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Credit Risk Assessment Using XBRL

PublisherdeepX
Format28.2KB PDF, requires Acrobat Rdr 5Date added21 Nov 2003
Topics XML, Financial Management
Downloads151

Credit risk assessment plays an important role in the day to day operation of a business. Credit risk assessment is performed when a Buyer asks a Seller to ship merchandise without prior payment. (It is also used in other areas of a business including marketing. For example, a business may undertake a marketing campaign in which prospects are pre-qualified for purchases up to some specified amount.) This paper will focus on the traditional credit risk assessment function and the development of global standards for the credit risk assessment function performed by credit insurers to establish premiums for credit insurance.

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