Course Description

Cash is the backbone to business survival. This course takes the participant from an introduction about how cash flows move within a business, through to a detailed review of the contents of a cash flow statement. It 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.

Course Goal

To enhance the participants’ knowledge, skills, and abilities necessary to deploy financial forecasting, statistical, and data analysis tools to analyze data trends and problem areas. Also, necessary to understand how cash flow is critical for the success and sustainability of a business, how to maximize the use of cash and how to prepare cash flow statements under direct and indirect methods, and how to use accurate cash flow forecasting and analysis techniques.

Course Objectives

By the end of this course, participant will be able to:

• Recognize the importance and elements of an organization’s cash flow.
• Explain the relationships between cash flow statements, income statements and balance sheets.
• Prepare cash flow statements using direct and indirect methods.
• Describe the impact of working capital management on cash flow.
• Analyze liquidity and the cash flow position of organizations including free cash flow.
• Apply ratio analysis related to cash flow.
• Apply cash flow forecasting techniques.

Who Can Benefit

• Financial Controllers
• Financial Analysts
• Working Capital Managers
• Financial Managers
• Management Accountants
• Business Development Managers
• Business Analysts
• Treasury Professionals.