Managing Working Capital
ebook ∣ A Comprehensive Handbook On Financial Management and Stability
By CA. Parvinder Singh
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"The Best way to succeed is to discover what you love and find a way to offer it to others in the form of service." - Oprah Winfrey
Managing Working Capital - An Insight for SMEs is a guide to discover the role of promoter, accountant and Chief Financial Officer (CFO) and will provide the SMEs and the promoter, an uncommon success in controlling its financial cost.
There are more than 63 million Small and Medium Enterprises (SMEs) and collectively make them India's largest industry. Involving the CFO in parallel to the CEO is an important consideration. It is important to remember that the "CFO is involved where money is involved".
The Handbook provides a birds' eye views on:
- Role of a CFO
- Role of an accountant
- What makes the Working Capital assessment under finance
- What bank appraisals do not considered in assessing the Working Capital
- What promoters must ask to the CFOs and vice versa.
One must use intelligence and acumen to choose the right financial product to save on the financial cost.
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