In order to successfully judge whether or not a counterparty will honour its obligations in a transaction, we must obtain a picture of them utilising various information sources that we have available. This includes an analysis of company accounts, balance sheets, profit & loss and cash flows.
Key learning objectives:
Define credit analysis
Pinpoint the basics of credit analysis
Identify the 3 measures of credit analysis and how each of them work
The Basel Committee Perspective on Operational Risk
Peter Eisenhardt • 18:32