WORKING CAPITAL MANAGEMENT : STRATEGIES AND TECHNIQUES, Fourth Edition

Released on by BHATTACHARYA, HRISHIKES
preview-18

  • WORKING CAPITAL MANAGEMENT : STRATEGIES AND TECHNIQUES, Fourth Edition Book Detail

  • Author : BHATTACHARYA, HRISHIKES
  • Release Date : 2021-04-01
  • Publisher : PHI Learning Pvt. Ltd.
  • Genre : Business & Economics
  • Pages : 596
  • ISBN 13 : 9390544343
  • File Size : 64,64 MB
DOWNLOAD BOOK

WORKING CAPITAL MANAGEMENT : STRATEGIES AND TECHNIQUES, Fourth Edition by BHATTACHARYA, HRISHIKES PDF Summary

Book Description: Working capital is commonly understood as the fund needed to meet the day-to-day expenses of an enterprise. A finance manager finds that the funds for meeting these expenses get blocked in current assets. He, therefore, looks for liquidity support in net working capital (NWC), which is equivalent to the excess of current assets over current liabilities. A banker also looks at the size of NWC as the long-term stake of the business in funding the current assets. But for a production manager, liquidity is synonymous to uninterrupted supply of material inputs to the production lines. Similarly, for a marketing manager, if there is no production, his marketing outlets dry up despite demand in the market. While the finance manager discourages overstocking of inventory, the production manager and the marketing manager dread of being out of stock. In this conflict the goal of the organisation often takes a back seat. This book aims at resolving these conflicts by adopting a techno-financial approach to working capital management. In the previous edition a full chapter on Service Business: Risk Analysis and Working Capital Assessment was introduced to understand the nature of service business and the risks associated with it followed by developing a model for assessment of working capital requirement. Whereas, in the Fourth Edition, a new chapter on Technological Progress, Innovations and Startups—A New Financing Methodology has been introduced to fill a long-felt gap in financing of emerging industries. Besides, the book is revised and updated extensively by incorporating the current researches in the field; particular mention can be made of Cash pooling system, Bullwhip effect and newer approaches to inventory recording system. Throughout the book, every concept is presented with worked-out examples and case studies for easy comprehension of the subject. The book is primarily addressed to postgraduate students majoring in Finance and to those pursuing professional courses in Accounts (CA) and Cost Accounting (ICWA). The book will also be very useful for practising finance executives, risk managers and also purchase/materials managers. TARGET AUDIENCE o MBA (Finance) o CA and ICWA Aspirants

Disclaimer: www.yourbookbest.com does not own WORKING CAPITAL MANAGEMENT : STRATEGIES AND TECHNIQUES, Fourth Edition books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

WORKING CAPITAL MANAGEMENT

WORKING CAPITAL MANAGEMENT

File Size : 36,36 MB
Total View : 6012 Views
DOWNLOAD

Working capital is commonly understood as the fund needed to meet the day-to-day expenses of an enterprise. A finance manager finds that the funds for meeting t