Did you receive it from a friend? Subscribe here for free. Accounting Drive Hi Reader, I hope you are good and doing great. You may be wondering why I have not sent you the Accounting Guide last week? Well, I have been very busy with my kid because of his examination. That is why I could not write the newsletter for you. But today, you got good news. Ta da, you are going to learn a new topic. You have learnt about the working capital; what it is, how to calculate, analyze and manage it. In...
almost 3 years ago • 3 min read
Did you receive it from a friend? Subscribe here for free. Accounting Drive Hello Reader How are you doing? Hopefully, you will be fine and doing well. Last week you learnt about the management of working capital. You are aware of the best working capital management strategies. While managing working capital if you or your manager face shortage of funds for working capital. How would you solve this issue? Can you suggest any helpful source of getting WC funds to your manager? Do you know how...
about 3 years ago • 1 min read
Did you receive it from a friend? Subscribe here for free. Accounting Drive Hi Reader The last week was very busy for me because of my sister-in-law’s wedding. That is why I am writing a short Accounting Guide for this week (does not includes practice questions and solutions). You know what is working capital, how to calculate and analyze it. But do you know everything about working capital that an accountant needs to know? The duties of an accountant are evolving day by day. Today, an...
about 3 years ago • 1 min read
Did you receive it from a friend? Subscribe here for free. Accounting Drive Hello Reader How are you doing? You learnt and practice about the concept of working capital and the difference between net and gross working capital. Now it’s time to learn how to analyze Working capital. This week’s “Accounting Guide” is about the analysis of working capital Concept description What is working capital analysis? Working capital analysis is the process of calculating and interpreting the working...
about 3 years ago • 2 min read
Did you receive it from a friend? Subscribe here for free. Accounting Drive Newsletter Hello, Reader How are you? I hope you will be fine and doing great work. This week’s “Accounting Guide” is about the difference between net working capital and gross working capital. Concept description What is Gross working capital? Gross Working capital is the sum of current assets of a company. This amount represents the total financial resources of a company. Total financial resources are the resources...
about 3 years ago • 2 min read
Did you receive it from a friend? Subscribe here for free. Accounting Drive Hi, Reader This week’s “Accounting Guide” is about working capital Concept description What is working capital? Working capital is the difference of current assets and current liabilities of a company. This difference amount depicts the liquidity position of a company. Liquidity position is the ability of a company to meet its day-to-day operational obligations. Working capital could be positive, neutral or negative....
about 3 years ago • 1 min read