Corporate Cash Management: A Treasurer's Guide ON DEMAND
Available Until
Your Desk
15.0 Credits
Member Price $87.00
Non-Member Price $100.00
Overview
The efficient management of cash flows is a critical challenge in today’s corporate world, where mismanagement can lead to financial distress or missed opportunities. This course addresses the problem by presenting a robust framework for effective cash management, crucial for business sustainability. It agitates the issues businesses face due to poor cash flow forecasting, inadequate systems for cash collection, investment, and disbursement, and the lack of proper risk management strategies. The solution is provided through the course’s comprehensive content, which includes techniques for forecasting cash flows, optimizing cash inflow, managing cash through various systems, fundraising, and managing risks associated with cash handling. By the end of the course, participants will be equipped with the knowledge and tools necessary to develop a comprehensive cash management system, ensuring financial stability and efficiency in their organizations.
Highlights
Introduction to cash management. The bank reconciliation. Cash receipts. Types of payments. Investment alternatives. Credit rating agencies. Foreign exchange. Cash management controls.
Prerequisites
None.
Designed For
CPAs, auditors, consultants, and financial and managerial professionals.
Objectives
Identify the key cash management tasks and who is responsible for them. Specify the sources and reliability of information used in cash forecasts. State the formats and uses of the bank reconciliation, as well as the types of differences that may arise. Cite the information requirements of a cash management system, and the frequency with which this information must be collected. Specify the requirements for counterparty risk tracking. Identify the control issues associated with a cash management system, and more.
Preparation
None.
Notice
None.
Leader(s):
Leader Bios
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $100.00
Member Price $87.00