Wednesday, February 25, 2009

Working Capital and "Going Concern" Issues

The poll that I have been running on Linkedin has indicated that the majority of respondents beleive that more than 20% of companies have working capital issues. I was quite surprised at the result. KPMG has released a paper on advice for companies and directors on assessing whether an organisation is a "going concern". Given the high level of anxiety around working capital issues, it is a must read for executives and Board Directors. See - http://kpmg.com.au/Portals/0/09FR-07.pdf

Thursday, February 19, 2009

What percentage of current organisations have working capital problems?

I am interested in understanding the level of "distress" in the market with regard to managing working capital and other operational issues. Some of the symptoms are company not paying their creditors on time and banks being reticent to lend for working capital problems. How do management cope and manage such situations?

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