Managing and Improving Your Cash Flow FLEXCAST

Overview

This course features comprehensive training in understanding and managing cash flow, an essential aspect of business finance often overshadowed by profit calculations. The benefit for participants is the mastery of tools and techniques to effectively manage cash flow. You’ll learn to differentiate between accounting profits and cash-based profits, understand the cash flow cycle, and develop skills in cash forecasting. This course also covers practical aspects like managing accounts payable, cash acceleration strategies, and selecting appropriate financing options. For professionals in the tax, accounting, and finance sector, this course offers the benefit of enhanced skills in advising businesses on critical cash flow decisions, ultimately contributing to the overall financial stability of the organizations they serve.

Highlights

The nuts and bolts. Analysis of cash flow. Cash budgeting and optimal cash balances. Cash forecasting. Managing payables. Collection and credit management. Smart banking. Obtaining cash and borrowing. Loan qualifications and banking relationships.

Prerequisites

None.

Designed For

CPAs, auditors, consultants, and financial and managerial professionals.

Objectives

Recognize cash flow and factors that affect cash flow. Identify cash management objectives and decisions. Identify the benefits of Zero-Balance Accounts, and more.

Preparation

None.

Notice

This is a FlexCast (no exam required) and may be viewed only Monday - Saturday, 5am - 5pm PT. You may take up to one year from the date of purchase to complete the course. Pause your FlexCast and resume at a convenient day during the hours above. Partial credit for 2+ credit courses: If you are unable to complete the course in one sitting, partial credit can be awarded (minimum of one credit). To earn the remaining credits, you must return later and start the course from the beginning. Use chat to ask questions of a subject matter expert during the program.