ISBN 9788122413885,Working Capital Management and Control: Principles and Practice

Working Capital Management and Control: Principles and Practice



New Age International

Publication Year 2002

ISBN 9788122413885

ISBN-10 8122413889


Number of Pages 544 Pages
Language (English)


This comprehensive text systematically explains the various principles, policies and methods involved in efficient management of working capital. The Indian context is emphasised throughout. The book provides an indepth analysis of such critical issues as assessment of the level of working capital methods of financing control over the use of funds The book discusses both fund based and non-fund based working capital finance. It also explains export, information technology and software industry financing. The book presents several real life cases to illustrate the various principles and techniques. Each chapter ends with a summery providing a quick and useful review of the chapter. Several questions and problems are also included throughout the book for self-test. The book is an ideal text for management and commerce students. It would also serve as an extremely useful reference source for practising professionals and consultants in the Finance and Banking sectors. About the Author Satish B. Mathur, Ph.D. (Business Management), C.A.I.I.B., is currently a Professor of Finance at the Indian Institute of Management, Lucknow. Earlier he was with the State Bank of India (SBI) for over 27 years (1961-1988), where he had held several senior executive positions, in the areas of policy and planning, training and administration such as Senior Member of Faculty at the Bank?s Apex College at Hyderabad, Assistant General Manager and Chief Manager of Intensive Industrial Finance Branches. Later he switched over to the Administrative Staff College of India (ASCI), Hyderabad, as a Senior Member of Faculty in the Finance Area. During his eight years tenure at ASCI (1988-95), Dr. Mathur conducted a large number of programmes for senior and top level executives in the public and private sectors, as also for senior IAS and IPS Officers. He has published around fifty papers in Indian and international journals of repute, (as also in the leading financial papers) some of which have been used by the UNICEF in their International Training Programmes. His book entitled The A to Z of Managerial Excellence has been very well received by the academia and the practising executives alike. Table of Contents Part One Fund-Based Working Capital Financing: Working Capital Management and Control An Overview Working Capital Policy Analysis of the Components of the Current Assets Management of Cash Management of Credit (Sundry Debtors (SDs), or Bills Receivable (BRs), or Accounts Receivable (ARs) Management of Inventories Financing of Working Capital Requirements Working Capital Advances by Banks Managing Credit Risks Disbursement and Follow-up or Working Capital Finance by Banks Part Two? Non-Fund Based Working Capital Financing : Letters of Credit Bank Guarantees Part Three? Case Studies with Suggested Approaches : Case Studies on Working Capital Management and Control Suggested Approaches to the Case Studies on Working Capital Management and Control.