Discuss the Credit Suisse’s working capital practices and current issues/problems.Give suggestions or recommendations to the Credit Suisse in terms on how they can manage their working capital.

Discuss the Credit Suisse’s working capital practices and current issues/problems.Give suggestions or recommendations to the Credit Suisse in terms on how they can

manage their working capital.


Instructions for Submission Please state the following details on your cover page of your assignment: Module Leader: Navin Kumar Module title: Financial Management Module Number: PSB6005CL Word limit: Maximum 1,500 words Any penalties for not complying with word limits will be in accordance with university and faculty policy. Learning Outcomes Assessed The following learning outcomes are being assessed. 1. Critically discuss the role and purpose of the financial management function. 2. Examine and apply working capital management techniques and to advise on the profitable and efficient utilisation of the company's assets. COURSEWORK QUESTION: (1) Discuss the Credit Suisse’s working capital practices and current issues/problems. address 1 working capital problem will do. Credit suisse used far too much capital for far too little return and dragged down the whole group's profits. It consistently destroyed value for investors. This is part of the working capital issue, can discuss and evaluate this point and provide the relevant information. a) need to have at least 3 years of financial report to discuss/evaluate. b) maybe can apply ROA formula in the report (2) Give suggestions or recommendations to the company in terms on how they can manage their working capital. Annual Report 2022 - Consolidated financial statements – Credit Suisse (Bank) 429 VIII – Consolidated financial statements – Credit Suisse (Bank) Controls and procedures 431 Report of the Statutory Auditor 432 Report of the Independent Registered Public Accounting Firm 432-IV Consolidated financial statements 433 Notes to the consolidated financial statements 440 430 Consolidated financial statements – Credit Suisse (Bank) Notes to the consolidated financial statements 1 Summary of significant accounting policies ...........................................................................440 2 Recently issued accounting standards...................................................................................440 3 Business developments, significant shareholders and subsequent events ................................441 4 Segment information ...........................................................................................................441 5 Net interest income .............................................................................................................442 6 Commissions and fees.........................................................................................................442 7 Trading revenues .................................................................................................................442 8 Other revenues ...................................................................................................................442 9 Provision for credit losses ....................................................................................................442 10 Compensation and benefits .................................................................................................443 11 General and administrative expenses ....................................................................................443 12 Restructuring expenses .......................................................................................................443 13 Revenue from contracts with customers ...............................................................................444 14 Securities borrowed, lent and subject to repurchase agreements ............................................445 15 Trading assets and liabilities .................................................................................................445 16 Investment securities ...........................................................................................................445 17 Other investments ...............................................................................................................447 18 Loans.................................................................................................................................448 19 Financial instruments measured at amortized cost and credit losses .......................................449 20 Goodwill .............................................................................................................................456 21 Other intangible assets ........................................................................................................457 22 Other assets and other liabilities ...........................................................................................457 23 Leases .........