NASBA Field of Study
Recognize the importance of liquidity & the Defensive Interval
Identify various sources included in a company’s financial capacity
Apply the “External Funds Needed” formula
• Behavioral finance
• Overreaction to random events
• Uncertainty and risk
• Economic reasons of uncertainty
• Liquidity and the defensive interval
• Financial capacity
• Cash conversion cycles
• External Funds Needed formula
• Right sizing operations.
CPAs, industry accounting and finance staff, C-level corporate officers.