Course Description

The cash cycle is the time it takes a company to turn raw materials into cash. Also known as the cash conversion cycle, it refers to the time between purchasing the raw materials used to make a product and collecting the money from selling the product.

Cash management refers to a broad area of finance involving the collection, handling and usage of cash. It involves assessing market liquidity, cash flow, and investment. Financial instruments involved in cash management include money market funds, treasury bills, and certificates of deposit.

The importance of cash cycle coming from fact that moving cash generating profit, so as much as you improve the cash cycle, as much as get more profit. Accounts receivable and payables best practices playing main rule in improving cash cycle.

Course Objectives:

By attending this training course, delegates will be able to:

• Identify best practice across all industries by examining case studies from across the globe
• Recognise inventory and supply chain management best practices.
• Enhance the understanding of accounting environment, key financial statement and IFRS.
• Review and comment on payment methods and cash management
• Work effectively with the fundamentals of accounts payable, accounts receivable, financial accounting and the supply chain
• Use using latest technology and best tools for advance cash and working capital management skills.

Who Should Attend?

• Accountants
• Auditors
• Payable officers
• Receivable officers
• Cash officers
• Treasurers and others who perform related functions in public and private sectors

Delivery Method:

• Lectures
• Discussions
• Group exercises and illustrations
• Case studies

Venue: 

Fee:  

Duration: 1 Week

Date: November 7th – 11th, 2022