Cash management - introduction

Event type: Mastercourse

New for 2012

The processes and their application explained

Date Location Price  
12 July 2012 - 09:00 London Price: GBP 615.00
Members: £553.00
Corporate discount scheme: £490.00
+ VAT on all prices
2 October 2012 - 09:00 London Price: GBP 615.00
Members: £553.00
Corporate discount scheme: £490.00
+ VAT on all prices

Who will benefit

Finance department members with the role of organising and controlling short term cash in UK businesses who need to gain an understanding of cash management issues.

What you can gain

A basic understanding of cash management issues in the corporate market. The focus is on practical application and explaining the processes.

Outline

  • Introduction: what is cash management?
  • Components of cash flow: equity; capital expenditure; working capital cycle - debtors, creditors, stock.
  • Cash flow forecasting.
  • Investing surpluses: instruments available, yields; risk v reward - investment policy; bank relationships.
  • Financing funding needs: options for funding; associated costs and conditions; bank relationships.
  • Using the banking system: collection methods (e.g. direct debit); payment alternatives (e.g. BACS, CHAPS); cash concentration (e.g. pooling, sweeping).
  • Introduction to foreign exchange and interest rate hedging.

6 CPD hours (where applicable)