C&LMCash and Liquidity ManagementMastering Cash Management: Navigating Working Capital Dynamics and Forecasting Cash Flows
Rating:
English
Intermediate
35 Nasba
FACE 2 FACE
ON SITE TRAINING
LIVE VIRTUAL
TRAINING
COACHING
& MENTORING
SELF-PACED
TRAINING
Select Date
Download Brochure
Course Overview
Cash management or the management of an entitys liquidity, requires an understanding of the assets and liabilities that directly affect the flow of cash resources. Cash forms part of the working capital of an entity, and all the elements of the working capital have a direct influence on the cash flows.
During this course, we will discuss the major elements of working capital and their impact on the cash resources of the entity. We will also analyse the efficiency of an entity at managing their working capital and sources/uses of cash resources. Finally, we will look at ways of forecasting the cash flows of an entity. At the end of the course a certificate will be issued and the successful participants will also receive NASBA CPE credits.
Key Takeaways
1
Understand the impact of accounting transactions on profits and cash resources.
2
Understand what is working capital and its impact on funding requirements.
3
Analyze liquidity and working capital efficiency.
4
Quantify the impact of various financing options on current and future cash flows.
5
Analyze liquidity and solvency of an entity.
National Association of State Boards of Accountancy
LEORON Professional Development Institute DMCC is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org
Course Outline
Day 1
An introduction to financial accounting
→ What is financial accounting?
→ The accounting equation
→ Assets and liabilities
→ Current vs Non-Current
→ The relationship with profits and cash resources
Case study: The participants will be required to allocate the values of a number of transactions to different categories of asset, liabilities, income or expenses, and also state the impact on cash resources.
→ The accounting equation
→ Assets and liabilities
→ Current vs Non-Current
→ The relationship with profits and cash resources
Case study: The participants will be required to allocate the values of a number of transactions to different categories of asset, liabilities, income or expenses, and also state the impact on cash resources.
What is working capital and why is it important?
→ Definition of working capital and operating working capital
→ The working capital cycle
→ The difference between positive and negative working capital
→ The impact on business and funding requirement
Case study: The participants will be required to calculate the working capital and operating working capital of a company based on the information provided and discuss the funding requirements related to this level of working capital.
→ The working capital cycle
→ The difference between positive and negative working capital
→ The impact on business and funding requirement
Case study: The participants will be required to calculate the working capital and operating working capital of a company based on the information provided and discuss the funding requirements related to this level of working capital.
Working Capital Management
→ Working capital efficiency ratios
→ Monitoring of efficiency ratios for performance analysis
→ Cost-benefit analysis for working capital management
Case study: The participants will be required to analyse a company’s working capital efficiency and present a report about their findings. It will be useful if they also compare against the industry and competitors.
→ Monitoring of efficiency ratios for performance analysis
→ Cost-benefit analysis for working capital management
Case study: The participants will be required to analyse a company’s working capital efficiency and present a report about their findings. It will be useful if they also compare against the industry and competitors.
Day 2
Inventory
→ The different types of inventory
→ Issues related to costing of inventory
→ Inventory costing methods
→ Impairment of inventory
• Obsolescence and other issues with inventory valuation
→ The impact of inventory valuation on profits and cash forecasts
→ Inventory management techniques
• Economic Order Quantity (EOQ)
• Just in time (JIT)
Case study: The participants will be required to calculate the future cash impact of inventory purchases based on predictions, calculate the impact of changing the costing method on current profits, and the potential future cash impact of inventory impairment. They may use Microsoft Excel.
→ Issues related to costing of inventory
→ Inventory costing methods
→ Impairment of inventory
• Obsolescence and other issues with inventory valuation
→ The impact of inventory valuation on profits and cash forecasts
→ Inventory management techniques
• Economic Order Quantity (EOQ)
• Just in time (JIT)
Case study: The participants will be required to calculate the future cash impact of inventory purchases based on predictions, calculate the impact of changing the costing method on current profits, and the potential future cash impact of inventory impairment. They may use Microsoft Excel.
Accounts payable
→ What is included in accounts payable?
→ Trade payables
→ Other payables and reserves
→ Accounts payable as a source of finance?
→ Payables management techniques
• Supply chain financing
• Payment management options
Case study: The participants will be required to prepare a monthly schedule of payables payments over a period of time, to determine the company’s cash flow requirements. They will also need to discuss any options available to delay the cash outflow and improve short term liquidity. They may use Microsoft Excel.
→ Trade payables
→ Other payables and reserves
→ Accounts payable as a source of finance?
→ Payables management techniques
• Supply chain financing
• Payment management options
Case study: The participants will be required to prepare a monthly schedule of payables payments over a period of time, to determine the company’s cash flow requirements. They will also need to discuss any options available to delay the cash outflow and improve short term liquidity. They may use Microsoft Excel.
Day 3
Accounts receivable
→ What is included in accounts receivable?
