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Working Capital management (Example)

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ACCOUNTING Author Professor University City State TIME \@ "MMMM d y" February 23 17 A business should always have a long-term plan on how it will make improvements on its assets. The maintenance of assets enables the management team to grow the current assets as well as acquiring new assets for the set project. Maintenance manager should always plan on how they will manage their assets with the little resources they have (Elliott 2017). Maintenance of assets should always be profit oriented in order to enhance the success of the organization. Optimization of the acquired profits is the most important activity taken by any organization. One ways in which an organization can maintain its face value in ensuring that it hires a good and able management team to delegate matters on how its resources are used and allocated. An its workforce to enable it to perform highly. Performance appraisal should be used in assessing the behavior and performance of employees. Employees who perform poorly should be laid off or given warning letters which will urge them to work harder and reach their expected targets. A target evaluation should always be used to ensure that the employees have reached their monthly target. The target will motivate the employees to work harder so that they are not below the expected target. References Elliott B. Financial Accounting and Reporting 18th Edition. Pearson Higher Ed; 2017 Feb 7. Konchitchki Y. Luo Y. Ma M.L. and Wu F. 2016. Accounting-based downside risk cost of capital and the macroeconomy. Review of accounting studies  21(1) pp.1-36. Magni C.A. 2016. An average-based accounting approach to capital asset investments: The case of project finance. European Accounting Review  25(2) pp.275-286. [...]

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Working capital management and strategic management accounting Consider the following. Focus on ways in which organisations can optimise their assets, so that they have more money to invest for a business is up and running, and growing. How can you implement the lessons that you learned regarding managing working capital, managing receivables and inventories? What ways can managing your working capital help your organisation to grow? How can an organisation can be more strategic in its management. Why is shareholder value so important and how can NPV help to assess this? How might the implementation of these items in investment appraisal Use UK Harvard referencing and maximum word count for the main body is 850 words

Subject Area: Accounting

Document Type: Paraphrasing

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Words 825

Pages 3

Completed in 3 days

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