Advanced Cash Flow and Working Capital Management Course

Introduction

This leading edge Advanced Cash Flow and Working Capital Management training will provide you with not just the theory but also the practical tool kit you will need to supercharge the working capital and cash flow engine that is at the very heart of business performance and strength. There is no question that profit is a key component of long-term success and growth but business history is littered with the names of profitable companies that collapsed through lack of cash resources. Not only is cash the essential fuel that keeps the engine running – modern economic theory recognises cash flow as being the key driver of business and shareholder value.

This practical hands-on workshop style training course will comprehensively cover the principles of effective working capital and cash flow management and will also provide an extensive toolkit of practical methodologies for optimising each of the components of working capital and managing the other key drivers of business cash flow.

Duration

5 Days

Course Objectives

By the end of this training course you will have learned to:

• Master the principles of accounting for cash flow
• Develop your skills in analysing and interpreting cash flow statements
• Implement effective practical strategies for working capital optimisation
• Be proficient in capital investment evaluation methods
• Provide relevant advice on business funding strategy
• Use financial models to produce cash flow forecasts

Who Should Attend?

• Treasury Staff
• Commercial Managers
• Supply Chain and Procurement Team Members
• Receivables and Payables Team Members
• Planning and Budgeting Managers
• Financial and Management Accountants
• Capital Investment and Project Team Members
• Middle and junior management as a useful element in their career advancement

Module 1: Foundation Principles

• Identifying and Meeting Stakeholder Needs
• Fundamentals of Cash Flow and Working Capital
• Principles of Business Accounting and Financial Statements
• The Vital Difference between Profit and Cash Flow
• Analysing and Interpreting the Cash Flow Statement
• The Drivers of Cash Flow, Liquidity and Solvency

Module 2: Understanding and Improving Operating Cash Flow

• Understanding Cost Behaviour
• The Cost - Volume - Profit Relationship
• The Drivers of Profit and Shareholder Value
• Measuring and Managing - Return On Investment
• Measuring and Managing - Asset Management Efficiency
• A strategic Approach to Cost Reduction

Module 3: Understanding and Optimising Working Capital

• How Working Capital Drives Financial Performance
• Understanding the Working Capital Cycle
• Practical Tools to Optimise Inventories
• Practical Tools to Optimise Trade Receivables
• Minimising Cash Float and Accelerating the Cash Cycle
• Using Improvements to Financial Systems to Improve Cash Flow

Module 4: Understanding and Managing Business Funding and Investment

• Sources of Business Funding
• Measuring and Managing – Capital Structure and Risk
• Calculating the Cost of Capital
• Principles of Capital Budgeting
• Using Excel’s Discounted Cash Flow Analysis Tools
• A Cash Flow Based Approach to Capital Investment Decision-making

Module 5: Cash Flow Planning and Forecasting

• Approaches to Managing Cash Resources
• Cash Flow Forecasting Methods
• An Integrated Approach to Risk Management
• Techniques for Managing Risk
• Building a Key Driver Cash Flow Forecast
• Sensitivity Testing Cash Flow Forecasts

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement.

Training Venue 

The training will be held at our Upskill Training Centre. We also offer training for a group at requested location all over the world. The course fee covers the course tuition, training materials, two break refreshments, and buffet lunch.

Visa application, travel expenses, airport transfers, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Upskill certificate upon completion of this course.