Certified Budget & Cash Flow Management Specialist [CBCMS]-Self Paced

The Certified Budget & Cash Flow Management Specialist course focuses on essential skills to effectively manage budgets and cash flows, ensuring financial health and stability, by learning budgeting principles, cash flow management strategies, and financial analysis techniques.

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When asked how they manage their company's cash flow, many managers may say that 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 recognise 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 utilising the case studies approach. Simple calculations to arrive at essential numbers are expected throughout the programme, as numbers are king when it comes to cash flow.

Modern businesses are an 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, budgeting process and includes a practical guide for preparing and mastering financial budgets.

Obejective:

Understand how to effectively manage your company’s cash resources and develop a systematic way to manage cash
Can construct a statement of cash flows and practice the conservative principle to avoid financial distress or to grow the business without more funding
Understand that cash flow management is a journey, not a destination and to achieve the common understanding cash flow management is a shared responsibility
Focus on various tactics and tools to improve the current cash flow positions and linkage between cash flow and operational decisions
Gain insights on why cash is not free, why opportunity cost is important and the worst thing to do is having excessive cash on hand
Evaluate the various methods of finance and make successful capital investment decisions
Develop effective corporate financial plans aimed at maximizing return and minimizing risk
Prepare, manage and control budgets to support the corporate financial plans

Modules:

M-1: Introduction to Cash Flow Management
M-2: Concept of Working Capital, The Magic Number, Free Cash Flow
M-3: The Introduction to Cash Flow Forecasting
M-4: Financial Distress and How to Avoid It
M-5: Introduction to Budgeting
M-6: Corporate Financial Planning
M-7: Preparing & Managing Budgeting to Support Financial Plans
M-8: Managing & Controlling Cash Flow to Support Financial Plans
M-9: Managing Debt, Saving & Investing
M-10: Advanced Budgeting Techniques

M-1: Introduction to Cash Flow Management

M-2: Concept of Working Capital, The Magic Number, Free Cash Flow

M-3: The Introduction to Cash Flow Forecasting

M-4: Financial Distress and How to Avoid It

M-5: Introduction to Budgeting

M-6: Corporate Financial Planning

M-7: Preparing & Managing Budgeting to Support Financial Plans

M-8: Managing & Controlling Cash Flow to Support Financial Plans

M-9: Managing Debt, Saving & Investing

M-10: Advanced Budgeting Techniques

Features:
Duration: 4 Months
Short Video Materials: Yes
Mode of Learning: Self-Paced

Post Completion:

Electronic Certificate
Digital Badge via Credly.com
Printed Certificate available

Exam Method:

Number of Exams: 01
Number of Questions: 50 MCQ Questions
Duration: 60 Minutes
Total Marks: 100
Pass Mark: 70%

Assignment:

Total Assignments: 05
01 Pre-Course Assignment (Learning Purpose)
03 Class Based Assignment
- Total Marks: 100
- Pass Mark: 70%
01 Capstone Projects
- Total Marks: 100
- Pass Mark: 70%

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Regular Fee	$ 420.00
Special Fee	$ 295.00

Certified Budget & Cash Flow Management Specialist [CBCMS]-Self Paced