Cash and Working Capital
Develop an intuitive understanding of how to manage cashflow and how it's linked to profit with this free online course.
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CertificationView course modules
This free online accounting course Cash and Working Capital is created by Accounting Intuition and accredited by the Chartered Institute of Management Accountants (CIMA). We believe that the best way to learn is through genuine understanding and experience. That’s why we've developed a set of ground-breaking visualisation models that explain accounting transactions and balances using the analogy of water pipes and tanks and let you develop an intuitive understanding of how to manage cashflow and the operating cycle. The models are used by leading universities to help their students understand financial concepts, and are built into this free online course.
This course will help you understand cashflow, working capital, current assets and liabilities and the operating cycle. You will also learn how profit and loss, assets and liabilities, and cashflow are all linked. The course follows directly on from our Basic Accounting course which introduces all the building blocks of accounting, such as assets, liabilities, equity, debits and credits, financial statements and the fundamental accounting equation.
Even if you are familiar with some of these concepts, you will find it helpful to take that course as a precursor to this one to develop an intuitive understanding using our business simulation models. Whether you are completely new to finance, have never quite felt comfortable with how accounting works or simply want an engaging refresher, take this course to develop an intuitive understanding of accounting concepts. So, why wait? Start the course today and develop your knowledge about cashflow management and working capital!Start Course Now
Direct and Indirect Costs
Quiz - Working Capital
The Operating Cycle
Profit, Assets and Cashflow
Having completed this course you will be able to:
- Develop an intuitive understanding of how accounting works using business simulation models
- Explain current assets, current liabilities and working capital
- Describe how to analyse liquidity using the current ratio
- Explain how to manage cashflow by exploring the operating cycle
- Describe how profit, cashflow and the balance sheet are all connected
- Explain how the differences between profit and cashflow contributed to corporate scandals and the financial crisis
All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate is:
Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning
Alison offers 3 types of Certificates for completed Certificate courses:
Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
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All Certificates are available to purchase through the Alison Shop. For more information on purchasing Alison Certificates, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certificate pricing, please visit our Pricing Page.