Every business needs adequate liquid resources in order to maintain day-to-day cash flow. It needs enough cash to pay wages and salaries as they fall due and to pay creditors if it is to keep its workforce and ensure its supplies.

Maintaining adequate working capital is not just important in the short-term. Sufficient liquidity must be maintained in order to ensure the survival of the business in the long-term as well. Even a profitable business may fail if it doesn’t have adequate cash flow to meet its liabilities as they fall due.

This e-learning course will help you understand what working capital is, and the various techniques that can be used to effectively manage to ensure a business’ success.

Learning outcomes

By the end of this course you will:

  • understand the meaning of working capital
  • appreciate what working capital management relates to
  • learn about some key liquidity ratios used to understand more about a business’ working capital position
  • understand various techniques used to manage working capital.

Key information:

  • learn at your own pace
  • help meet your annual CPD requirements
  • develop your own learning needs.

BPP is a leading provider of online technical CPD for accounting professionals.

Disclaimer: This course is available for ACCA members, you may need your ACCA membership number to complete your booking. This course and outline is provided by a third-party course provider. All course bookings are subject to the terms and conditions set by the course provider. Please see individual supplier pages for full terms and conditions. ACCA takes no liability for bookings made with third-party suppliers.