Description
The course examines the business accounting balance sheet. It dives deeper and you’ll learn all about working capital .It looks at changes in this net working capital and how these can be evaluated. In particular you will learn about the areas of accounts receivables, accounts payable and inventory. You will see this through a worked case study. You’ll start to see the huge impact proper management can make. The reason is because so much money can be lost if this area is not managed well. That is why effective working capital management is the accounting cornerstone of many successful businesses.The course starts off with the business accounting definitions and theory.
Learning Outcomes
- Grasp what working capital is all about
- Calculate working capital easily
- Use key ratios to help with working capital management
- Improve working capital
- Focus on key areas where most of this capital rests
- Avoid wasting time on areas that are not materially relevant to working capital
- Calculate the operating cycle
- Gain confidence in a misunderstood and difficult area of a business
Requirements
- Students do not need any prior knowledge of finance or accounting
- No prior knowledge is assumed
Target Audience-
- Anyone who wants a thorough understanding of working capital management
- A student who wants to monitor working capital
- A student who wants to really understand the working capital formula
- This course is not for any other focus apart from a focus on working capital
Course Features
- Lectures 6
- Quizzes 0
- Duration 30 min for each class
- Skill level All levels
- Language English
- Students 276
- Assessments Yes