OBJECTIVE

Cash is still the lifeblood of any business. The objective of this course is to address the principle issues of good cash management and so improve the effectiveness of liquidity and balance sheet management. The course will examine both business and market risks to build the participants knowledge of the more advanced cash management techniques.

APPROACH

• Capital cycle and the objectives of cash management.
• Current trends in cash management
• Effective cash management.
• Cashflow and Business Cycles.
• Reporting and Accounting issues
• Fundamentals and strategy
• Cashflow dynamics
• PV/FV techniques and cashflows
• Evaluating future cashflows
• Valuation techniques
• Asset conversion cycles
• Asset quality control and balance sheet impact
• Warning signals using cashflow analysis
• Liquidity monitoring
• Performance comparison and data study
• Longer term cash projections
• IRR and discounting cashflows
• Risk stages and cashflow patterns
• Sensitising longer term cashflows for change

Groups prepare a cash management package for presentation to the treasury committee, which will consist of other delegates and the Course Director