Reverse Factoring, A Risky Fact Of Life For Corporate Australia?

Reverse factoring, a form of financial engineering, is on the rise. This is a technique used by a number of companies to dress their financial results. An AFR article “CIMIC’s UGL stretches out bill payments to 65 days” has been picked up and discussed by one my my favorite Finance Sites, Wolf Street “Hidden Debt … Continue reading Reverse Factoring, A Risky Fact Of Life For Corporate Australia?