20% of Aussie businesses ignore broke creditors

By Paul Hayman · 2 September 2010 · Cashflow

Australian Businesses at Risk: 20% Ignore Busted Creditors

A staggering number of Aussie businesses are leaving themselves exposed to financial disaster. Find out why ignoring insolvent creditors can be a costly mistake.

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Summary

Many Australian businesses are not protecting themselves against the risk their customers might go insolvent, according to a joint survey by the Institute of Internal Auditors – Australia (IIA) and credit insurer, Atradius.

Tags: audit, Credit, Creditors, Debt, Insurance