CASH MANAGEMENT TRAINING

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

PRE-ASSESSMENT

Behavioural Assessment

MODULE 1: CASH IN BUSINESS

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 INVENTORY

MODULE 10: INVESTMENT OF SHORT-TERM SURPLUS

POST-ASSESSMENT

HOW TO GET YOUR CERTIFICATE

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About Course

What Will You Learn?

Course Content

PRE-ASSESSMENT

Behavioural Assessment

MODULE 1: CASH IN BUSINESS

Introduction

Lesson 1: Understanding The Importance of Cash in Business Operations

Lesson 2: Exploring The Role of Cash in Financial Decision-Making

Quiz 1

MODULE 2: CASH FLOW CYCLE

Introduction

Lesson 1: Analyzing The Stages of Cash Flow from Operations To Financing

Lesson 2: Identifying Factors Influencing Cash Inflows and Outflows

Quiz 2

MODULE 3: CASH BUDGETS – GENESIS OF FORECASTING

Introduction

Lesson 1: Introduction To Forecasting Techniques for Cash Budgets

Lesson 2: Factors Influencing Cash Budgeting Decisions

Quiz 3

MODULE 4: CASH BUDGETS – FORMATTING

Introduction

Lesson 1: Understanding the Structure and Components of a Cash Budget

Lesson 2: Best Practices for Organizing and Presenting Cash Budget Information

Quiz 4

MODULE 5: CASH BUDGETS – SHORT TERM

Introduction

Lesson 1: Creating Short-Term Cash Budgets for Daily, Weekly, and Monthly Periods

Lesson 2: Managing Cash Inflows and Outflows To Meet Short-Term Financial Obligations

Quiz 5

MODULE 6: CASH BUDGETS – LONG TERM

Introduction

Lesson 1: Developing Long-Term Cash Budgets for Quarterly, Semi-Annual, And Annual Periods

Lesson 2: Incorporating Strategic Financial Planning into Long-Term Cash Management

Quiz 6

MODULE 7: CASH MANAGEMENT TECHNIQUES

Introduction

Lesson 1: Exploring Techniques for Optimizing Cash Flow, Including Cash Pooling and Netting

Lesson 2: Implementing Cash Management Strategies to Enhance Liquidity and Reduce Risk

Quiz 7

MODULE 8: LIQUIDITY AND EFFICIENT USE OF CASH

Introduction

Lesson 1: Understanding Liquidity Ratios and Their Significance in Cash Management

Lesson 2: Balancing Liquidity Needs with Efficient Use of Cash For Investment And Operational Purposes

Quiz 8

MODULE 9: MANAGEMENT OF INVENTORY

Introduction

Lesson 1: Techniques For Optimizing Inventory Levels to Balance Cash Flow and Operational Efficiency

Lesson 2: Inventory Turnover Ratios and Their Impact on Cash Management

Quiz 10

MODULE 10: INVESTMENT OF SHORT-TERM SURPLUS

Introduction

Lesson 1: Evaluating Investment Options for Surplus Cash, Including Money Market Funds and Short-Term Securities

Lesson 2: Minimizing Risk While Maximizing Returns on Short-Term Investments

Quiz 10

CASH MANAGEMENT TRAINING

Module 1-10

POST-ASSESSMENT

Behavioural Assessment

HOW TO GET YOUR CERTIFICATE

Instructions

Student Ratings & Reviews

Terms