By the end of the course, participants will be able to:

• Analyze the impact of accounting transactions on profits and cash resources.
• Evaluate working capital components and improve their management to optimize funding.
• Assess liquidity using cash flow statements and financial ratios.
• Forecast cash flows to anticipate funding needs and plan accordingly.
• Apply best practices in managing receivables, payables, and short-term financing.

• Financial Controllers
• Corporate Accountants
• Finance Managers
• Budget and Forecasting Analysts

Module 1: Introduction to Financial Accounting

• The accounting equation and its impact on cash
• Differentiating assets and liabilities
• Profit vs. cash flow dynamics

Module 2: Working Capital Essentials

• Definition and significance of working capital
• Positive vs. negative working capital
• Impact on business funding

Module 3: Working Capital Management

• Efficiency ratios and their interpretation
• Performance monitoring techniques
• Cost-benefit analysis in working capital decisions

Module 4: Accounts Receivable Management

• Credit control and doubtful debts
• Receipts management options
• Monetizing trade receivables

Module 5: Inventory Management

• Inventory costing methods and valuation issues
• EOQ and JIT techniques
• Impact on cash forecasts

Module 6: Accounts Payable and Financing Options

• Payables as a financing tool
• Supply chain financing techniques
• Payment management

Module 7: Cash Flow Analysis

• Interpreting the cash flow statement
• Liquidity and solvency ratios
• Debt covenant implications

Module 8: Cash Management Tools and Techniques

• Types of cash investments
• Interest-bearing instruments and T-bills
• Principles of short-term investments

Module 9: Non-Current Assets and Liabilities

• Depreciation and amortization impacts
• Managing amortizing debt
• Understanding debt waterfalls

Module 10: Cash Flow Forecasting

• Differences between cash flow statement and forecast
• Identifying sources and uses of funds
• Determining minimum cash requirements

The course combines various teaching methods, including instructor-led presentations, group discussions, case study analyses, and assessments through quizzes and a final exam to engage participants and ensure they understand and retain the material.