Cash Flow Management and Forecasting
5 Day Training
Dates: Available on Request
Locations: Grayston Ridge Office Park, Sandton
Platform: Available In-Class / Online
Price: Available on Request
Course Introduction
Effective cash flow management is crucial for every business, serving as the lifeblood that sustains operations during both prosperous and challenging times. Even businesses with strong long-term profitability potential can face failure if they fail to manage their cash flow effectively. Prospen Africa’s Cash Flow Management and Forecasting training course provides participants with the opportunity to develop and implement strategies for better cash management. Through this course, you will enhance your cash forecasting techniques and gain new insights into improving financial and operational performance.
Course Objectives
Key aspects of modern financial thinking covered in this Cash Flow Management and Forecasting program include:
Recognizing the importance of cash flow analysis
Acquiring practical tools and techniques for accurately forecasting key cash flow drivers
Adopting a systematic approach to understanding the main drivers of cash flow and evaluating the quality and sustainability of a company’s debt capacity and debt servicing ability
Who should attend?
Financial and accounting staff
Supply chain and procurement team members
Receivables and payables staff
Planning and budgeting managers
Capital investment and project team members
Training Methodology
Our diverse instructional approaches ensure effective learning:
– Lectures & Presentations: Engage with expert-driven, stimulating content.
– Course Material: Access well-crafted supporting resources.
– Group Work: Collaborate on discussions and case studies for practical insights.
– Workshops & Role-Play: Participate in immersive, scenario-based activities.
– Practical Application: Focus on applying theoretical knowledge in real situations.
– Post-Training Support: Receive extensive support after training for skill implementation.
Training Outline
Day 1: Introduction to Cash Flow Management
Understanding the importance of cash flow management
Fundamentals of cash flow and working capital
Principles of business accounting and financial statements
How profit is different than cash flow
Analysis of cash flow statement
The drivers of cash flow, liquidity, and solvency
Day 2: Significance of Working Capital
Cash flow and working capital
Recognizing the working capital cycle
Techniques to improve inventories and accounts receivable management
Key cash flow and working capital management ratios
Improving efficiency of the cash cycle
Enhancing financial systems to improve cash flow
Day 3: Enhancing Operating Cash Flows
Significance of operating cash flow
Cost behavior and cost-volume-profit (CVP) analysis
What drives profits and shareholder value
Improving return on investment
Boosting asset management efficiency
Day 4: Sources of Finance and Capital Budgeting
Meaning, nature, and significance of business finance
Sources of business finance
Analyzing and managing capital structure
Calculating the cost of capital
Key principles of capital budgeting
Capital investment decision-making using cash flow method
Discounted cash flow analysis using Excel modeling
Day 5: Techniques of Cash Flow Forecasting
Methods of managing cash resources
Cash flow forecasting techniques
Risk management approach to cash flow forecasting
Techniques for managing risk
Sensitivity analysis of cash flow forecasts
Best practices in cash management
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Accounts Payables, Reconciliations and Income Tax Training
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