When asked how they manage their company's cash flow, many managers may say this is not their primary duty. Is the information they provided, correct?
When asked how they manage their company's cash flow, many managers may say this is not their primary duty. Is the information they provided, correct? This misunderstanding must be remedied early in the careers of prospective corporate executives by tying operational decisions to the resulting cash flow effect. We must recognize that cash flow management is not simply the responsibility of the finance division.
This highly engaging two-day programme will provide participants with a broad picture view of how to manage cash flow efficiently. This programme will improve the participant's capacity to apply diverse cash flow management methods to real-life circumstances by utilizing the case studies approach. Simple calculations to arrive at essential numbers are expected throughout the programme, as numbers are king regarding cash flow.
Modern businesses are the epitome of uncertainty and complexity. Over the period, this uncertainty and complexity in business has led to the development of various managerial tools, techniques and procedures useful in managing business successfully. Of all these, budgeting is the most common and widely used standard device for planning and control. This course provides fundamental understanding of budgeting, the budgeting process and includes a practical guide for preparing and mastering financial budgets.
LEARNING OBJECTIVES
Upon completion of this program, participants will acquire these:
1. Understand how to effectively manage your company’s cash resources and develop a systematic way to manage cash
2. Can construct a statement of cash flows and practice the conservative principle to avoid financial distress or to grow the business without more funding
3. Understand that cash flow management is a journey, not a destination and achieve the common understanding cash flow management is a shared responsibility
4. Focus on various tactics and tools to improve the current cash flow positions and linkage between cash flow and operational decisions
5. Gain insights on why cash is not free, why opportunity cost is important and the worst thing to do is have excessive cash on hand
6. Evaluate the various methods of finance and make successful capital investment decisions
7. Develop effective corporate financial plans aimed at maximizing return and minimizing risk
8. Prepare, manage, and control budgets to support the corporate financial plans
Features:
Duration: 04 Months
Class: 08 Sessions
Class schedule: Sunday 02:00 PM - 04:00 PM GMT
Short Video Material: Not Provided
Mode of Learning: Virtual Class (Via Zoom)
Exam Method:
Assignment:
| Enrollment Closes | 30/Jun/2024 GMT |
| Live Chat | Enabled |
| Regular Fee | $ 560.00 |
| Special Fee | $ 280.00 |
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