In accounting terms, working capital includes current assets (short-term items such as cash, money due from customers and inventory) and current liabilities (typically payments due to suppliers and loan amounts that must be repaid within one year). Working capital management is a prime function of the finance organization, designed to balance often-conflicting objectives related to revenue,...
Read MoreTopics: Office of Finance, CFO, ERP and Continuous Accounting, Accounts Payable, Treasury, Accounts Receivable, Working Capital
