit and profitability
  • Working capital and credit requirements

2. Tools of credit risk management

  • The credit policy & procedures
  • The collection policy & procedures
  • The credit audit

3. Credit risk evaluation

  • The credit screening process
  • Credit criteria and judgment
  • Credit risk rating
  • Credit responsibilities

4. Collection management

  • Managing on going receivables
  • The collection – organization and process
  • Collection expertise – knowledge and skills
  • On going credit risk management

 
Training Methodology

  • Topical discussions
  • Scenario analyses / case exercises
  • Self discovery exercises
  • Self reflection

 
Closing Date for Registration
 1 week before programme or until full enrolment

Intended For

This program is designed for Financial managers, Credit controllers, Business owners, Heads of business units, Sales and business development managers, Internal audit and risk managers

Competency Mapping

Others = 7.00 Hours

Schedule & Fees

Date & Time

16 Sep 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Kenny Tay

Date & Time

15 May 2019 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Kenny Tay

Date & Time

19 Nov 2018 (9:00 AM - 5:00 PM)

Registration is closed

Programme Facilitator(s)

Kenny Tay

Testimonial

Funding

No funding Available!

Programme Facilitator(s)


Kenny Tay
FCCA FCMA CA (M)


Currently he designs and delivers financial skills programmes for the Malaysian Bankers Institute, the ACCA and the Securities Commission Malaysia, and for the financial services sector in Cambodia and Vietnam. He is also a Business Consultant for the Securities Industry Development Corporation Malaysia (the training arm of the Securities Commission).

Kenny has delivered training to more than 15000 participants from financial institutions, multinational companies, professional accounting bodies and government linked corporations since 1997.

He is Fellow of the Association of Certified Accountants and the Chartered Institute of Management Accountants United Kingdom and holds a certificate in Company Law from Macquarie University, Australia.


Programme Objective
Credit has been a great marketing tool and has contributed to higher sales and surging profits in recent years. Unfortunately credit is not necessarily good and doesn’t guarantee that all is well. Credit raises default and liquidity risks. 90% of business cash flow arises from credit management. Anything lesser would increase liquidity risk and rising funding costs for the business. As economic volatility escalates, cash flow becomes more unpredictable. Proactive managers should become cash flow driven.

  • A critical review of credit as a business marketing tool
  • Managing predictable cash flows through managing credit risk
  • Identifying the cost of credit and impact on business profitability
  • Essential components of credit and cash flow management
  • Managing credit quality of a firm

Programme Outline

1. Introduction to credit

  • Credit rationale and concepts
  • Credit risk and cash flow management
  • Cost of credit and profitability
  • Working capital and credit requirements

2. Tools of credit risk management

  • The credit policy & procedures
  • The collection policy & procedures
  • The credit audit

3. Credit risk evaluation

  • The credit screening process
  • Credit criteria and judgment
  • Credit risk rating
  • Credit responsibilities

4. Collection management

  • Managing on going receivables
  • The collection – organization and process
  • Collection expertise – knowledge and skills
  • On going credit risk management

 
Training Methodology

  • Topical discussions
  • Scenario analyses / case exercises
  • Self discovery exercises
  • Self reflection

 
Closing Date for Registration
 1 week before programme or until full enrolment

Intended For

This program is designed for Financial managers, Credit controllers, Business owners, Heads of business units, Sales and business development managers, Internal audit and risk managers

Competency Mapping

Others = 7.00 Hours

Programme Facilitator(s)

Kenny Tay
FCCA FCMA CA (M)


Currently he designs and delivers financial skills programmes for the Malaysian Bankers Institute, the ACCA and the Securities Commission Malaysia, and for the financial services sector in Cambodia and Vietnam. He is also a Business Consultant for the Securities Industry Development Corporation Malaysia (the training arm of the Securities Commission).

Kenny has delivered training to more than 15000 participants from financial institutions, multinational companies, professional accounting bodies and government linked corporations since 1997.

He is Fellow of the Association of Certified Accountants and the Chartered Institute of Management Accountants United Kingdom and holds a certificate in Company Law from Macquarie University, Australia.


Upcoming Schedule

Registration is closed

Date & Time

16 Sep 2019 (9:00 AM - 5:00 PM)

Fee (inclusive of GST)

For Members: $ 345.61
For Non-Members: $ 415.16

Programme Facilitator(s)

Kenny Tay

Venue

137 Cecil Street
Level 4
Hengda Building
Singapore 069537