In the Cash Management Training Course, you will learn best practices to manage your firm’s working capital (cash available for day-to-day operations) to improve the firm’s liquidity position, financial health, and reduce risk to allow management to take advantage of unexpected opportunities, and to qualify for bank loans and favorable trade credit terms.
Module One: Introduction to Cash Management
Overview of Working Capital
The Working Capital Cash Conversion Cycle (CCC)
How Changes in Current Accounts Impact
Working Capital Investment and Financing Strategies
Management of Credit and Accounts
Management of Inventory
Management of Accounts Payable (A/P)
Multi-National Working Capital
Module Two: Cash Metrics
Basic Financial Concepts
Working Capital Metrics
Cash Conversion Cycle (CCC) Cash Discount Calculations
Accounts Receivable (A/R) Monitoring and Control
Collections and Concentrations
Module Three: Collections, Concentration and Disbursements
Concentration of Funds
Module Four: Short-Term Investing and Borrowing
Managing Short-Term Investments
Pricing and Yields on Short-Term Investments
Managing Short-Term Financing
Module Five: Long-Term and Capital Investments
Managing Capital Market Investments
Valuation of Long-Term Securities
Module Six: Cash Forecasting
Purpose of Cash Forecasting
Issues and Opportunities
Types of Forecasts
The Forecasting Process
Best Practices of Cash Forecasting
Module Seven: Information Technology in Treasury
Information Technology for Treasury
Treasury Management Systems (TMS)
CPE Credits Disclosure
Recommended CPE credit: 24
Recommended field of study: Accounting
Program level: Advanced.
Advance preparation: None
Each Student Receives:
- A student manual or textbook for use during and after the class.
- Instruction from an experienced business professional (minimum of 30 years) with at least five years in a corporate senior management position (CEO, President, COO, Vice President, CFO).
- Real life exercises to support training materials.
- Individual attention (classes are limited to four students).
- Personalized Certificate of Completion.