credit and collection

Abstract

The text describes a book written by two renowned academics that offers a clear and comprehensive overview of credit and collections as essential elements for economic recovery and corporate financial management. The work covers everything from the historical background of credit to its practical application in businesses, including types of credit, analysis processes, the structure of the credit and collections department, evaluation techniques, credit policies, and collection phases. It also explores the impact of credit during various economic crises and presents examples and educational tools to facilitate learning and financial decision-making.