Elegant Human Resources Development & Training

CASH FLOW MANAGEMENT

Workshop Description

Cash management is the backbone to business survival. This 5-day course will focus on the core issues and techniques of cash flow management. It will help the participant to forecast his cash needs for tomorrow, next month or next year and how to be effective in managing his working capital in order to face cash flow problems as he wades through today’s economic difficulties.

Workshop Goal

To enhance the participants’ Knowledge, Abilities and Skills necessary to plan and control the company’s cash flow

Workshop Objectives

By the end of the workshop the participant will be able to:

Determine the reasonable level of cash to keep on hand
Determine how much should the firm borrow in the short term
Determine how much credit should be extended to customer
Distinguish between cash management and liquidity management
Explain and manage float
Manage cash Disbursements
Plan how to invest cash Surpluses
Determine Target cash balance
Manage cash and liquidity

Workshop Outline

1. Short-Term Finance and Planning:

Tracing Cash and Working Capital
The Operating Cycle and the Cash Cycle
The Cash Budget
Short-Term Borrowing
A Short-Term Financial Plan

2. Cash and Liquidity Management:

Float Management
Cash Collection
Managing Cash Disbursements
Investing Idle Cash

3. Determining the Target Cash Balance

The BAT Model
The Miller-Orr Model: A More General Approach
Other Factors Influencing the Target Cash Balance

Who Can Benefit VPs of Finance, Controllers, Financial Analysts, Accountants; Project Managers and Leaders; Budget, Business Analysts and Treasury Professionals