This five-day program provides a practical, hands-on understanding of how to manage an organization's cash and liquidity. It moves beyond theory to show how decisions in inventory, payables, and receivables directly impact cash flow and funding needs. Through case studies and Excel exercises, participants will learn to analyze financial statements, evaluate financing options, and build robust cash flow forecasts to guide strategic decisions and ensure financial stability.
- Understand the impact of working capital on profits and cash resources.
- Analyse liquidity and working capital efficiency using key ratios.
- Evaluate short-term financing options like supply chain finance and factoring.
- Manage inventory, payables, and receivables to optimize cash flow.
- Construct and interpret detailed cash flow forecasts.
- Assess short-term investment options for excess cash.
Day 1: Foundations & Working Capital
- Financial Accounting & The Accounting Equation
- Current vs. Non-Current Assets & Liabilities
- Defining Working Capital & the Operating Cycle
- Working Capital Efficiency Ratios
Day 2: Inventory & Payables
- Inventory Management (EOQ, JIT) & Valuation
- Accounts Payable as a Source of Finance
- Supply Chain Financing & Payment Optimization
- Excel Case Study: Payables Scheduling
Day 3: Receivables & Short-Term Financing
- Credit Control & Receivables Management
- Monetizing Receivables: Factoring & Discounting
- Bank Overdrafts & Revolving Credit Facilities
- Excel Case Study: Receivables Collections & Financing Options
Day 4: Cash Analysis & Investment
- Understanding the Cash Flow Statement
- Liquidity, Solvency Ratios & Debt Covenants
- Short-Term Investments (T-bills, Deposits)
- Excel Case Study: Analyzing Investment Options & Returns
Day 5: Liabilities & Forecasting
- Non-Current Liabilities & Debt Amortization
- Building a Cash Flow Forecast
- Determining Sources, Uses & Minimum Cash Balances
- Capstone Excel Case Study: Creating a Comprehensive Cash Flow Forecast
- Financial/Management/Corporate Accountants
- Finance Managers and Financial Controllers
- Financial Analysts and FP&A Managers
- Budget and Forecasting Controllers
- Treasury Professionals