Published at: www.cfo.com
Accounting and Financial Risk in the Background of Declining Credit Availabilty
June 16, 2009
The current situation of non availability of credit is leading to a position where Chief Risk Officers and CFO's will have a difficult time in funds management, meeting profitability targets and running a business. Funds constraints will make it difficult to extend credit to customers when financial institutions and creditors are making credit vanish. Such a situation may also lead to conditions...