Audit and economical analysis

Table 143

Structure of resources to be provided when assessing client's creditworthiness

Information resources	Information Structure
Foundation Documents:	capital composition;
	directions distribution;
	the structure of the premises;
	the internal structure of the corporate client.
Accounting Report:	enterprise ownership structure and the preference;
	enterprise financial position, solvency and financial stability;
	the effective use of borrowed and borrowed funds;
	debit, credit obligation, contains and rates;
	the level of coverage of liabilities to payables;
	enterprises;
	flow of funds;
	the risk of default risk.
Technical feasibility study, business plan:	the fame of the enterprises, its reputation;
	enterprise development strategies;
	the quality of the structure;
	quality of supply;
	the quality of assets;
	degree of operational activity;
	directive armed;
	diversification of sales market;
	based on the demand for funds.
Credit bureaus:	restricted loans;
	use of loans;
	reding history.
Other banks:	loans;
	use of loans;
	financial assets.
Organizations, Competitors:	reputation;
	share;
	inexperience;
	the role of the tackle.
Buyers:	the reputation of the peasant;
	amount of sale;
	quality of product;
	terms of lending to customers.
Suppliers of goods:	creditor’s reputation;
	terms of crediting;
	the volume of deliveries;
	good position.
Other sources (rating agencies, stock market data, etc.):	acoustic data;
	searching information;
	special reports;
	statistical sources.

             

Credit characteristic 
The study of credit relations and solvency in the development of economic entities is a topical issue . Banks have been able to reduce their risks by reducing the risks of creditworthiness of businesses , improving their profitability through the rational use of credit resources and strengthening their financial stability.

Credit eligibility indicators need to be addressed in two ways:

1. From the borrower's point of view, the creditworthiness level is the ability to make a loan agreement with the ability to repay the loans in a timely manner.

2. From the point of view of the Bank, the creditworthiness level is taken into account in determining the correctness of the amount of the loan to the enterprise.³⁷

It is well known that in the conditions of liberalization of the economy commercialization of business entities and banks will occur. This, in spite of the property form of the collateral , is economically completely independent, requiring its own expenses to be capitalized . As a result of the financial support of the business, the inner development of business activities is not always adequate. For this reason, companies often require more money , and this need can be covered by bank loans. Bank loans are a necessary prerequisite for not only the source of financial support of enterprises and organizations, but also their continuing functioning through their targeted, timely and secure provision.

In order to attain the goals set in their business activities and to ensure that their loans are returned to the bank effectively, commercial banks need to investigate the financial condition of the client in a timely manner.

In assessing the creditworthiness, banks should not only assess the past period's customer data, but also forecast their future financial position. Objective assessment of financial stability and credit risk exposure enables the Bank to effectively manage its loan resources and profit.

The liberalization of the sectors of the economy, as an important task, requires the need for accounting of foreign experience based on the solvency and sustainability of enterprises. The main thing is to keep a new balance sheet on accounting. Grouping assets and liabilities on the balance sheet items allows for a thorough analysis of solvency and creditworthiness.

 
The main methods of credit assessment and analysis are: expert assessment system and scoring system

The criteria for formulating a creditworthiness assessment methodology in banks and enterprises are based on criteria. This criterion should provide an opportunity to fully evaluate the creditworthiness of enterprises.

Based on the following assumptions in assessing creditworthiness in the world and in our country.³⁸

• 
  client behavior (Febrile);  
  
• 
  customer satisfaction;  
  
• 
  interest on the repayment of funds to find a Cain;  
  
• 
  customer's;  
  
• 
  creditworthiness;  
  
• 
  following conditions of credit operations;  
  
• 
  level of control over legal aspects of client activity.  
  

The methodological basis of the analysis of enterprises' creditworthiness should be separately established, established and maintained from the point of view of the enterprise and bank.