→ Trade receivables
→ Credit control procedures
→ Provision for doubtful debts
→ Other receivables
→ Monetising your trade receivables
• Invoice discounting and factoring
• Settlement discounts and the real cost of funding
• Receipts management options
Case study: The participants will be required to prepare a monthly schedule of expected receivables collections, to determine the company’s cash inflows. They will also need to discuss the options available to speed up the collections and improve short term liquidity. They may use Microsoft Excel.
→ Trade receivables
→ Credit control procedures
→ Provision for doubtful debts
→ Other receivables
→ Monetising your trade receivables
• Invoice discounting and factoring
• Settlement discounts and the real cost of funding
• Receipts management options
Case study: The participants will be required to prepare a monthly schedule of expected receivables collections, to determine the company’s cash inflows. They will also need to discuss the options available to speed up the collections and improve short term liquidity. They may use Microsoft Excel.
Short term sources of finance
→ Bank overdrafts and revolving credit facilities
→ Short term portion of loans
→ Other short term financing options
Case study: The participants will be required to quantify the immediate and future impact on cash resources of a number of short term financing transactions. They will also need to discuss any alternative options and whether they would be preferable to the ones presented. They may use Microsoft Excel.
→ Short term portion of loans
→ Other short term financing options
Case study: The participants will be required to quantify the immediate and future impact on cash resources of a number of short term financing transactions. They will also need to discuss any alternative options and whether they would be preferable to the ones presented. They may use Microsoft Excel.
Day 4
Cash Flow analysis
→ Understanding the Cash Flow Statement
→ Liquidity ratios
→ Solvency ratios and impact of debt covenants
Case study: The participants will be required to assess the liquidity of a company based on its annual financial statements and give suggestions as to how to improve it.
→ Liquidity ratios
→ Solvency ratios and impact of debt covenants
Case study: The participants will be required to assess the liquidity of a company based on its annual financial statements and give suggestions as to how to improve it.
Cash management
→ Operating cash balances
→ What are cash equivalents?
→ Types of cash investments
• Interest-bearing deposits
• Short term treasury bills
• Other securities
→ Principles of short term investments
→ Cash management options
Case study: The participants will be required to analyse various short term investment options and make a recommendation as to which to invest in and for how long. This should be supported by a presentation of the current and future cash impact of each option, and the annualised return on investment for each option. They may use Microsoft Excel.
→ What are cash equivalents?
→ Types of cash investments
• Interest-bearing deposits
• Short term treasury bills
• Other securities
→ Principles of short term investments
→ Cash management options
Case study: The participants will be required to analyse various short term investment options and make a recommendation as to which to invest in and for how long. This should be supported by a presentation of the current and future cash impact of each option, and the annualised return on investment for each option. They may use Microsoft Excel.
Non-current assets
→ Types of non-current assets
→ Depreciation and amortisation
→ Impact on cash flow
Case study: The participants will be required to prepare a schedule of the funding requirements related to non-current assets. They may use Microsoft Excel.
→ Depreciation and amortisation
→ Impact on cash flow
Case study: The participants will be required to prepare a schedule of the funding requirements related to non-current assets. They may use Microsoft Excel.
Day 5
Non-current liabilities
→ Types of non-current liabilities
→ Amortising debt and interest impact
→ Debt waterfall
Case study: The participants will be required to prepare a debt amortisation schedule and debt waterfall to determine the cash flow requirements for debt servicing. They may use Microsoft Excel.
→ Amortising debt and interest impact
→ Debt waterfall
Case study: The participants will be required to prepare a debt amortisation schedule and debt waterfall to determine the cash flow requirements for debt servicing. They may use Microsoft Excel.
Cash flow forecasting
→ Why the need for a cash flow forecast?
→ The difference between the Cash Flow Statement and a cash flow forecast
→ The sources of funds
→ The uses of funds
→ Minimum cash balances
Case study: The participants will be required to create a cash flow forecast based on the information provided. They may use Microsoft Excel.
→ The difference between the Cash Flow Statement and a cash flow forecast
→ The sources of funds
→ The uses of funds
→ Minimum cash balances
Case study: The participants will be required to create a cash flow forecast based on the information provided. They may use Microsoft Excel.
Who Should Attend?
This highly practical and interactive course has been specifically designed for
This program is designed for delegates who wish to understand how to manage cash resources by managing working capital. It would benefit both individuals without previous knowledge of financial accounting and those who have some experience, as there is a focus on the impact on cash resources. However, no previous knowledge of financial accounting is required, as we will cover the basics before going into more detail. Individuals in the following job descriptions, as well as those with an interest in cash management, would benefit from this course:
→ Management accountants
→ Financial accountants
→ Financial analysts
→ Finance managers
→ Corporate accountants
→ Financial controllers
→ Budget and forecasting controllers
→ Financial planning and analysis managers
FAQ
What language will the course be taught in and what level of English do I need to take part in a LEORON training program?
Most LEORON courses are delivered in English. However, there are some courses offered in Arabic, mainly online. For our in-house courses, sessions can be curated and delivered in any language upon request. In general, the best way to confirm language availability is to check with our Enrollment Managers for the most up-to-date information. Simply click on “Let’s talk on WhatsApp” to chat with us directly.
