Ripley, who worked in the London market 30 years and is now a fellow in the Institute of Chartered Accountants, presents an A-Z guide for exporters considering using forfaiting as a means of offering credit terms especially for those exporters with customers in certain parts of southeast Asia, Latin America, and eastern Europe. Three parts include the background and history of non-recourse financing (forfaiting), as well as methods, risks, accounting issues; a how-to guide; and a case study. Annotation c. by Book News, Inc., Portland, Or.
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