Kec Project Report

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A
Project Study Report
On
Training undertaken at
KEC INTERNATIONAL LTD.
Titled
“Improvement of Working Capital Management by
Bringing Efficiency in Billing Process”
Submitted in partial fulfillment for the award of the degree of Bachelor of Business Administration
In Lieu of Paper 306

Under The Supervision Of Submitted by:- Mr. P.C.Janghir Sugandha Sethia BBA III Yr

2011-2012 BIYANI GROUP OF COLLEGE, JAIPUR
UNIVERSITY OF RAJASTHAN

CERTIFICATE BY PROJECT GUIDE

This is to certify that Ms.Sugandha Sethia student of BBA part III of Biyani Girls
College,Jaipur has prepared this project entitled “Improvement of Working Capital Management by Bringing Efficiency in Billing Process” under my supervision.

She has prepared report on the basis basis of training received at “ K.E.C.Intenational Ltd.” for a period of 45 days.

To the best of my knowledge this is an original piece of work.

Date:- Project Guide Mr. P.C.Janghir
CANDIDATE’S DECLARATION

I hereby declare that this project Report entitled “Improvement of Working Capital Management by bringing efficiency in billing process “is a bonafide record of work done by me during the course of summer project work and that it has not previously formed the basis for the award to me for any degree/diploma, associate ship, fellowship, or other similar title of any other institute/society.

Date:
__________________________ ____________________________ Sugandha Sethia

PREFACE

Finance is the lifeblood of an industry. The subject matter of Financial Management has been changing at rapid pace. About a decade ago, the scope of Financial Management was circumscribed to the raising of funds, whenever needed, the financial decision making, and problem solving. But now it has become an integral part of any business enterprise and growth of any business enterprise depends largely on their financial strategy and how finance is being managed. The summer training program is designed to give the future managers the feel of the corporate happenings and work culture. Theses real life situation are entirely different from the stimulated exercise enacted in an artificial environment inside the classroom and it is precisely because of this reason that this summer training has been designed, so that managers of tomorrow does not fill ill in the case when the times comes to shoulder responsibilities. The summer training is a bridge between the institution and organization to make us understand how theoretical knowledge will be applied in the practical field. It was exactly in this context that I was privileged to join KEC International Ltd. (Finance and Accounts Division) as a summer trainee. Established in 1945 as Kamani Engineering Corporation, it was taken over by RPG Groups in 1982 and renamed to KEC International Ltd. in 1984. It is one of the largest EPC Company in transmission and distribution...
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