Credit audit evaluates your potential supplier in terms of the company's financial standing, credit and analyses the commercial risk accordingly. Visiting to the supplier is not required in this audit, but the reference figures are collected from the official database, including local Industry and Commerce Administration Bureau, court, financial institutions etc.
It covers the aspects as below,
Registration and ownership
History
Key executives
Key financial figure and ratio in the past three years
Industrial comparison
Banking
Operation
Sales and purchase
Payment record
Credit rating analysis.