What formats are the courses offered in?
LEORON delivers training in various formats including face-to-face, live virtual sessions, self-paced learning, in-house delivery as well as online courses.
Are LEORON Public courses certified by an official body/organization?
Yes, most LEORON public courses are accredited by internationally recognized bodies such as CIPD, ATD, PMI, EdEx, and many others—depending on the course.
Who accredits LEORON’s training programs?
LEORON partners with over 20 international bodies such as PMI, CIPD, ATD, EdEx, NASBA, CISI, GARP, HRCI, SHRM, ACCA, ASQ, IIA, ILM, IAC, and others
Are CPD points or PDUs provided?
Yes, learners can earn CPD credits and professional development units (PDUs) including NASBA CPEs, PMI PDUs, CISI, GARP, HRCI, SHRM, and more.
How can I register for a course?
You can register through our website by filling in the inquiry form, or by speaking directly with one of our consultants via WhatsApp or email. Once we confirm your interest, we’ll guide you through the steps.
When is the registration deadline for public courses?
Registration typically closes 14 days before the course start date, with occasional late registrations accepted upon confirmation
What is included in the course fee?
The fee generally covers 5-star venue facilities, training materials, certified instruction, lunches and refreshments, plus certification and membership where applicabl0065
Are there group rates or discounts?
Yes, group bookings and corporate-level discounts are available. Learners are encouraged to reach out to discuss specific arrangements
What support is available with registration?
Enrollment Managers and a Registration Desk assist with the entire process, including deadlines, travel logistics, and course customization. As well as any other special requests you might have. Simply to go your preferred course and click on “Let’s chat on WhatsApp” to do so.
Can I request a bespoke course at my location or within my organization?
Yes, in-house training is fully customizable in terms of curriculum, language, delivery, and timing. You can suggest dates and locations. Simply to go your preferred course and click on “Let’s chat on WhatsApp” in order to address any questions or concerns in this regards.
What is the refund or cancellation policy?
Refund and cancellation policies vary depending on the course type and location. Generally, cancellations made at least 14 days before the course start date may be eligible for a full or partial refund, while cancellations made closer to the course date may incur a fee. For exact terms, please consult your Enrollment Manager or refer to the course confirmation email.
Can I register multiple employees from my company?
Yes. We support group registrations and offer corporate packages for organizations enrolling multiple participants. Our team can help coordinate the logistics for group bookings.
Who should attend these courses?
LEORON caters to a variety of professionals: from those seeking leadership development to project managers, HR specialists, finance professionals, cybersecurity, procurement, Ai enthusiasts and many others.
Do I need prior experience or academic qualifications?
Not always. Many specialized paths, like cybersecurity, accept learners without prior experience. However, some courses (e.g., PMI PDU-based ones) may have recommended prerequisites. Its always better to chat with one of our Enrollment Managers to discuss more. Simply to go your preferred course and click on “Let’s chat on WhatsApp” to do so.
Will I receive a certificate after completing the course?
Yes. Upon full attendance and successful completion, you will receive a certificate of participation or accreditation, depending on the course.
Are meals and refreshments included in face-to-face courses?
Yes. For in-person courses, lunch and coffee breaks are provided daily at the venue.
Can LEORON deliver a course in-house at our organization?
Absolutely. All programs can be delivered privately at your company or virtually for your team, customized to match your internal goals and structure.
Reviews
- Review:IAMM Internal Audit Maturity ModelIn recognition of their dedication and contribution supporting IKEA Saudi Arabia in arranging training programs during 2017 & 2018, looking forward for more development and exciting effort this year. On behalf of IKEA Saudi Arabia, THANK YOU!Dalal Kutbi
- Review:Certified Professional in Quality and Patient SafetyDating back to 2014, Mobily’s “LEORON” experience has grown from a single collaboration to a long-term partnership. We consider “LEORON” Institute as a strategic partner, whose contribution has been nothing but premium in equipping our staff with field-based knowledge and information. Past three years have resulted with an expanded collaboration with superior customer service and support. Best Regards,Turki S. Alsahaan
- Review:Certified Professional in Quality and Patient SafetySince the partnership was signed between BAE Systems Saudi Development & Training and LEORON in 2017, we have been working together to offer the Saudi market a complete portfolio of training solutions benefiting from the wide and extensive experience of both parties. Recognizing the great success of this partnership, we are looking for further collaborations in the future that will position both companies as one of the leading training providers in Saudi Arabia. We thank the LEORON team for their full cooperation and continuing support, and look forward to further success together in the years to come.Emad Alrajih
- Review:Certified Professional in Quality and Patient SafetyWe have been working with LEORON for the past two years and will be working with them again this upcoming year. The programs they delivered were fruitful and exciting and our organization has received positive feedback from the participants. What our organization aims to do is to provide at no cost training for all the private sector employees so that they may benefit from our offered programs in Innovation and Professional development. LEORON has helped us achieve this goal. We look forward to continuing this service and wish them the best of luck. Regards,Nasser M. Al-Subaie
