INTRODUCTION FOR FUNDAMENTALS OF CASH FLOW MANAGEMENT
In today’s changing business conditions and intense competition, there is a need for people for all walks of life to grasp, understand and apply fundamentals of cash flow knowledge to manage a business or personal finance. As the saying goes, Cash is King.
The cash flow module exposed users to basic aspects of cash flow which is essential financial management to further develop the skills and confidence to manage the aspects of finance.
By acquiring these skills, this will enable them to cash flow management strategy to contribute effectively to the organization performance. This programme will highlight methods used by finance function to ensure optimum use of cash inflow and outflow in an organisation.
Who should attend: All professionals with financial responsibility or seeking new knowledge on adding value to the organisation financial position.
COURSE OBJECTIVES
On completion of the programme, participants will be able to: –
- Understand the significance of cash flow and working capital management.
- Understand and explain methods to obtain sources of cash financing for businesses.
- Monitor the success of projects, strategies and even total businesses through efficient cash management and control
- Be more confident in decision making and dealing with treasury specialists and financiers.
- Understand the nature of key financial instruments used by treasury department for hedging and planning.
COURSE CONTENT
Introduction to Cash Management Basics
- What is working capital management?
- Analysing the key financial statements-Profit & Loss and Balance Sheet with Cashflow Statement
- Understand the golden rule of financial management
- Understand the value cycle in an organisation via use of funds and sources of funds.
Fundamental analysis of financial performance
- Ratio analysis of key cash flow metrics
- Benchmarking
Cash flow and working capital management
- Understand the cash flow cycle and how it relates to the organisation.
- Apply efficient working capital control to organisations
- Apply basic interpretation of cash flow statement to understand whether organisation is able to generate cash flow effectively.
- Understand the measures of solvency (finance analysts perspective)
- Understand basic capital investment decision making tools.
Funding growth
- Understand basic capital structure of the company.
- Sources of additional funds (Internal versus external sources)
