Internship report on “Working Capital Management Practices in an IT Product-Based Company – A Case Study on Eastern IT.”

Abstract

The report "Working Capital Management Practices in an IT Product-Based Company – A Case Study on Eastern IT" is based on a three-month internship experience. This report examines how Eastern IT manages working capital and maintain its financial viability and flexibility in the IT space. The report covers the purpose and scope of the study and provides an overview of the company mission, and contributions to the ICT sector in Bangladesh. During the internship period, I was responsible for overseeing receivables, payables; invoicing and assisting in financial statements preparation. This internship assisted me to understand financial controls. Conclusions of the report identify the key emphasis on liquidity, the management of cash flow, and linkages to the activities within departments. The report is concluded with personal reflections, recommendations and academic implications of the experience