Core Curriculum
- Decision-Making Risks
- Financial Risks
- Legal Aspect Risks
- Sales Risks
Orientation:Introduction to Credit Management
- The current situation and problems on credit management in China
- Root Causes of Credit Risks in Modern Economic Activities
- Overview of the Credit and Collection
- Credit Policy, Process and Principles
1.Decision-Making Risks
- Orientation: Introduction to Credit Management
- Setting up credit policies which comply with development strategy and market status
- Procedures and process on credit and risk management
- Constructing an inner credit and risk management system
- Organizational management of credit department in modern enterprises
- Goals of the Credit Department
- Performance Measures
- Financial Statement for Credit Measures
- Reporting, Monitoring and Forecasting Accounts Receivable
- Accounts Receivable Quality
- Decision-making tools utilized in Credit
- How to select correct resources and tools to improve the accuracy on Decision-making
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2.Financial Risks
- Orientation: Introduction to Credit Management
- Primary Factors in Credit Evaluation
- Financial Statements Analysis for the Credit Evaluation
- Credit Scoring and Credit Evaluation Models
- Content and Process of Day-to ¨CDay Administration in Credit Department
- Application for Credit
- Guidelines for Establishing Customer Accounts
- Investigating Customers
- Reporting, Monitoring and Forecasting Accounts Receivable
- Management Methods on Aging of Accounts Receivable
- Measures on Accounts Receivable Condition
- Past Due Accounts Receivable Analysis and Management
- Bad Debt Management, Allowances and Write-offs
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3.Legal Aspect Risks
- Orientation: Introduction to Credit Management
- Primary Factors of Credit Risks Evaluation
- Credit Application for safe trade
- Contracts Management
- Monitoring and Forecasting Accounts Receivable
- Performance Measures Criterion of Accounts Receivable
- Collection Process and Specific Procedures
- Legal Issues related to the Collection
- Psychological and Behavior Analysis of Debtors
- Collection Barriers
- Methods for Solving the Legal Conflict
- Jurisdiction and Effectiveness of International Judicature
- Customers¨@ Bankruptcy
- Cost of Collection
- Enterprise Resource Planning (ERP) and the Credit Management
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4.Sales Risks
- Orientation: Introduction to Credit Management
- First-hand information needed when contacting with your clients
- Several Aspects in Judging Customers¨@Capability
- Credit Application in Business Negotiation
- Customers¨@ Accounts Management
- Sales Terms and Its Application
- Setting Up Sales Strategy
- Active Impact of Settlement in Promoting Sales
- Letters of Credit---Issues and Solution
- List of Document Checking
- Interrelationship of Sales and Security
- Interrelationship of Costs Controlling and Bad Debt Ratios
- Improving Performance through Speeding Up Capital Velocity
- Integrity with other Departments
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