Training Course on Cash Flow Management, Analysis, Modelling and Forecasting

Course Description

What is Cash Flow Management? Cash Flow Management is the process and procedure of tracking how much money is coming into and out of your business. This helps you predict and foresee how much money will be available to your business in the future. It also identifies how much money your business needs to cover debts, like paying employees and suppliers.

What is Cash Flow Analysis? A Cash Flow Analysis determines and establishes a company’s working capital—the amount of money available to run business operations and complete transactions. That is computed as current assets (cash or near-cash assets, like notes receivable) minus current liabilities (liabilities due during the upcoming accounting period).

What is Cashflow Modelling? Cashflow Modelling is created, designed and used by financial planners to forecast your future finances. It showcases in real-time how much money you could have in the future and whether you are on the path to achieving your goals.

What is Cash Flow Forecasting? Cash Flow Forecasting is the method of getting an estimate or forecast of a company’s future financial position and is the main planning component of financial management within a company.

This Training Course on Cash Flow Management, Analysis, Modelling and Forecasting offered by Phoenix Center for Policy, Research and Training will provide participants with a comprehensive overview of Cash Flow Management, Analysis, Modelling and Forecasting. In this course, participants will practise and use Cash Forecasting Models which are generally organized along with short, medium and longer timeframes. These are categorized into short, medium and longer-term cash flow models. Through this course, participants will be able to make the decision of what model to use based on the underlying business needs and what view management requires of upcoming cash positions.

Course Objectives

Upon the successful completion of this Training Course on Cash Flow Management, Analysis, Modelling and Forecasting, participants will be able to:

• Assess and know the quality and sustainability of the cash flow drivers
• Understand the importance of cash, how to formulate a cash budget, how to control cash flows and assess performance, and how to improve the cash flow by using debtor management
• Interpret Cash Flow Statements and ratios, and find positive and negative corporate performance
• Understand why Cash Flow Analysis is more significant than the balance sheet and income statement analysis
• Assess and evaluate free cash flow and the capacity of companies to meet their financial commitments
• Get an intensive overview of the tools required to realistically forecast the key cash flow drivers in a business
• Recognize the benefits and limitations of cash flow forecasting
• Explain the cash flow forecasts and debt service in the credit proposal
• Apply a methodical approach to know the key drivers of cash flow in a business, to evaluate the quality and sustainability to ascertain a company’s debt capacity and debt servicing capability

Training Methodology

The course is designed to be highly interactive, challenging and stimulating. It will be an instructor led training and will be delivered using a blended learning approach comprising of presentations, discussions, guided sessions of practical exercise, case study review, web-based tutorials, group work, exploration of relevant issues collaborative strength training, performance measurement, and workshops of participants’ displays, all of which adhere to the highest standards of training. The training technique is built on learning by doing, with lecturers using a learner-centered approach to engage participants and provide tasks that allow them to apply what they’ve learned. Experiential knowledge is also given equal importance within the format of training. Our facilitators are seasoned industry professionals with years of expertise in their chosen fields. All facilitation and course materials will be offered in English.

Who Should Attend?

This Training Course on Cash Flow Management, Analysis, Modelling and Forecasting would be suitable for, but not limited to anyone looking for a refresher on or a deep dive into the topic of Cash Flow Management, Analysis, Modelling and Forecasting; Financial professionals in credit risk analysis or relationship management position, or anyone involved in the assessment of counterparty risk from an underwriting perspective or trade debtor exposure.

Course Content

Module 1: Introduction to Cash Flow Statement

• Understanding Cash Flow movements
• Understanding the importance of Cash Flow Management
• Capital Structure
• Working Capital Management to optimize Cash Flow
• Capital Investment Decisions
• Direct versus Indirect Cash Flow

Module 2: Components of Financial Statement

• Balance Sheet
• Income & Expenditure Account
• Cash Flow Statement
• Statement of Changes in Equity
• Notes to Financial Statements
• Case Study- Cash Flow Statement – Walmart

Module 3: Understanding Working Capital Ratios

• Significance of Working Capital Ratios
• How to Determine the Efficiency of Working Capital Management?
• Current Ratio
• Liquid Asset Ratio
• Inventory Turnover Ratio
• Debtors Turnover Ratio
• Operating Cycle
• Cash Conversion Cycle (CCC)

Module 4: Importance of ERP in Cash Flow Planning

• Sales
• Bill of material
• Material Management
• Procurement
• Production
• Finance

Module 5: Cash Flow Forecast

• Importance of Cash Flow Forecast
• Establish assumptions based on Current Conditions
• Estimate Cash Inflow & Outflows
• Identify Short Term Investments
• Exploring Sources of Funds
• Controlling Application of Funds
• Best Practices in Cash Management

Module 6: Liquidity v/s Solvency

• Difference between Liquidity & Solvency
• Understanding Solvency Ratios
• Shareholder Equity Ratio
• Debt Equity Ratio
• Interest Coverage

Module 7: Capital Expenditure

• Capital Investment Appraisal
• Return on Investment
• Payback period
• Net present Value
• Internal Rate of Return
• Lease or Buy Decisions

Module 8: Cost of Capital

• Borrowing Requirements
• Long term V/s Short Term Borrowing
• Equity or Debt Capital?
• Dividend Policy
• Cost of Capital
• Weighted Average Cost of Capital

Module 9: Case Studies

• Preparation of Direct & Indirect Cash Flow Statements
• Interpretation of Financial Statements of a Listed Company

Requirements

• Participants should be reasonably proficient in English.
• Applicants must live up to Phoenix Center for Policy, Research and Training admission criteria.

NOTE

1. Discounts: Organizations sponsoring Four Participants will have the 5th attend Free
2. What is catered for by the Course Fees: Fees cater for all requirements for the training – Learning materials, Lunches, Teas, Snacks and Certification. All participants will additionally cater for their travel and accommodation expenses, visa application, insurance, and other personal expenses.
3. Certificate Awarded: Participants are awarded Certificates of Participation at the end of the training.
4. The program content shown here is for guidance purposes only. Our continuous course improvement process may lead to changes in topics and course structure.
5. Approval of Course: Our Programs are NITA Participating organizations can therefore claim reimbursement on fees paid in accordance with NITARules.

Booking for Training

Simply send an email to the Training Officer on training@phoenixtrainingcenter.com and we will send you a registration form. We advise you to book early to avoid missing a seat to this training.

Or call us on +254720272325 / +254737566961

Payment Options

We provide 3 payment options, choose one for your convenience, and kindly make payments at least 5 days before the Training start date to reserve your seat:

1. Groups of 5 People and Above – Cheque Payments to: Phoenix Center for Policy, Research and Training Limited should be paid in advance, 5 days to the training.
2. Invoice: We can send a bill directly to you or your company.
3. Deposit directly into Bank Account (Account details provided upon request)

Cancellation Policy

1. Payment for all courses includes a registration fee, which is non-refundable, and equals 15% of the total sum of the course fee.
2. Participants may cancel attendance 14 days or more prior to the training commencement date.
3. No refunds will be made 14 days or less before the training commencement date. However, participants who are unable to attend may opt to attend a similar training course at a later date or send a substitute participant provided the participation criteria have been met.

Tailor Made Courses

This training course can also be customized for your institution upon request for a minimum of 5 participants. You can have it conducted at our Training Centre or at a convenient location.

For further inquiries, please contact us on Tel: +254720272325 / +254737566961 or Email training@phoenixtrainingcenter.com  

Accommodation

Accommodation is arranged upon request and at extra cost. For reservations contact the Training Officer on Email: training@phoenixtrainingcenter.com or on Tel: +254720272325 / +254737566961