The Professional Certificate in Understanding the Working Capital Management is designed to equip participants with a solid understanding of the fundamental concepts and practices involved in managing working capital effectively. This course explores the importance of working capital in maintaining the financial stability and operational efficiency of an organization.
In this course, participants will delve into the key components of working capital, including cash, inventory, receivables, and payables, and learn how to analyze and manage each element to optimize cash flow and meet short-term financial obligations. They will also explore various techniques and tools for forecasting and managing working capital, such as cash flow projections, inventory control methods, credit policies, and supplier management.
By the end of the course, participants will have gained the knowledge and skills necessary to assess the working capital needs of a business, identify potential risks and challenges, and implement strategies to enhance liquidity and financial performance. This course is suitable for professionals in finance, accounting, and business management roles, as well as entrepreneurs and business owners looking to enhance their understanding of working capital management for better decision-making and financial control.