Working Capital: Cash and Credit Management

Learning Objectives

• To recognize the key concepts of EBITDA, Fixed-Charge Coverage, Free Cash Flow, Cash Basis Cash Flow, and UCA Cash Flow Analyses for working capital management.
• To develop an understanding of Global Cash Flow: Combining the Business and Personal Cash Flows.
• To identify cash flow projections and sensitivity analysis as tools for advanced Cash Flow Analysis.
• To recall key working capital management concepts: Statement of Cash Flows, receivables, payables, and inventory management.
• To identify Cash Conversion Cycle, its calculation, and its impact on a company’s liquidity.

Course Description

Cash and credit are the lifeblood of every business and working capital management is key to the health of a business. Best working capital management avails organizational alignment with its objectives and focuses on the optimization of results. On the contrary, poor management of working capital makes businesses fail. Approximately 82 percent of businesses fail because of poor management of cash flow.

If your business constantly spends more than it earns, you have a cash flow problem. This Online CPE webinar explores various cash flow techniques applied to a wide range of businesses and people through effective models. The webinar takes cash flow management from its roots and provides insights into the business scenarios and underlying drivers of cash flow to manage the cash flow. 

An important way of getting an unbiased, comprehensive view of your company’s current financial health is advanced cash flow analysis. Calculating the cycle of inflow and outflow of cash provides business intelligence insights promptly of any opportunities or potential problems. This Finance CPE webinar avails insight into how a business generates and expands cash, and its ability to return value to shareholders. 

Management of cash and credit is a very crucial part of the business. Especially in times of distress, the liquidity of a business holds special importance. Professionals with key skills in their management can help in the progress and well-being of a business more efficiently. This online CPE webinar on finance helps you build the essential skills and helps with useful indicators such as the Cash conversion cycle to ensure you are crisis-ready. 

This online Finance CPE webinar covers the following key topics: 

• Working capital management key aspects: Receivables and “reasonable” terms, Payables and the benefit of “discounts”, and Inventory issues including costing methods, financing, and cost containment
• Business & Personal Cash Flow Analyses including Direct Applications to Business Scenarios
• Technical components: EBITDA, Statement of Cash Flows, Fixed-Charge Coverage, Free Cash Flow, Cash Basis Cash Flow, UCA Cash Flow and credit Analyses, Cash Flow Projections, and Sensitivity Analysis
• Concept introduction: basic & advanced “cash management” tools and the Cash Conversion Cycle applied through a case study
• Explore effective “collection” techniques including the “legal” aspects of collections and “negotiation skills” for collecting cash
• Commercial Real Estate Cash Flow Analysis including Investment Models and “What-If” Situations

With over 25 years of experience in banking and finance, the speaker David Osburn is the right person to explore the aspects of working capital management that can add value for CPAs, CFO/controllers, financial managers, financial analysts, and practitioners who provide accounting, tax, or consulting services to businesses.

Overview

• Who uses cash flow analysis?

  7 mins
• Uniform credit analysis cash flow

  31 mins
• Miscellaneous cash flow analyses

  76 mins
• Personal cash flow

  138 mins
• The value of analyzing the company's cash conversion cycle

  191 mins
• Account receivables issues

  234 mins
• Cash & Credit management - The life blood of the business

  276 mins
• The five "Cs" of credit

  309 mins
• Legal aspects of collections

  353 mins