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AddressTetritskaro, Baratashvili Rise #20, 6700
Phone904 81 67 53
Emailinfo@gistgrow.com
Working HoursMonday–Friday, 10:00–18:00
Before you start the course, review the key concepts and frameworks we use in the lectures and simulators.
Working capital is the difference between current assets and current liabilities. It shows whether a company can cover its short-term obligations with current resources. In our courses, we use this metric to assess liquidity and for budget planning.
A cash gap arises when the due date for paying expenses precedes the receipt of income. This happens due to seasonality, delayed payments, or excessive inventory purchases. In the lectures, we discuss forecasting methods that help avoid this gap.
Transaction costs include all expenses related to making payments: banking services, fees, conversion costs, and administrative time. During an audit, we categorize these costs to identify recurring and avoidable charges.
A financial audit covers the review of reports, the assessment of internal control procedures, and the identification of risks. We verify whether the records match the actual situation and whether tax requirements are met. The audit results are used to optimize costs and reduce risks.