Cash Flow Management and Forecasting

To enable accountants and financial managers to achieve greater profitability with more effective cash flow planning and forecasting. Participants will learn how to augment their forecasting skills using the most current financial methodology as well as "outside-the-box" thinking.

Content

• Definition of cash and cash flow
• Contents of cash flow
• Computing cash flow
• Understanding the benefits of having a cash flow
• Enumerating the benefits
• The cash flow forecast
• Importance of cash flow forecast
• General tips in setting up cash flow forecast
• Avoiding bad debts
• Steps in creating cash flow forecast
• Matching your bank statements
• Forecasting your sales
• Know your cash cycle
• Prepare three versions
• Forecasting your costs
• Monitoring your costs
• Your working capital
• Avoiding a cash flow crisis
• Improving your cash position
• Exercises in making cash flow forecast

FOR WHOM: Cashiers, Cash Officers, Treasurers, Accountants, Auditors, Administrators and other officers  who handle cash directly or in supervisory capacity  in Public and Private Sectors.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

Date:

1ST BATCH:       16th – 19th July, 2019     

2ND BATCH:      17th – 20th  December, 2019