Course Description
This intensive 5-day course provides a comprehensive understanding of cash flow management and forecasting techniques. Participants will learn to analyze financial statements, optimize working capital, and develop accurate cash flow forecasts. The course covers both short-term and long-term forecasting methods, risk management, and strategic financial planning.
Learning Objectives
- Master cash flow analysis and interpretation techniques
- Develop effective working capital optimization strategies
- Learn to create accurate short-term and long-term cash flow forecasts
- Understand risk management in cash flow forecasting
- Gain insights into strategic financial planning and decision-making
Course Modules
Day 1: Fundamentals of Cash Flow Management
- Introduction to cash flow concepts and importance
- Understanding financial statements and cash flow components
- Cash flow analysis techniques
- Key performance indicators for cash management
Day 2: Working Capital Optimization
- Working capital management principles
- Inventory management strategies
- Accounts receivable and payable optimization
- Cash conversion cycle improvement techniques
Day 3: Cash Flow Forecasting Techniques
- Short-term vs. long-term forecasting methods
- Direct and indirect forecasting approaches
- Statistical forecasting models
- Technology and tools for cash flow forecasting
Day 4: Risk Management in Cash Flow Forecasting
- Identifying and assessing cash flow risks
- Scenario analysis and stress testing
- Currency risk management
- Contingency planning for cash flow management
Day 5: Strategic Financial Planning and Decision-Making
- Integrating cash flow forecasts into financial planning
- Capital budgeting and investment decisions
- Financing strategies and cash flow implications
- Performance measurement and reporting
Practical Wins for Participants
- Ability to create accurate and reliable cash flow forecasts
- Skills to optimize working capital and improve cash conversion cycle
- Techniques to identify and mitigate cash flow risks
- Improved decision-making capabilities for financial planning and investments
Credits: 5 credit per day
Course Mode: full-time
Provider: Blackbird Training Centre
