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CCP Foundation- Credit Management

  • A
    by admin
  • Course level: Intermediate
  • Share:
  • Categories KASNEB
  • Duration 100h 4m
  • Total Enrolled 18
  • Last Update March 9, 2022

Description

The credit management unit is intended to introduce the candidate to the credit profession, equip the candidate with practical skills and knowledge required to manage the credit cycle for trade credit providers and financial institutions.

LEARNING OUTCOMES

A candidate who passes this paper should be able to:
  • Carryout assessment and evaluate credit/lending proposals and advise credit applicants on various credit products.
  • To Create, maintain and update debtors’ profiles and keep proper records in the credit function.
  • To implement credit guidelines and procedures for the complete credit cycle.
  • Monitor outstanding debts for conformity with the set-out terms and conditions.
  • should be able to analyse credit extension by various providers; banks, saccos, microfinance institutions, insurance companies and non-financial entities (locally and internationally).
Examination Body

 Credit Management unit is a core unit in the foundation level of the CCP course offered by KASNEB. The unit has been designed to introduce the candidate to the credit management profession and contains all the key areas of credit management.

 

What Will I Learn?

  • The paper is intended to introduce the candidate to the credit profession, equip the candidate with practical skills and knowledge required to manage the credit cycle for trade credit providers and financial institutions.

Topics for this course

22 Lessons100h 4m

1.INTRODUCTION TO CREDIT MANAGEMENT?

The Topic introduces the student to credit management basics
Introduction to Credit Management
Assignments
Effects of Credit on Profit, Cash flow

CONSUMER CREDIT?

Players in consumer credit Types and features of consumer credit agreements/products classification and characteristics of consumer products
Consumer credit
Assignments
Consumer credit documentation

3 TRADE CREDIT?

3.1 Players in trade credit 3.2 Types of credit products/accounts 3.3 Payments terms and methods used in trade credit 3.4 Trade credit documentations - invoices, credit notes, debit notes, statements
Trade Credit
Assignments

4. Export Credit?

4.1 Terms and conditions of sale in export 4.2 Payment terms and methods 4.3 Challenges and risks associated with export credit 4.4 Export credit documentation 4.5 International Communication Terms (Incoterms) 4.6 Players in export trade - agents, distributors, del Credere
Export Credit
Assignments
Terms and Methods of Payment

5. The credit department?

5.1 Roles of a credit department 5.2 Organisational structure of a credit department - financial and non-financial institution 5.3 Expected qualities of a good credit officer/manager 5.4 Duties/responsibilities/qualification of a credit officer/manager 5.5 Departmental relationships - Finance & Sales
The credit Department
Assignments

6. Fundamentals of Credit Assessment and Analysis?

6.1 Types of borrowers 6.2 Introduction to credit analysis, appraisal and assessment 6.3 Sources of credit risk information for assessment 6.4 Introduction to credit risk and common business risks 6.5 Categories of customers in credit analysis and their credit risk factors 6.5.1 Sole proprietorship 6.5.2 Partnership 6.5.3 Private and public limited companies 6.5.4 Clubs, societies & Schools 6.5.5 Local bodies, statutory bodies and corporations 6.6 Techniques and models for risk assessment- 5C’s, CAMPARI, PARSER, CCPARTS 6.7 Role of financial statements as a tool for risk assessment 6.8 Factors to consider when assessing credit risks - financial and non-financial factors 6.9 Hedging tools against risks - bank guarantees, Securities and collaterals
Types of Borrowers
Fundamentals of Credit Assessment and Analysis00:00:00
Assignments

7. Introduction to Debt Collection?

.7.1 Introduction to collections - trade, consumer and export 7.2 Nature of credit customers/debtors 7.3 Qualities of an effective collection officer 7.4 Identifying Early warning signs 7.5 Application of Pareto rule (80/20) in collection. 7.6 Collections tools - telephone, letters, SMS, emails etc. 7.7 Collections techniques 7.8 Collection performance measurement and reporting 7.9 Provisioning norms and write-off of bad debts - IFRS9
Introduction to Debt collection
Assignments

8. Information Sharing?

8.1 Introduction to information sharing and industry players 8.2 Role of credit Reference Bureau (CRB) in information sharing 8.3 CRB reports and clearance certificate 8.4 Benefits of CRB to lenders and borrowers 8.5 Role of CRB in the economy 8.6 Accessing and interpretation of a credit report
Information Sharing
Assignments

9. Information Technology and Credit management?

Customer recruitment and risk assessment Customer Masterfile Billing and lending Sales Ledger management and controls Contents and role of a sales ledger Types of sales ledgers Automated Collection support Online Lending platforms Advantages & disadvantages of Fintech lending
Information Technology and Credit Management
Assignments

10. Credit Functions Outsourcing?

10.1 Credit scoring and rating 10.2 Collection call centers and Debt Recovery Agencies 10.2.1 Credit Insurance 10.2.2 Features of credit insurance policies 10.2.3 Types of credit insurance policies 10.2.4 Benefits of credit insurance 10.3 Factoring and invoice discounting 10.3.1 Types of Factoring 10.3.2 Advantages and disadvantages of factoring & Invoice Discounting 10.3.3 Difference between invoice discounting and factoring
Credit Functions Outsourcing
Credit Insurance
Factoring /Credit Scoring & Rating

PAST PAPERS?

PAST PAPERS- ATTACEHD PDF
DEC 2021 EXAM
Past Papers 1
Past Paper 2
Past Paper 3
Past Paper 4
Past Paper 5
Past Paper 6
Past Paper 7

About the instructor

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admin

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18 Courses

144 students

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JOHNMARK NDUNGO

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Requirements

  • Student should be able to explain the term credit, Explain why companies offer credit and the three categories of credit.

Tags

CCP Credit Management Foundation level KASNEB courses

Target Audience

  • KASNEB Students taking Foundation Level
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