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Account & Finance : Accounting Capital Management

Account & Finance : Accounting Capital Management | CPD Accredited | 10 CPD Points/Credits


CPD Courses

Summary

Price
£12 inc VAT
Study method
Online
Duration
10 hours · Self-paced
Qualification
No formal qualification
CPD
10 CPD hours / points
Additional info
  • Exam(s) / assessment(s) is included in price
  • Tutor is available to students

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Overview

Management of Working Capital

The working capital management’s objective is to assure the firm that it is capable of progressing in its functions and different processes and that it has sufficient capacity to meet the challenges of short-term debt and future operational costs. The various business operations in which the management of working capital is required include the managing of accounts and inventories, etc.

This unit seeks to deliver guidance on the significance of working capital, operating cycle and various kinds of working capital.

On completion of this unit, candidates will be able to understand the various components of working capital and the importance of working capital management.

It also illustrates how to measure working capital and manage cash flows, including a look at the criteria for efficiency in managing working capital.

CPD

10 CPD hours / points
Accredited by The CPD Standards Office

Course media

Description

Management of Working Capital

Objectives

After completing this course learners will be able to:

  • Explain the concepts and components of working capital
  • Describe the significance of and need for working capital
  • Explain the criteria for efficiency in managing working capital

Program Content

Lesson(s)

Introduction to Management of Working Capital

Topics

  • Significance of Working Capital
  • Operating Cycle
  • Concepts of Working Capital
  • Kinds of Working Capital
  • Components of Working Capital
  • Importance of Working Capital Management
  • Determinants of Working Capital Needs
  • Measuring Working Capital
  • Management of Cash Flows

Who is this course for?

Target Audience

  • New or recent recruits to banking and financial organisations
  • Operations and support staff
  • Finance and accounting staff
  • Dealers and Traders

Requirements

No prior knowledge is required to take this unit.

*Note: This is an independent unit not a complete course so does not equalize to a course. This will give you 10 CPD points to add on your CV. At the end of the unit, you can claim CPD Accredited unit by paying £35 accreditation fee and postal charges (£9 for UK students, £15 for outside UK).

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.