OBJECTIVES

Investment in fixed assets needs thorough planning.  Once done, these ,however,lend themselves to certain levels of inflexibility as they become sunk costs. The focus,  therefore, should move to Working Capital  since it  lends itsef to and is more amenable to certain degree of control in the hands of the management.

In view of the focus on working capital as a significant tool for cost reduction in the hands of the Finance Manager, BSE is pleased to announce a two day program in the area of 'Working Capital Management'


PROGRAMME CONTENTS

Introduction to Working Capital

Operating Cycle, Production Cycle, Distribution Cycle, Pipeline Inventories, Factors Determining Working Capital Requirements, Importance of Optimum Working Capital, Working Capital Policy and Management, Profitability v/s Liquidity.

Types of Working Capital

Permanent-Temporary, Financing Working Capital, Working Capital Monitoring and Control.

Working Capital Estimation

Estimation Procedure, Working Capital Based on Operating Cycle, Different Components of Working Capital, Estimation of Working Capital Requirements.

Management of Cash and Marketable Securities

Cash Management, Factors Affecting Cash Needs, Cash Budget, Control Aspects, Managing The Float, Investment of Surplus Cash.

Receivables Management

Costs And Benefits of Receivables, Credit Policy, Credit Evaluation, Credit Control, Factoring and Receivables Management, Forfeiting, Evaluation of Credit Policies.

Inventory Management

Types of Inventories, Cost of Maintaining Inventory, Techniques of Inventory Management, Risks in Inventory Management.

Financing Of Working Capital

Types Of Spontaneous Sources, Trade Credit, Commercial Paper, Annualized Cost Of Financing, Types Of Bank Credit, Other Sources of Short Term Financing, Regulation of Bank Credit In India.

DATES

 7 and 8 August 2008

DURATION & TIMINGS

 2 days

 9:30 am to 5:30 pm

FEES

Rs. 7000.00 + 12.36% (Service Tax + Education Cess) per participant inclusive of course material, tuition fees, snacks, lunch and participation certificate

CONTACT

Sanjay Ved, Manager
Rakesh Bhatt, Deputy Manager
Md. Nadeem Alam, Deputy Manager
Pulakesh Dutta, Assistant Manager

E-mail: training@bseindia.com
Phone: 022-22721126 / 27, 022-22721233 / 34
Ext: 8121, 8062, 8862, 8246, 8813, 8303
Fax: 22723250