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Gauging the quality of accounts receivable

$225.00

SKU: CLRas152. Category: .

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Abstract: Borrowers often pledge accounts receivable as loan collateral. But lenders shouldn’t necessarily take receivables at face value. Poorly maintained or fraudulent balances hobble the lender’s ability to recover losses. This article introduces the due diligence procedures that lenders should perform to help ensure that the book value of accounts receivable is accurate and up to date.

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