FEATURES OF INTERNATIONAL CREDIT RATING
Keywords:
credit rating, risk-based approach, risk level, amount of capital, international financial reporting standard (IFRS).Abstract
In modern conditions of financial globalization, integration, frequently recurring
financial crises and high levels of uncertainty and risk manifested in all areas of activity,
the role of modern international credit ratings has grown significantly. Independent assessment
of global credit agencies plays an important role in shaping financial and investment
policies, determining opportunities for attracting and investing capital.
A credit rating is an indicator that helps you understand how safe it is to trust an
organization with your money. When assigning it, not only the current financial position
of the organization, the amount of capital and the amount of debt are taken into account,
but also the entire previous history.
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