CASH AND WORKING CAPITAL MANAGEMENT: A Guide to Understanding the Strategic role of Cash and Working Capital Management in the Long - term Viability of an Organisation
CASH AND WORKING CAPITAL MANAGEMENT: A Guide to Understanding the Strategic role of Cash and Working Capital Management in the Long - term Viability of an Organisation

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A critical function of financial management in todays’ increasingly competitive and changing business environment is to ensure that there are adequate funds available for investment in the company’s long-term operational purposes, i.e. for acquiring fixed assets and for short-term purposes, i.e. as working capital, at all times. While working capital is important in ensuring the long-term sustainability of a company it is often under-managed due to the lack of awareness on the part of management of what is required to leverage its management in the interest of the company. This book introduces the reader to the key concepts of working capital and how its constituent components - cash, inventory, accounts payable and accounts receivable - can be strategically managed in todays increasingly competitive business environment in the long term interest of the company.

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  • Released: November 16, 2020
  • Author: JAMES ONYANGO
  • Rating: 5
  • Publisher: Ebook DIgital Agency
  • Total Page: 969 pages
  • File Size: 3670 KB
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