STRATEGIC CASH FLOW MANAGEMENT
Cash flow management is a critical part of business continuity planning for Small and Medium Enterprises (SMEs) and cash is the lifeblood of any business, especially in a crisis. With operations of most industries shutting down and operations scaled back in response to the pandemic, many SMEs are looking to implement cash management strategies to survive.
Financial objectives, goals and decisions in the form of cash flows, liquidity, receivables, inventory, payables, are daily operational aspects of business that needs to be and that has to be monitored on a daily and on-going basis. Planning and control of these elements are fundamental to a going-concern.
The program addresses issues related to operational financial aspects, budgets and capital budgeting.
This Course Include
The objectives of the seminar are to provide:
1. An understanding on the reasons and need for financial planning and forecasting
2. An insight to the importance of current assets and management of inventory, receivables, cash and cash equivalents, and payables
3. An understanding of cash flow statement and budgets
4. Explain the concept of capital budgeting and the application of various techniques