Working Capital Management
A SUMMER TRAINING PROJECT REPORT
on
“Working Capital Management of Acuity Builders & Developers Pvt. Ltd.”
at
Ashish Kumar Gupta & Associates
CHARTERED ACCOUNTANTS
In the partial fulfilment of the requirement for the award of
“Master of Business Administration”
UNDER THE SUPERVISION OF UNDER THE GUIDANCE OF
Mr. Ashish Kumar Gupta Mr. Jagjit Singh
(FCA DISA PROP.) Submitted By:-
Hitesh Kumar
Academic year: 2012-2014
PREFACE
This research project is a part of Master of Business administration course being taken up at Lovely school of business and applied arts, Lovely professional university
I was provided opportunity to undergo training at the Ashish kr. Gupta & Associates (CHARTERED ACCOUNTANTS) at their office situated at Raj Plaza Complex, 75 Rajpur Road DEHRADUN (UK). My field of interest was to study the:
Working Capital Management of Acuity builders & Developers Pvt. Ltd.
This project has been of great help in providing me an insight into the real life working of an organization; it gave me a chance to apply, all I had learned to practical situations, enhancing my understanding and image of the business world.
This experience in decision making and practical application of knowledge has contributed greatly to my growth both as a person and a trainee.
ACKNOWLEDGEMENT
“It is not possible to prepare a project report without the assistance & encouragement of other people. This one is certainly no exception.”
On the very outset of this report, I would like to extend my sincere & heartfelt obligation towards all the personages who have helped me in this endeavour. Without their active guidance, help, cooperation & encouragement, I would not have made headway in the project. I am ineffably indebted to Mr. Ashish Kumar Gupta for conscientious guidance and encouragement
on
“Working Capital Management of Acuity Builders & Developers Pvt. Ltd.”
at
Ashish Kumar Gupta & Associates
CHARTERED ACCOUNTANTS
In the partial fulfilment of the requirement for the award of
“Master of Business Administration”
UNDER THE SUPERVISION OF UNDER THE GUIDANCE OF
Mr. Ashish Kumar Gupta Mr. Jagjit Singh
(FCA DISA PROP.) Submitted By:-
Hitesh Kumar
Academic year: 2012-2014
PREFACE
This research project is a part of Master of Business administration course being taken up at Lovely school of business and applied arts, Lovely professional university
I was provided opportunity to undergo training at the Ashish kr. Gupta & Associates (CHARTERED ACCOUNTANTS) at their office situated at Raj Plaza Complex, 75 Rajpur Road DEHRADUN (UK). My field of interest was to study the:
Working Capital Management of Acuity builders & Developers Pvt. Ltd.
This project has been of great help in providing me an insight into the real life working of an organization; it gave me a chance to apply, all I had learned to practical situations, enhancing my understanding and image of the business world.
This experience in decision making and practical application of knowledge has contributed greatly to my growth both as a person and a trainee.
ACKNOWLEDGEMENT
“It is not possible to prepare a project report without the assistance & encouragement of other people. This one is certainly no exception.”
On the very outset of this report, I would like to extend my sincere & heartfelt obligation towards all the personages who have helped me in this endeavour. Without their active guidance, help, cooperation & encouragement, I would not have made headway in the project. I am ineffably indebted to Mr. Ashish Kumar Gupta for conscientious guidance and encouragement
References: for Literature review: Pass C.L., Pike R.H: “An overview of working capital management and corporate financing” (1984). Herzfeld B; “How to Understand Working Capital Management” (1990). Hardcastle; “Working Capital Management”,(2009). Thachappilly G. Working Capital Management Manages Flow of Funds”,(2009) Beneda, Nancy; Zhang, Yilei, “Working Capital Management, Growth and Performance of New Public Companies”, Credit & Financial Management Review, (2008) Dubey R, “Working Capital Management-an Effective Tool for Organisational Success” (2008) McClure B, Working Capital Works” (2007) Gass D, “How To Improve Working Capital Management” (2006) Maynard E. Rafuse, “ Working capital management: an urgent need to refocus” Management Decision, (1996) Thomas M Eljelly; “ cash conversion cycle” year (2002.) Lazaridis and Tryfonidis, “ cash conversion cycle” year (2004) Raheman and Nasr;” variables of working capital management” year ( 2004). Falope and Ajilore: “utilisation of resources” year 2003 Kouma Guy, (2001)“Working capital management in healthcare” www.@akdesniz.edu.tr Volume 5; page No 76-89 | 1.) Balance Sheet as at 31st March, 2012 | | | | | Particulars | As on 31st March, 2012 | As on 31st March, 2011 | 2.) BALANCE SHEET AS AT 31st MARCH 2011 (Amount in Rs.) Particulars | | As at 31st March, 2011 | As at 31st March, 2010 | | | | |