Course Details
Cash Flow Management
Confirm your interest please
Professional Development
Accounting / Finance
Manukau Institute of Technology
Faculty of Business and Information Technology
Reception, Floor 2
Corner of Manukau Station Road and Davies Avenue,
Manukau
Half Day
8.30am to 12.30pm
8.30am to 12.30pm
$287.50
including GST
including GST
Developing forecasts and managing your organisation’s cash flow are fundamental skills necessary in running a successful business. Learn about forecasting techniques, revenue and expenditure patterns, and how to align your cash-flow forecasts with your business budget in Cash Flow Management, a half-day MIT Business Course.
You’ll be taught how to distinguish between cash and accrual accounting, different techniques for creating accurate cash-flow forecasts and the components used for managing the cash-conversion cycle. Ensure your business is planning accurately for its financial future – sign up for this course today!
Core Content
Introduction to Cash Flow
•Cash vs. accrual accounting
•Elements of a cash-flow statement
•Confirm forecast period
•Formats and layouts
Building Accurate Cash Flow Forecasts
•Revenue and expenditure patterns
•Impact of capex and investment activities
•Confirm acceptable debt level
Managing the Cash Conversion Cycle
•Receivable collection terms
•Payable credit terms
•Inventory optimisation
•Exchange-rate management
Aligning Budgets and Cash Forecasts
•Use of budgets as a start point
•Ensuring that cash-flow forecasts align with budgets
•Use of rolling forecasts
Outcomes
At the end of this MIT Business Course for SMEs, you will...
•Understand the difference between cash and accrual accounting
Have learned techniques for creating accurate cash-flow forecasts
•Have looked at the components used for managing the cash-conversion cycle
•Understand budget and forecast alignment
Training Style
•Presented by industry expert
•Real-life case studies
•Group discussion
•Action planning for your business with in-class feedback
•Post-course follow-up
Who Should Attend?
•SME owner/managers
•Managers and business managers in any organisation who are required to make use of budgets and forecasts in managing their business
You’ll be taught how to distinguish between cash and accrual accounting, different techniques for creating accurate cash-flow forecasts and the components used for managing the cash-conversion cycle. Ensure your business is planning accurately for its financial future – sign up for this course today!
Core Content
Introduction to Cash Flow
•Cash vs. accrual accounting
•Elements of a cash-flow statement
•Confirm forecast period
•Formats and layouts
Building Accurate Cash Flow Forecasts
•Revenue and expenditure patterns
•Impact of capex and investment activities
•Confirm acceptable debt level
Managing the Cash Conversion Cycle
•Receivable collection terms
•Payable credit terms
•Inventory optimisation
•Exchange-rate management
Aligning Budgets and Cash Forecasts
•Use of budgets as a start point
•Ensuring that cash-flow forecasts align with budgets
•Use of rolling forecasts
Outcomes
At the end of this MIT Business Course for SMEs, you will...
•Understand the difference between cash and accrual accounting
Have learned techniques for creating accurate cash-flow forecasts
•Have looked at the components used for managing the cash-conversion cycle
•Understand budget and forecast alignment
Training Style
•Presented by industry expert
•Real-life case studies
•Group discussion
•Action planning for your business with in-class feedback
•Post-course follow-up
Who Should Attend?
•SME owner/managers
•Managers and business managers in any organisation who are required to make use of budgets and forecasts in managing their business