Advanced Working Capital for Trade
Learning Objectives
By the end of this eCourse you will be able to:
Identify the two main activity fields of any company’s commercial activity.
Analyse the components of the working capital cycle.
Explain how DIO, DSO, and DPO contribute to a company’s working capital.
Understand how payables and receivables financing works.
Identify the drivers of effective and successful working capital management.
Analyse the processes for asset conversion cycle and cash conversion cycle.
Identify the causes of working capital problems.
Identify and recognize the factors in calculating working capital and the cash conversion cycle.
Recognize the difference between repurchase agreements and traditional bank loans.
Understand the relevance and importance of the company treasury function.
Course curriculum
Lessons
In this lesson, you will have an understanding of the asset conversion cycle and cash conversion cycle which then leads to the meaning and functions of working capital management.
In this lesson, you will learn the main factors that drive a company’s working capital such as days inventory outstanding (DIO), days sales outstanding (DSO), and days payables outstanding (DPO).
In this lesson, you will learn all the commonly used terminologies to define, calculate, and measure working capital and the cash conversion cycle, as well as what various ratios mean and how they can get influenced.
In this lesson, you will have an understanding of the trade finance instruments and how they impact the working capital of a company.
In this lesson, you will learn the levers and decisions that a company has at its disposal and understand the impact of each business decision on its working capital.
In this section, we will look at two sample case studies that show how simple solutions can remedy problems often seen in this sector.
This section will test your knowledge on what you have learned so far. Please note this is not an exam.
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FAQs
Answers to your most commonly asked questions.
This course forms part of the curriculum for the Certified Trade Finance Professional (CTFP) but can also be purchased on its own.
If you just complete this course then you will earn a Letter of Completion once you finish (please note there is no exam for this individual course).
However, this course can also be put towards achieving the CTFP qualification. More details can be found here.
If you complete the CTFP then you will earn a Certificate of Achievement, signed by the ICC Secretary General, once you pass the final exam.
All candidates need to be able to read and write in English. For this course, we recommend that you have previously completed the ICC Academy’s Introduction to Trade Finance course.
Your purchase includes 12 months to access all the lessons. You can access the lessons as many times as you like within the 12-month access period.
This course is accredited by the London Institute of Banking and Finance (LIBF), The Bankers Association for Finance and Trade (BAFT) and the Global Trade Professionals Alliance (GTPA).
Due to the immediate availability of our course content upon registration, ICC Academy has a strict no-refund policy for our courses and certifications. For more details, please refer to our Terms and Conditions.
This online course will take approximately 5-6 hours to complete depending on your level of experience.
Candidates will have 12 months access to the lessons which can be repeated.
- One-year access to the online course and all 7 lessons
- Two case studies and 36 assessment questions – we’ll show you how to apply what you learn to real-world scenarios. Please note this is not an exam.
- A printable glossary containing all the key terms for you to refer to throughout the course
- A downloadable study reference guide
- Dedicated, full-time IT support
- Certificate of completion
Yes, all our courses are taken online. This means they are accessible at any time, from anywhere in the world. Learn when and where you want.
This course has been designed for general practitioners working in banks, corporates, or financial institutions in functions such as relationship management, credit and compliance, but with an interest in trade finance.
