Course Description

Our courses are designed to offer flexibility and convenience, catering to different learning preferences. Choose the option that best fits your schedule and learning style:

Course Options:

✔ Online (Flexible Learning) – $49

• Study at your own pace with flexible online access.
• Ideal for those who prefer self-paced learning.

✔ Face-to-Face (In-Person) – $99

• Attend a 1 Full Day session or 2 Evening Classes for interactive learning.
• Get hands-on experience and engage with instructors directly.

Includes:

🏆 “Award” – Certificate of Participation (Non-Accredited).

“Effective Cash Flow Management” program is designed to assist participants with the managing process of monitoring, analyzing, and adjusting their business’ cash flows.

For all businesses, the most important aspect of effective cash flow management is avoiding extended cash shortages, caused by having too great a gap between cash inflows and outflows. You won’t be able to stay in business if you can’t pay your bills for any extended length of time!

Therefore, you need to perform a cash flow analysis on a regular basis, and use cash flow forecasting so you can take the steps necessary to head off cash flow problems. Many software accounting programs have built-in reporting features that make cash flow analysis easy. This is the first step of cash flow management.

The second step of cash flow management is to develop and use strategies that will maintain an adequate cash flow for your business. One of the most useful strategies for businesses today is to shorten your cash flow conversion period so that your business can bring in money faster.

Emphases of this program are placed on the understanding and applying the management and finance tools and techniques in order to effectively and efficiently manage the company’s cash flows.

Purpose of the Course

In the modern economic environment what matters most is how an organization manages the cash it generates.  Business experts claim that a healthy cash flow is even more important than your business’s ability to deliver its goods or services. — If you fail to have enough cash to pay your suppliers, creditors, or your employees, you’re out of businesses. Researchers have found that even profitable companies have failed due to cash problems. Thus, a healthy cash flow is critical for business survival.

For all businesses, the most important aspect of effective cash flow management is avoiding extended cash shortages, caused by having too great a gap between cash inflows and outflows. You won’t be able to stay in business if you can’t pay your bills for any extended length of time.

Therefore, you need to perform a cash flow analysis on a regular basis, and use cash flow forecasting so you can take the steps necessary to head off cash flow problems. Many software accounting programs have built-in reporting features that make cash flow analysis easy.

This course offers your business the expertise to evaluate current and future success through effective management of cash. It provides comprehensive benchmarks that will enable your company to reach best-practice levels in cash flow management.

Learning Outcomes

On successful completion of this course, participants will be able to:

• Review the company’s cash balances to ensure that there is adequate cash on hand to pay for planned operations during the current period
• Explain and recommend the cash flow position of your organization
• Describe realistic, pessimistic and optimistic cash flow budgets
• Identify adequate liquidity in the business operations
• Check and maintain credit risk, foreign currency risk and interest rate risk within acceptable limits.
• Identify ways to maximize business profits by developing collections activity plans
• Review cash flow control
• Calculate Cash flow statements
• Measure Cash flow projections
• Check liquidity in the cash flow cycle
• Explain the cash forecasting process
• Tell the three (3) cash plan: – ‘expected, pessimistic and optimistic’
• Recall the cash management audit controls

Content:

• Cashflow cycle
• Managing cashflow
• Cash cycle time
• Managing liquidity
• Cashflow budgets
• Cash management audit