When is Enough, Enough? Is a Field Audit Program Adequate Protection From Fraud?
The losses lenders experience at the hands of dishonest borrowers can be a very large proportion of the total loans outstanding, and can monopolize a significant amount of lender time. The use of field exams and other financial reviews can help to identify problems at an early stage, thereby allowing the lender time to take action to protect its exposure.
January 15, 2011
accounts receivable
Rita Garwood