This is one in a series of introductory texts by Coyle on financial risk management. Each book in the series is practical and very well written. You can read any of them in a sitting or two. I recommend them for anyone new to their respective topics. They are excellent books to make available to new hires.

Measuring Credit Risk describes how to assess the credit quality of firms in a lending or trade credit environment. There is also an excellent chapter on risks inherent in banking relationships—this includes a few "horror stories." The book covers: internal and external credit ratings; credit bureaus; other sources of credit information; credit scoring; industry and country risk; credit limits; warning signs for credit deterioration; and risks in banking relationships.