related to banking
This query is : Resolved
25 February 2009
please tell me when accounting standards are not followed by companies then in case of bank going to lend the companies what are the steps taken by as a banker.
Give some information or reference to sites relating to credit appraisal banking so as to gain knowledge of banking.
Give some information or reference to sites relating to credit appraisal banking so as to gain knowledge of banking.
25 February 2009
When accounting standards are applied the Profit and loss account and Balance sheet reflect a true picture and Bankers can depend on the presented profit and loss account and balance sheet otherwise they havae to investigate each item which is time consuming.
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