NUS Extension

Professional & Management



This workshop will benefit executives and managers in every functional area and from all industries for whom it is advantageous to know the basics of working capital management in the corporate decision-making process. Good working capital management contributes to corporate health and success whereas poor working capital management can lead to financial distress and bankruptcy.

Participants are required to bring own calculator to the workshop.




2 Days


Click on the selected date to apply now or download registration form to apply later.

Intake 01
16 - 17 Jul 09

Intake 02
20 - 21 Aug 09

Intake 03
17 - 18 Sep 09

Intake 04
8 - 9 Oct 09

Intake 05
12 - 13 Nov 09




S$1,000 (Inclusive of GST)


NUS Extension (#12-01 Park Mall)

 

 

 


Working Capital Management for All

Synopsis

Working capital management involves the relationship between a firm's short-term assets and it’s short-term liabilities. The goal of working capital management is to ensure that a firm is able to continue its operations and that it has sufficient ability to satisfy both maturing short-term debt and upcoming operational expenses. The management of working capital involves managing inventories, accounts receivable and payable, and cash. This course will teach the basics of working capital management.


Objectives

    • Understand Basic Concepts and Principles in Working Capital Management
    • Learn what the appropriate levels of working capital should be and how to compute these levels
    • Understand and apply the tools used in the management of liquid assets
    • Learn the factors involved in Accounts Receivable Management and how to
      Optimize them
    • Understand keys concepts in Inventory Management and how to apply sound
      techniques for managing Inventory Management


Course Outline

    Elements of Working Capital

    • What is Working Capital?
    • Managing Current Assets and Liabilities
    • Financing Working Capital with Current Liabilities

    Appropriate Levels of Working Capital
    • Hedging Principles
    • Cash Conversion Cycle
    • Estimation of the Cost of Short-Term credit (Calculate APR)
    • Sources of Short-Term Capital
    • Multinational Working Capital Management

    Management of Liquid Assets
    • What are Liquid Assets?
    • Why should a company hold cash
    • Cash Management Objectives and Decisions
    • Collection and Disbursement Procedures
    • Composition of Marketable Securities

    Accounts Receivable Management
    • What is Accounts Receivable Management
    • Size of Investment in Accounts Receivable
    • Terms of Sale – Decision Variable
    • Type of Customer – Decision Variable
    • Collection Efforts – Decision Variable
    • Credit Policy Changes – Marginal or Incremental Analysis

    Inventory Management
    • What is Inventory Management
    • Purposes and Types of Inventory
    • Inventory Management Techniques
    • Order Quantity Problem
    • Economic Order Quantity
    • Order Point Problem
    • Just-in-Time Inventory Control


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