TITLE

WORKING CAPITAL MANAGEMENT: Difficult, but Rewarding

AUTHOR(S)
Harris, Andrew
PUB. DATE
May 2005
SOURCE
Financial Executive;May2005, Vol. 21 Issue 4, p52
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on the importance of management of the working capital in a business enterprise. According to the author, the chief financial officer's role in working capital management is to ensure that the organization is able to fund the difference between short-term assets and short-term liabilities. A discussion is presented about the difference in working capital management in theory and in practice. Information about the difficulties faced by CFO's in managing working capital is presented.
ACCESSION #
16927347

Tags: WORKING capital;  FINANCIAL management;  CHIEF financial officers;  OPERATING revenue;  FINANCIAL executives;  INDUSTRIAL management;  BUSINESS communication;  CORPORATE treasurers;  ACCOUNTING;  BUSINESS planning

 

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