Net Working Capital Formula: What Is It, and Why Does It Matter?

Content Management of working capital How Working Capital Affects Cash Flow How Can a Company Improve Its Working Capital? Working Capital and the Balance Sheet Calculation Determining working capital requirements to ensure future business growth Current assets are available within 12 months; current liabilities are due within 12 months. A company has negative working if […]

What is the Purpose of a Budget? Here Are 17 Powerful Benefits

Content How to create a budget template It helps you keep track of your long-term goals Importance Of Budgets Major Objectives of Budgeting: Having a budget will help you live within your means and save for a rainy day. Biasness in preparation of the budgeted figures can be a major turn off for the organization. […]

A New Tool for Boards: The Strategic Audit

Content Management Audit Finance transformation: four areas of focus for the audit committee University: Establish an Understanding of the Terms of the Audit Today, many audit committees are charged with overseeing additional areas of emerging and intensifying risk. What Are the Responsibilities of Audit Committees? What else should an organization keep in mind? KPMG also […]

What Changes in Working Capital Impact Cash Flow?

Content 7 FCFE valuation Related terms: Adjustments to the working capital formula Positive vs negative working capital MY Company Funding is Here to Help You Manage Your Working Capital Challenges MCF Fund Corporation DBA MY Company Funding Methods for Calculating Change in Net Working Capital The quick ratio is a calculation that measures a company’s ability […]

Writing Clear Functional and Non-functional Requirements: Best Practices

Content Business Process Improvement Support processes The Extensive Guide to Business Processes Statutory Reports User stories This can consist of process improvement, policy development, organizational change, or strategic planning. This business requirements document template is a quick and easy guide to creating your own BRD. In the template you’ll find the sections including executive […]