Finance Credit Variance Checklist
Prepared by: [Your Name]
Date: [Current Date]
Review Period: [MM/DD/YYYY - MM/DD/YYYY]
Review each criterion and corresponding checklist items. Mark with a check in the first column for each item as it is accomplished.
| Criteria | Checklist Items |
| Credit Report Discrepancies | Verify consistency in credit scores. |
| Confirm accuracy of credit history and outstanding debts. |
| Financial Statement Variances | Analyze changes in income statement figures. |
| Review variations in balance sheet entries affecting creditworthiness. |
| Payment History Changes | Check for irregularities in payment patterns. |
| Assess any late payments or deviations from agreed-upon terms. |
| Credit Limit Adjustments | Verify the reasons for any recent changes in credit limits. |
| Confirm that credit limits align with the financial standing of the entity. |
| Fraud Alerts and Suspicious Activities | Investigate any flagged fraud alerts. |
| Review suspicious activities or discrepancies in credit-related data. |
| Regulatory Compliance | Ensure adherence to local and international credit regulations. |
| Confirm compliance with internal policies and procedures related to credit practices. |
| Customer Communication Records | Review records of customer disputes and resolutions. |
| Confirm the accuracy of information provided to customers regarding credit matters. |
| Market Conditions | Evaluate the impact of economic conditions on credit assessments. |
| Consider industry trends and market dynamics affecting creditworthiness. |
Additional Comments/Notes
[Upon reviewing credit scores, it was found that the information is consistent, reflecting a reliable representation of credit history.] |
