Description

Working capital management is vital for ensuring a company's liquidity, operational efficiency, and long-term financial stability, enabling the company to meet short-term obligations and optimize cash flow. Aidan Dunleavy, Director of Finance at Wichita State University, joins this segment to discuss working capital management. This includes discussion of strategies for improvement of managing cash and cash equivalents, handling excess cash, and making informed credit decisions.

Target Audience

CPAs and other financial professionals seeking education on the topic.

Course Objectives

• Identify strategies for improving working capital management and effective methods for managing cash and cash equivalents

• Determine approaches for handling excess cash and making informed credit decisions

• Identify key measures for effective billing and collections policies

Subjects

• Recognize various inventory management and procurement optimization techniques