Cashflow Management

Course Objectives

• Stressing the importance of cashflow management
• Defining cash, cash infows and outflows and components of cashflow & the practice of good & effective cash flow management
• To enable participants in preparation of cashflow budget for financial/cash planning for their businesses
• Understanding the cashflow cycle and how it affects businesses
• Learning to appreciate the concept of ‘accelerate the collection of remittances and improve control of disbursements’
• Learning and understanding financial indicators (ratios) covering stability, profitability and solvency of businesses, and interpretation of financial statements

Target Audience

Executives and managers (finance and non-finance), accountants, finance managers, financial controllers, departmental heads, senior managers, and all managers involved in preparation of budgets.

Course Modules

• Module 1: Understanding what is cashflow
• Module 2: Understanding terms: Profits, revenue, expenses, expenditures, cashflows
• Module 3: Differences between cashflow and Profit/Loss (Workgroup)
• Module 4: Why ‘turnover’ is an illusion and ‘cash’ is real
• Module 5: Learning to read the cashflow statement in corporate reportings (Workgroup)
• Module 6: Understanding the ‘cashflow cycle’
• Module 7: Sources of cash and funding (Workgroup)
• Module 8: Understanding ‘Treasury Management’
• Module 9: Ideal strategy for cashflow for business, i.e. “accelerate the collection of remittances and improve control of disbursements” policy how to achieve it
• Module 10: Planning cashflow for seasonal business
• Module 11: How to manage during periods of ‘negative cashflows’
• Module 12: Other options for better cashflows (barter, etc)
• Module 13: What is budgets and the objectives of budget (advantages of budget)
• Module 14: Understanding capital vs operating expenditure (Capex budgets vs Operating budget)
• Module 15: Preparing an effective cash budget (Case study and Workgroup)
• Module 16: How to formulate assumptions and the basis for Cash Budget
• Module 17: Quick introduction to financial statements (i.e. Profit & loss statement & balance sheet)
• Module 18: Ratio Analysis
• Module 19: Learning how each category of ratios are inter-related and interpretation of them and assessing the financial health of a company (Workgroups)