PO10 - Manage and control working capital
You manage cash and working capital effectively using appropriate technology, planning for any shortfall or surplus including receivables, payables and inventories.
Performance objective elements
The five elements of each performance objective describe the tasks, skills and behaviours that trainees must demonstrate in order to achieve the objective.
a. Source short-term finance to improve organisational liquidity.
b. Analyse and plan appropriate levels of cash and working capital.
c. Prepare and monitor organisational cash flow, credit facilities and advise on appropriate actions.
d. Contribute to the way systems for managing cash, short-term liquidity and working capital operate.
e. Operate and comply with controls and safeguards over working capital management.
C. Identifies, evaluates and advises on alternative sources of business finance and different ways of raising finance.
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