Princeton Academy Executive Education

In today’s challenging economic times, managing cash flow is more important than ever. Oftentimes, the root of the problem is having too much uncollected revenue.

It is important for managers from all streams to understand the financial implications of their decision making. It is equally imperative for them to analyse the corporate financial environment.

As per MCA Notification, for all Companies registered with MCA, it is compulsory to maintain “Audit Trail” in their accounting software w.e.f. 1-Apr-2023.

Poor cash management can kill businesses that might have otherwise survived. The financial health of an organization can be improved by using the key tools of good cash management and making better, more informed business decisions. 

When negotiating terms of employment with a prospective employee, a higher take home salary works in the company’s favour. A well-structured salary package which maximizes take-home pay and minimizes tax outgo is better than a higher CTC to attract top talent.