Management Accounting

 
  • Price: US$ 150.00
  • Publisher: KESDEE
  • Number of modules: 7
  • Length: 14 hours
  • Language: English
  • Subscription: 12 months
whats-included

How to Manage Current Assets and Keep an Operation Going

A complete course on Management Accounting, covering management of current assets, debtors and receivables, inventory and working capital.  This course will teach you to prepare a cash budget, manage a cash conversion cycle and understand the age of your inventory.  You'll get management accounting theory and real-life case studies, too.

 

Management Accounting: 7 modules of 2 hours each, divided into two sections

Management of Current Assets (3 modules) and Management of Working Capital (4 modules)

 
Management of Current Assets



1. Management of Cash

  • Components of Cash Management
  • Preparation of Cash Budget
  • Cash Conversion Cycle
  • Float Management Techniques
  • Cash Management Models
  • Determination of optimum cash level


2. Management of Account Receivables

  • Basic concepts of and need for receivables management
  • Aspects of receivables management policy
  • Evaluation of credit policy
  • Age analysis of debtors
  • Concept of factoring


3. Management of Inventory

  • Basics of inventory
  • Costs associated with inventories
  • Determination of various levels of inventory
  • Time of ordering inventory
  • Quantity to be ordered
  • Analysis of Discount & Quantity to be ordered

 

Management of Working Capital



4. Overview of Working Capital

  • Concept of working capital
  • Factors affecting working capital
  • Characteristics of working capital for different businesses


5 and 6. Financing Working Capital (2 modules)

  • Different types of unsecured sources of short-term finance
  • Determination of cost of foregoing discounts
  • Calculation of effective interest rates on bank loans
  • Different types of secured sources of short-term finance
  • Financing of accounts receivables
  • Factoring process
  • Financing of inventories
  • Generic financing strategies


7. Estimation of Working Capital Requirements

  • Operating cycle
  • Cash conversion cycle
  • Impact of cycle time on working capital requirements
  • Approaches for estimation of working capital
  • Methods of determining working capital