MASTERING CASH MANAGEMENT: STRATEGIES FOR FINANCIAL CONTROL AND EFFICIENCY

About Course

This comprehensive online course offers in-depth insights into the principles and practices of cash management, equipping participants with the knowledge and skills necessary to effectively manage cash flow within a business context. Covering a range of essential topics from understanding the role of cash in business to advanced cash management techniques, this course provides practical guidance for optimizing liquidity, minimizing risk, and maximizing financial performance.

Understand the significance of cash within a business and its impact on financial health.
Identify the components of the cash flow cycle and analyze its implications for business operations.
Develop cash budgets using forecasting techniques, both short-term and long-term, to facilitate effective financial planning.
Apply formatting principles to create organized and actionable cash budgets.
Implement cash management techniques to optimize cash flow and liquidity.
Evaluate strategies for the efficient use of cash and maintaining adequate liquidity levels.
Explore best practices for managing receivables to minimize outstanding balances and improve cash inflow.
Assess inventory management strategies to balance stock levels and cash flow requirements effectively.
Analyze investment options for short-term surplus cash to maximize returns while managing risk.

Course Content

MODULE 1: CASH IN BUSINESS

Introduction

00:00
Understanding The Importance of Cash in Business Operations

00:00
Exploring The Role of Cash in Financial Decision-Making

00:00

MODULE 2: CASH FLOW CYCLE

MODULE 3: CASH BUDGETS – GENESIS OF FORECASTING

MODULE 4: CASH BUDGETS – FORMATTING

MODULE 5: CASH BUDGETS – SHORT TERM

MODULE 6: CASH BUDGETS – LONG TERM

MODULE 7: CASH MANAGEMENT TECHNIQUES

MODULE 8: LIQUIDITY AND EFFICIENT USE OF CASH

MODULE 9: MANAGEMENT OF RECEIVABLES

MODULE 10: MANAGEMENT OF INVENTORY

MODULE 11: INVESTMENT OF SHORT-TERM SURPLUS

CASH MANAGEMENT TRAINING

HOW TO GET YOUR CERTIFICATE

About Course

What Will You Learn?

Course Content

MODULE 1: CASH IN BUSINESS

Introduction

Understanding The Importance of Cash in Business Operations

Exploring The Role of Cash in Financial Decision-Making

MODULE 2: CASH FLOW CYCLE

Introduction

Analyzing The Stages of Cash Flow from Operations To Financing

Identifying Factors Influencing Cash Inflows and Outflows

MODULE 3: CASH BUDGETS – GENESIS OF FORECASTING

Introduction

Introduction To Forecasting Techniques for Cash Budgets

Factors Influencing Cash Budgeting Decisions

MODULE 4: CASH BUDGETS – FORMATTING

Introduction

Understanding the Structure and Components of a Cash Budget

Best Practices for Organizing and Presenting Cash Budget Information

MODULE 5: CASH BUDGETS – SHORT TERM

Introduction

Creating Short-Term Cash Budgets for Daily, Weekly, and Monthly Periods

Managing Cash Inflows and Outflows To Meet Short-Term Financial Obligations

MODULE 6: CASH BUDGETS – LONG TERM

Introduction

Developing Long-Term Cash Budgets for Quarterly, Semi-Annual, And Annual Periods

Incorporating Strategic Financial Planning into Long-Term Cash Management

MODULE 7: CASH MANAGEMENT TECHNIQUES

Introduction

Exploring Techniques for Optimizing Cash Flow, Including Cash Pooling and Netting

Implementing Cash Management Strategies to Enhance Liquidity and Reduce Risk

MODULE 8: LIQUIDITY AND EFFICIENT USE OF CASH

Introduction

Understanding Liquidity Ratios and Their Significance in Cash Management

Balancing Liquidity Needs with Efficient Use of Cash For Investment And Operational Purposes

MODULE 9: MANAGEMENT OF RECEIVABLES

Introduction

Minimizing Credit Risk and Accelerating Receivables Turnover

Strategies For Effective Management of Accounts Receivable to Improve Cash Flow

MODULE 10: MANAGEMENT OF INVENTORY

Introduction

Techniques For Optimizing Inventory Levels to Balance Cash Flow and Operational Efficiency

Inventory Turnover Ratios and Their Impact on Cash Management

MODULE 11: INVESTMENT OF SHORT-TERM SURPLUS

Introduction

Evaluating Investment Options for Surplus Cash, Including Money Market Funds and Short-Term Securities

Minimizing Risk While Maximizing Returns on Short-Term Investments

CASH MANAGEMENT TRAINING

Module 1-11

HOW TO GET YOUR CERTIFICATE

Instructions

Student Ratings & Reviews

Terms