Advanced Professional Certificate in Working Capital Management
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Completion Time
1 Month
Accreditation
5 CPD Hours
Level
Advanced
Start time
Anytime
About the course
Working Capital Management is a course that provides an in-depth understanding of managing a company's short-term assets and liabilities effectively. The course covers various topics, including working capital assessment, forecasting, and optimization techniques. It also explores strategies for inventory, accounts receivable, and accounts payable management, with the ultimate goal of maximizing liquidity while minimizing financing costs.Course details
The aim of the course Working Capital Management is to equip students with the knowledge and skills to manage a company's short-term assets and liabilities efficiently. Students will learn techniques to assess, forecast, and optimize working capital while reducing financing costs. The course aims to provide practical insights into the strategies for inventory, credit, and cash management to ensure that a company has sufficient liquidity to meet its short-term obligations.After the successful completion of this course, you will understand the following;
Exploring the Concept of Working Capital Management:
- Define the concept of working capital and explain its significance in a business context.
- Classify working capital and identify its different components, including cash, inventory, accounts receivable, and accounts payable.
- Describe the working capital cycle and its various stages.
- Analyze the factors that affect the composition of working capital, such as business size, industry, and operating cycle.
- Differentiate between static and dynamic views of working capital, and explain their implications for effective management.
- Identify the determinants of working capital and explain how they impact a company's financial performance.
Understanding the Working Capital Investment Policies:
- Understand the different types of Working Capital Investment Policies including Conservative, Aggressive, Highly Aggressive, and Hedging policies
- Understand the different sources of Working Capital Finance including Spontaneous and Negotiated Sources.
- Understand the time and money concept in Working Capital Management.
- Understand the need for Working Capital and its importance in the success of a business.
- Estimation of Amount of Different Components of Current Assets and Current Liabilities:
- Learn how to estimate the number of different components of Current Assets and Current Liabilities in order to manage Working Capital effectively.
Optimizing Business Operations:
- Understanding the different aspects of Cash Management.
- Identifying the motives for Holding Cash and Marketable Securities.
- Determining the factors that impact the Optimum Cash Balance.
- Defining the objectives of trade credit.
- Evaluating the different Credit policies.
- Analyzing the various dimensions of receivable management.
- Developing strategies for effective collections from receivables.
- Understanding the different Techniques of inventory management.
- Evaluating the different Methods of inventory valuation.
Assessment of Working Capital and Lending Methods:
- Understand different methods of assessing working capital, such as operating cycle, percentage of sales, regression analysis, cash forecasting, and balance sheet methods.
- Gain knowledge about various methods of lending, including Tandon's First and Second methods and the cash budget method.
Module: Working Capital Management
Lecture: 4
Quiz: 1
Course Overview
Working Capital Management explores the effective handling of current assets and liabilities, guaranteeing a company's ability to meet short-term financial commitments. This course delves into a range of subjects, encompassing the evaluation of working capital, predictive methods, and tactics for overseeing inventory, accounts receivable, and accounts payable. The primary objective revolves around enhancing working capital utilization while curtailing financing expenses.
Concepts in Cash Management, Receivables, and Inventory Management
Assessment of Working Capital and Lending Methods
Exploring the Concept of Working Capital Management
Understanding the Working Capital Investment Policies
Working Capital Management
Accreditation
All of our courses are accredited by the relevant partners and awarding bodies. Please refer to our information in about us for more details.Entry requirement
There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course.The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience.
- CEO, Director, Manager, Supervisor
- Financial Analyst
- Treasury Manager
- Credit Analyst
- Cash Management Specialist
- Working Capital Manager
- Inventory Analyst
- Accounts Receivable/Payable Manager
- Financial Planning and Analysis Manager
- Budget Analyst
- Corporate Finance Manager
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How learners like you are achieving their goals
Executive Education
A smart way to enhance my knowledge within a short period of time, the course is very productive and beneficial for me...so grateful that i completed successfully...i would recommend my friends and family about the course.
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MaldivesExecutive Education
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Jason Momodu
VietnamExecutive Education
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Jason Momodu
VietnamExecutive Education
I have learned a lot and gain experienced in this course. At first, I did not have confidence when standing front of audience but now, it is a different story.
Jason Momodu
VietnamExecutive Education
Truly enjoyed the Strategic Management and Leadership Level 7 course and it provided me with a clear insight and helped me in my daily work as Plant Manager.
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GhanaExecutive Education
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NigeriaExecutive Education
A smart way to enhance my knowledge within a short period of time, the course is very productive and beneficial for me...so grateful that i completed successfully...i would recommend my friends and family about the course.
Jennifer Babatunde
NigriaExecutive Education
I have learned a lot and gain experienced in this course. At first, I did not have confidence when standing front of audience but now, it is a different story.
