Group items tagged

Some days back I had an interesting conversation with an accountant which made me think How the role of an accountant has changed in recent years?

Credit rating agencies are meant to provide credit reports, credit scores and credit history of your business. Credit rating agencise gauge the credit health of your business based on the usage of credit, your ability to repay, your repayment behaviour etc. The higher is the credit score, the better is for the business to get loans from the lenders. Various lenders look at the credit score from the creidt agencies to determine whether to provide a loan or not.