The objectives of this Cash Management Certification Course are to ensure that the participants:

• Appreciate the importance of an effective cash management system
• Understand various sources of finance with their utilisation, based on the cost of capital
• Take sound investment decisions based on proper appraisal
• Obtain an overview of the financial statements and management reports to evaluate the company’s performance
• Understand the importance of various accounting ratios covering profitability, solvency, and liquidity
• Use financial modeling to forecast the profitability and cash flows with sensible assumptions
• Understand the different components of working capital and reduce the operating cycle
• Explore the benefits of having an efficient E.R.P. system integrating financial information with other business units
• Understand the best practice of cash management and working capital management

This collaborative Cash Management Certification Course will comprise the following training methods: Lectures, Seminars & Presentations, Group Discussions, Assignments, Case Studies & Functional Exercises. Solid State Training follows the ‘Do-Review-Learn-Apply’ model.

Companies who nominate their employees to participate in this Cash Management Certification Course can benefit the organisation in the following ways:

• Know the theory and merits of a proper cash management system
• Align the planning process with the overall strategic plan of the organisation
• Perform proper investment appraisal to optimize return on investment
• Estimate funds requirements and understand the concept of cost of capital for additional fundraising
• Ensure a reasonable balance between inflows and outflows of funds to maintain a healthy liquidity position
• Evaluate financial statements and measure own performance in comparison with the market trend
• Recognise cost behaviour for better analysis and identify areas for cost cutting
• Assess working capital requirements and reduce the operating cycle
• Maintain a fine balance between inventory, debtors, and creditors levels

Upon completion of this Cash Management Certification Course, individuals attending the course will be able to:

• Grasp key accounting concepts and applying the same for financial planning purposes
• Evaluate the capital structure, understand equity and debt capital and calculate the cost of capital
• Conduct investment appraisal and prepare sensitivity analysis
• Calculate ROI and net cash flow for capital projects
• Build an Integrated Financial Model for cash flow forecasts
• Differentiate between capital and revenue expenditure and plan accordingly
• Understanding of all components of working capital and how to optimise them
• Liaise with senior management to prepare the business’s financial and strategic plans with proper assumptions
• Evaluate financial report and understand the flow of information within the statements
• Prepare ratio analyses and report to senior management
• Create opportunities for personal development and increased financial awareness