Self-Study
Managing and Improving Your Cash Flow
Improve your business's cash flow using forecasting, payables, and financing strategies.
$174.00 – $204.00
Webcasts are available for viewing Monday – Saturday, 8am – 8pm ET.
Without FlexCast, you must start with enough time to finish. (1 Hr/Credit)
Secure Transaction CPE Credits
6 Credits: Finance
Course Level
Overview
Format
Self-Study
Course Description
This course features comprehensive training in understanding and managing cash flow, an essential aspect of business finance often overshadowed by profit calculations. The benefit for participants is the mastery of tools and techniques to effectively manage cash flow. You’ll learn to differentiate between accounting profits and cash-based profits, understand the cash flow cycle, and develop skills in cash forecasting. This course also covers practical aspects like managing accounts payable, cash acceleration strategies, and selecting appropriate financing options. For professionals in the tax, accounting, and finance sector, this course offers the benefit of enhanced skills in advising businesses on critical cash flow decisions, ultimately contributing to the overall financial stability of the organizations they serve.
Learning Objectives
Upon successful completion of this course, you will be able to:
Chapter 1
- Recognize cash flow and factors that affect cash flow
- Identify cash management objectives and decisions
Chapter 2
- Identify the difference between accounting profits and other profits.
- Recognize how to compute and analyze cash liquidity.
- Identify cash utilization options.
Chapter 3
- Identify factors of the cash flow cycle.
- Recognize the items recorded within a statement of cash flows.
- Identify components of a cash budget.
- Recognize cash expenses vs. non-cash expenses.
Chapter 4
- Recognize items used for internal control and audit procedures.
Chapter 5
- Recognize the benefits of cash forecasting and cash flow differences.
Chapter 6
- Identify traits of a well-managed accounts payable system.
- Recognize the warning signs of accounts payables.
Chapter 7
- Recognize cash acceleration strategies.
- Identify methods to delay cash payments for purchases, expenses, and payroll.
- Identify collection problems.
Chapter 8
- Recognize the process for a bank reconciliation and the use of float.
- Identify some methods used for transferring funds and accelerating cash inflow.
Chapter 9
- Recognize ways to select between financing options.
- Identify ways to help with financing cash requirements for the business.
Chapter 10
- Recognize the five Cs of credit and the criteria used by bankers for lending.
- Identify the benefits of Zero-Balance Accounts (ZBAs).
Course Specifics
3208051
April 25, 2023
Basic Math and Accounting.
None
142
Compliance Information
CMA Notice: Western CPE makes every attempt to maintain our CMA CPE library, to ensure a course meets your continuing education requirements please visit Insitute of Management Accountants (IMA)
CFP Notice: Not all courses that qualify for CFP® credit are registered by Western CPE. If a course does not have a CFP registration number in the compliance section, the continuing education will need to be individually reported with the CFP Board. For more information on the reporting process, required documentation, processing fee, etc., contact the CFP Board. CFP Professionals must take each course in it’s entirety, the CFP Board DOES NOT accept partial credits for courses.
Meet The Experts
For many years, Delta CPE LLC has offered a wide variety of continuing education courses for financial professionals. Topics covered by Delta’s courses include accounting, financial management, budgeting, investments, financial statement reporting, business management, IFRS, ethics, valuations, real estate, and business writing. The diversity and breadth of Delta’s course offerings make the company a prolific and unique contributor to the CPE world. Delta’s well-credentialed authors and contributors have also been published in numerous academic and professional journals and quoted by some of the leading financial media outlets.
QAS Self-Study
