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Account & Finance : Accounting Capital Management

£9.95

Management of Working Capital The working capital management’s objective is to assure the firm that it is capable of progressing in its functions and different processes and that it has sufficient capacity to meet the challenges of short-term debt and future operational costs. The various business operations in which the management of working capital is required include the managing of accounts and inventories, etc. This unit seeks to deliver guidance on the significance of working capital, operating cycle and various kinds of working capital. On completion of this unit, candidates will be able to understand the various components of working capital and the importance of working capital management. It also illustrates how to measure working capital and manage cash flows, including a look at the criteria for efficiency in managing working capital.

SKU: 199387 Category:

Description

Accounting and finance_Accounting

Description

Management of Working Capital

Objectives

After completing this course learners will be able to:

  • Explain the concepts and components of working capital
  • Describe the significance of and need for working capital
  • Explain the criteria for efficiency in managing working capital

Program Content

Lesson(s)

Introduction to Management of Working Capital

Topics

  • Significance of Working Capital
  • Operating Cycle
  • Concepts of Working Capital
  • Kinds of Working Capital
  • Components of Working Capital
  • Importance of Working Capital Management
  • Determinants of Working Capital Needs
  • Measuring Working Capital
  • Management of Cash Flows