Efficient working capital management helps maintain smooth operations and can also help to improve the company's earnings and profitability. Management of working capital includes inventory management and management of accounts receivables and accounts payables.
The main objectives of working capital management include maintaining the working capital operating cycle and ensuring its ordered operation, minimizing the cost of capital spent on the working capital, and maximizing the return on current asset investments.
Working Capital And Debtors Management training course provides a comprehensive analysis on how to manage working capital, working capital financing policies, increasing profits through working capital management and how to properly fund working capital. The course also discusses the cash conversion cycle, budgeting and credit policy.
At the end of the Working Capital And Debtors Management course you should be able to:
- understand the meaning of working capital
- appreciate what working capital management relates to
- learn about some key liquidity ratios used to understand more about a business’ working capital position
- Distinguish between the internal working capital management function and an external interpretation of a firm’s working capital position revealed by its published accounts,
- Calculate the working capital operating cycle and financing cycle from published accounting data and analyse the inter-relationships between the two,
- Define the dynamics of a company’s credit-related funds system,
- Explain how the terms of sale, which comprise the credit period, cash discount and discount period, affect the demand for a firm’s goods and services,
- Understand the impact of alternative credit policies on the revenues and costs, which are associated with a capital budgeting decision,
- Appreciate the disparities between the theory and practice of working capital management, given our normative wealth maximisation assumption.
Working Capital And Debtors Management training course, is ideal for :
- Accountants involved in reporting and/or recording responsibilities for working capital accounts
- Business managers who are responsible for managing the cash operating cycle
- Finance professionals working in the treasury function of their organisation
- Business owners who want to analyse the cash operating cycle of their companies
- Anyone interested in finance or related fields.
Our courses in Barcelona are held at the LPC office located at:
Once you register, we will subsequently send you the course details, including the location, trainer, and other logistical information.
Pay Attention, Please! The course location at our offices is subject to availability. Should our office be unavailable, we will secure an alternative nearby venue and promptly inform you of the change. The exact time and location will be confirmed one week prior to the course commencement.