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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
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