Commercial Paper Acceptances and the Analysis of Credit Statements

Commercial Paper Acceptances and the Analysis of Credit Statements by William Henry Kniffin is a practical treatise focusing on commercial paper and the processes for determining credit risk in bank investments. The book emphasizes the analysis of credit statements audited statements and the evaluation of financial conditions using cash merchandise and inventory. It also discusses the importance of accurate audits to prevent misrepresentation and fraud in financial statements highlighting seasonal demands in industries and inventory basis selection for financial accuracy.