Working Capital Management

Date: Sep 18, 2018 - Sep 18, 2018

CPD hours: 4 Hours

Time: 09:00 - 13:00

Event Type: Webinar

Presenter: Matthew Saunders

According to research conducted on SMEs, up to 50% of new businesses in South Africa fail. Another research states that 60% of failing companies do so while their annual financial reports show a profit.


According to research conducted on SMEs, up to 50% of new businesses in South Africa fail, likely because they don't manage their working capital. (Please insert the linked articles into the SAAA blog)

Join this webinar to learn how you can better manage working capital to avoid cash flow problems.

Managing inventory, debtors, cash and creditors takes dedicated time and effort with clear policies and lines of communications. Get it right and you just may save your business or get a raise. 

Learning objectives 

By the end of this event the participant should: 

  • Understand what constitutes working capital,
  • Be able to identify problem areas, Be able to identify what is the cause of a slow turn-over of inventory and debtors,
  • Be able to take steps to extend the payment terms with creditors, 
  • Develop a plan to tackle and improve poor working capital management,
  • Understand liquidity and its importance in business,
  • Understand how failure to control working capital leads to business collapse,
  • Understand the trade-off between liquidity and profitability,
  • Be able to calculate liquidity and efficiency ratios, and
  • Be able to interpret liquidity and efficiency ratios.

Course content 

The course will cover the following topics:

  • What is working capital.
  • Common things that result in negative working capital.
  • Simple steps to take to improve inventory, debtors, cash, and creditor management.
  • How to use problem solving techniques to get to the real cause of poor working capital management.
  • The objectives of working capital management;
    • Liquidity
    • Profitability
  • How to use the accounting cycle to better manage working capital.
  • Liquidity ratios:
    • Quick (acid test) ratio.
    • Current ratio.
  • Efficiency ratios:
    • Inventory turnover.
    • Inventory days.
    • Trade receivable days,
    • Trade payable days.
    • Sales to working capital.
  • Cash operating cycle.
  • Interpretation of ratios. 
  • Case study.

Obtaining your CPD certificate

Attendance of this 4-hour webinar  will accrue 4 CPD hours for members of a relevant professional body such as ACCA, SAICA, AAT, SAIPA, SAIBA, IAC, CIS, ICBA, LSSA, FPI, and the IBA. The SAAA CPD policy is compliant with IFAC IES7 and is recognised by SAICA, AAT, SAIPA, SAIBA, IAC, CIS and others.

Complete the free online assessment at the end of the event and receive an additional 1 CPD hours.

Who should attend

  • Bookkeepers.
  • Junior accountants.
  • Members of ICBA, AAT.
  • SME finance staff.


  • R399-00.
  • No cost: 
    • CPD subscriber on the bookkeeper package.

Additional material 

By attending this webinar you will be provided with:

  • Summarised slide presentation, 
  • Detailed course material and reference documents.  
  • You can ask questions during the webinar via the online portal, and you will also have access to me the presenter via e-mail after the webinar

Save this event to your Google or Outlook calendar.

Venues & Dates

The following venues and dates are available for this event.

Discounts available

The following discounts are available for this event

SAIT CPD Subscriber: CPD Package Dependent

I'm ready to join, please contact me

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