Course Overview
This course is designed to provide participants with advanced knowledge and skills in managing cash flow and working capital. It covers various techniques and strategies to optimize cash flow, manage working capital efficiently, and improve the financial health of an organization. The course includes practical exercises and case studies to ensure participants can apply the concepts learned in real-world scenarios.
Course Duration
5 Days
Who Should Attend
- Financial Managers and Controllers
- Treasury Managers
- Accounts Receivable and Payable Managers
- Business Owners and Entrepreneurs
- CFOs and Finance Directors
- Accountants and Financial Analysts
- Anyone involved in financial decision-making within an organization
Course Objectives
By the end of this course, participants will:
- Understand the key components of cash flow and working capital management.
- Implement strategies to optimize cash flow and improve liquidity.
- Analyze and interpret cash flow statements.
- Develop and implement working capital policies and procedures.
- Manage receivables, payables, and inventory more effectively.
- Use financial models and tools to forecast cash flow and working capital needs.
- Identify and mitigate risks associated with cash flow and working capital.
- Enhance decision-making skills related to cash management and working capital optimization.
Course Outline:
Module 1: Foundation Principles
- Fundamentals of Cash Flow and Working Capital
- Principles of Business Accounting and Financial Statements
- The Vital Difference between Profit and Cash Flow
- Analyzing and Interpreting the Cash Flow Statement
- The Drivers of Cash Flow, Liquidity and Solvency
Module 2: Understanding and Improving Operating Cash Flow
- Understanding Cost Behavior
- The Cost – Volume – Profit Relationship
- The Drivers of Profit and Shareholder Value
- Measuring and Managing – Return on Investment
- Measuring and Managing – Asset Management Efficiency
- A Strategic Approach to Cost Reduction
Module 3: Measuring and Improving Performance
- The impact of inflation on financial performance
- Measuring performance: ratios and KPIs
- Benchmarking of performance
- Ratios for cash flow and working capital management
- Basics of working capital management
- Credit risk management
- Financial modeling for cash flow and working capital management
- Spreadsheet modeling and tools and approaches
Module 4: Strategic Cash Management
- Cash flow and Cost modeling
- The economic value cash flow model
- Time value of money and discounted cash flow (DCF)
- The critical investment indicators
- Defining the proper base case, sensitivity, and risk analysis
- Treatment of working capital
- Valuing companies and acquisitions
- Where does net present value (NPV) come from?
- The drivers of value
Module 5: Optimization of Working Capital
- Optimization, not minimization
- Stock
- Debtors and Creditors
- Settlement options
- The cost of working capital
- Long-term and Short-term
- Practical examples
- Engaging the organization
Module 6: Cash Flow Planning and Forecasting
- Approaches to managing cash resources
- Cash flow forecasting methods
- An integrated approach to risk management
- Techniques for managing risk
- Building a fundamental driver cash flow forecast
- Sensitivity testing cash flow forecasts
Customized Training
This training can be tailored to your institution needs and delivered at a location of your choice upon request.
Requirements
Participants need to be proficient in English.
Training Fee
The fee covers tuition, training materials, refreshments, lunch, and study visits. Participants are responsible for their own travel, visa, insurance, and personal expenses.
Certification
A certificate from Ideal Sense & Workplace Solutions is awarded upon successful completion.
Accommodation
Accommodation can be arranged upon request. Contact via email for reservations.
Payment
Payment should be made before the training starts, with proof of payment sent to outreach@idealsense.org.
For further inquiries, please contact us on details below:
