Working capital management is essential for maintaining a company's financial health, ensuring liquidity, improving operational efficiency, enhancing profitability, and supporting strategic growth. By attending this course, you will learn to manage working capital effectively, navigate financial challenges, achieve long-term success, and contribute to the financial stability and growth of your organization.
Accounting and Finance
Certificate in Working Capital Management
Working capital management is essential for maintaining a company's financial health, ensuring liquidity, improving operational efficiency, enhancing profitability, and supporting strategic growth. By attending this course, you will learn to manage working capital effectively, navigate financial challenges, achieve long-term success, and contribute to the financial stability and growth of your organization.
Upcoming dates
Classroom
| Start date | End date | Location | Fee | Registration |
|---|---|---|---|---|
| Munich - Germany |
€1,725 + VAT
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| Barcelona - Spain |
€1,925 + VAT
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| Paris - France |
€2,250 + VAT
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| Rome - Italy |
€2,125 + VAT
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| Kuala Lumpur - Malaysia |
€1,400 + VAT
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| Barcelona - Spain |
€1,925 + VAT
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| London - United Kingdom |
€2,100 + VAT
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| Munich - Germany |
€2,125 + VAT
|
→ |
Online live
Remote
- Introduction to Working Capital Management - Overview of working capital - Definition and importance - Components of working capital - Working capital cycle - Working capital impact on financial statements Accounts Receivable Key Impact - Credit policy and terms - Setting credit terms - Credit analysis and risk assessment - Collection strategies - Effective collection practices - Monitoring receivables - Expected Credit Loss provision - Key receivables ratios Managing Accounts Payable to Optimize Working Capital - Payment policies - Optimal payment strategies - Negotiating terms with suppliers - Cash flow impact - Managing disbursements - Balancing payables and cash availability - Key payables ratios Inventory Management Role in Working Capital - Inventory strategies - Types of inventories - Impact on working capital - Balancing inventory levels and cash flow - Key inventory ratios Cash and Liquidity Management - Cash flow forecasting - Methods for forecasting cash flow - Managing short-term cash flow needs - Liquidity management - Maintaining optimal cash levels Working Capital Financing - Financing options - Trade credit - Bank loans and lines of credit - Factoring and invoice discounting - Cost of capital - Evaluating financing costs - Impact on overall financial health Risk Management and Performance Evaluation - Risk identification - Types of risks in working capital management - Mitigation strategies - Performance metrics - Monitoring working capital performance - Using Key Performance Indicators (KPIs) to drive improvement
This program is intended for professionals involved in Accounting and Finance.
- Financial analysts, controllers, accountants, operations managers, procurement managers, supply chain professionals, auditors and compliance officers who need to understand working capital strategies and improve cash flow management and optimize their working capital.
This course uses a mix of interactive techniques, such as instructor- and participant-led discussions and brief presentations by the consultant and the participants, in addition to demonstrating theoretical working capital topics. The course also features discussion of real-life case studies.
Day1
Course Content
- Introduction to Working Capital Management - Overview of working capital - Definition and importance - Components of working capital - Working capital cycle - Working capital impact on financial statements Accounts Receivable Key Impact - Credit policy and terms - Setting credit terms - Credit analysis and risk assessment - Collection strategies - Effective collection practices - Monitoring receivables - Expected Credit Loss provision - Key receivables ratios Managing Accounts Payable to Optimize Working Capital - Payment policies - Optimal payment strategies - Negotiating terms with suppliers - Cash flow impact - Managing disbursements - Balancing payables and cash availability - Key payables ratios Inventory Management Role in Working Capital - Inventory strategies - Types of inventories - Impact on working capital - Balancing inventory levels and cash flow - Key inventory ratios Cash and Liquidity Management - Cash flow forecasting - Methods for forecasting cash flow - Managing short-term cash flow needs - Liquidity management - Maintaining optimal cash levels Working Capital Financing - Financing options - Trade credit - Bank loans and lines of credit - Factoring and invoice discounting - Cost of capital - Evaluating financing costs - Impact on overall financial health Risk Management and Performance Evaluation - Risk identification - Types of risks in working capital management - Mitigation strategies - Performance metrics - Monitoring working capital performance - Using Key Performance Indicators (KPIs) to drive improvement
SPARK Training Certificate of Completion is awarded to participants who attend and complete the full training course.
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