This webinar provides practical guidance on Risk Assessment in an international environment. It will provide an overview of concepts in relation to carrying out an analysis of the key financial statements and interpreting information from a credit manager's perspective.

The three most common types of financial statements are:

  1. The Balance Sheet
  2. The Profit and Loss Statement
  3. Cash Flow Statement

See below for a full list of topics which will be covered during the series -

Topics to be covered


Events That Affect Cash Flow

The ability to generate cash is a critical component of any successful enterprise. It is also important for the credit analyst to understand what events occurred that caused cash to increase or diminish. This session will cover activities most associated with fluctuations in the cash account.


Recognizing Potential Problems in Financial Statements and a look at the key ratios for balance sheet analysis.

A number of external and internal conditions as reflected on financial statements can signify potential problems. This session will examine a list of commonly encountered conditions whilst also looking at key ratio analysis such as

Liquidity ratio, Profitability ratios & Leverage/Gearing ratios


Country Standards - Factors in Understanding Financial Statements

The size of a business and the country of domicile is a major source of influence on accounting standards and practices. This is important for the export credit manager to understand because differences in measurement and disclosure practices have an effect on the credit decision. This session will focus on the differences and what to look for.


Pam Thomas

pam thomasPam Thomas PGCE, MITOL, MICM, NLP has extensive training and management experience gained through a variety of roles in the banking and corporate finance sectors, including, insurance, oil and chemicals, pharmaceuticals, professionals Services, publishing, utilities, telecoms (billing teams), technology and local government finance departments.

In addition to working as an independent trainer, Pam has worked as an associate trainer for Dun & Bradstreet, The Institute of Credit Management, The Chartered Institute of Management Accountants, Credit Services Association and Hemsley Fraser Group.

Pam has worked as a credit manager for a number of global corporations and has also undertaken consultancy work to design and implement educational programs, including a BA Hons degree in Credit Management.

Pam currently lectures in Credit Management for University of West London.