"It was a wonderful experience interacting with you and appreciate the way you have planned and executed the whole publication process within the agreed timelines.”
Subrat SaurabhAuthor of Kuch Woh Pal
“The Best way to succeed is to discover what you love and find a way to offer it to others in the form of service.” - Oprah Winfrey
Managing Working Capital - An Insight for SMEs is a guide to discover the role of promoter, accountant and Chief Financial Officer (CFO) and will provide the SMEs and the promoter, an uncommon success in controlling its financial cost.
There are more than 63 million Small and Medium Enterprises (SMEs) and collectively make them India’s largest industry. Involving the CFO in parallel to the CEO is an important consideration. It is important to remember that the “CFO is involved where money is involved”.
The Handbook provides a birds’ eye views on:
- Role of a CFO
- Role of an accountant
- What makes the Working Capital assessment under finance
- What bank appraisals do not considered in assessing the Working Capital
- What promoters must ask to the CFOs and vice versa.
One must use intelligence and acumen to choose the right financial product to save on the financial cost.
CA. Parvinder Singh
CA Parvinder Singh is a Chartered Accountant, practicing in the field of Management, Audit and Assurance, Financial Advisory and Insolvency Matters. He has served in the industry for 25 years and in October 2017 started his own practice. He served in the Textile conglomerates, Vardhman Textiles Limited, Trident Limited and Vardhman Polytex Limited. He has diversified experience in the field of Corporate Finance, Corporate Human Resource, Information Technology and has handled matters ranging from recommending right financial products, raising of funds, negotiating the fund raising for the corporates, financial restructuring, Implementation of Enterprise Resource Planning (ERP) and Managing Talent and so on. He is also an Insolvency Professional.
He is a member of the Institute of Chartered Accountants of India (ICAI) and the Indian Institute of Insolvency Professionals of ICAI.
He can be reached at:caparvinder01@gmail.com
