Managing Cashflow during a Pandemic

Course Description

Under normal business conditions, companies primarily focus on profit and losses–growing the top line while managing the bottom line. Routine back-office activities such as paying bills and turning receivables into cash are often taken for granted.

The COVID-19 pandemic has had many far-reaching implications. In addition to the financial reporting impact of the covid-19 pandemic, many other business functions, such as managing cash flow are also proving to be challenging in the current environment and will require adjustments to how they were done in the past. 

In the current abnormal business conditions, smart companies are shifting their focus from the income statement to the balance sheet. Of the three elements of supply chain working capital–payables, receivables, and inventory, supply chain executives have a tendency to focus on inventory. But, in order to minimize working capital requirements during challenging times, it’s important to apply a coordinated approach that addresses all three areas.

Key topics discussed in this online CPE Finance webinar: 

• Discuss the challenges of managing cash flow in a pandemic. 
• The importance of cash flow 
• The flow of business transactions in order to accelerate the availability to use cash to run the business will be a focal point of the discussion.  

This CPE webinar will be very helpful for CPAs, Other Practitioners, and Staff involved in managing the working capital of the organization.

Learning Objectives

• To provide insights and best practices regarding the important task of managing and expediting receivables.
• To identify major sources of capital and related capital investment plans to provide working capital to the business
• To provide practical examples of reporting practices, models & dashboards, that are essential to cash management in a pandemic
• To provide insights into current strategies to monitor cash flow related to payables management, consideration of alternate revenue streams, supply chain & inventory management

Recommended For

• This Finance CPE course is recommended for CPAs, CMAs, CVAs, ABVs, CEOs, CFOs, Finance Directors, and Other Accounting and Finance Professionals desiring to learn powerful tips and tricks to manage cash flow.

Who Should Attend?

Webinar Qualifies For

• 2 CPD Credit for Chartered Professional Accountant (CPA Canada)
• 2 PL Credit for Chartered Financial Analyst (CFA)
• 2 CPE Credit for Certified Valuation Analyst (CVA)
• 2 CPE Credit for Certified Management Accountants (CMA)
• 2 CPD Credit for Accredited in Business Valuation (ABV)
• 2 CPE Credit for Certified Business Appraiser/Master Certified Business Appraiser (CBA/MCBA)
• 2 CE Credit for Certified Fiduciary & Investment Risk Specialist (CFIRS)
• 2 CE Credit for Certified Wealth Strategist (CWS)
• 2 General Credit for Accountant/Bookeeper
• 2 CPE Credit for Certified Government Financial Manager (CGFM)
• 2 CPE Credit for Chartered Financial Consultant (ChFC)
• 2 CPE Credit for Financial Services Certified Professional (FSCP)
• 2 CPE Credit for Chartered Advisor in Senior Living (CASL)
• 2 CPE Credit for Chartered Special Needs Consultant (ChSNC)
• 2 CPE Credit for Retirement Income Certified Professional (RICP)
• 2 CPE Credit for Wealth Management Certified Professional (WMCP)
• 2 PL Credit for Certificate In Investment Performance Measurement (CIPM)
• 2 CRE Credit for Certified Corporate FP&A Professional (FPAC)
• 2 CPD Credit for CA - ICAEW
• 2 CPD Credit for Chartered Certified Accountants (ACCA)
• 2 CPD Credit for Chartered Accountants - Ireland (CAI)
• 2 CPD Credit for Chartered Accountants - Scotland
• 2 CPD Credit for CPA - Ireland
• 2 CPE Credit of Finance for Certified Public Accountants (CPA-US)

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