Webinar- Cashflow Management ( 4 hours)

HRDF SBL Claimable CPE hours - 4

CASH is the lifeblood of your business. Without it, your business will be game over. In fact, running out of cash is the no. 1 reason for most business failure, especially for SMEs.

Despite this, many SME business owners often do not spend much time to understand the in and out of cash. However, during economic crisis period, managing your financial cash flow health become important and critical because it determines your company’s survival.

So, to help you to tighten up your cash management in these unpredictable times, we will guide you with a powerful yet easy to learn cash flow forecasting to evaluate your cash position over the next six (6) months based on different scenarios of your forecasted sales revenue.
 

What you learn from CASHFLOW FORECASTING ?

1) With this program, you will first learn how to how to read and use Balance Sheet and Profit and Loss as well as to appreciate the relationship between them and how they tie with the Cash Flow Statement. I will explain the key components of a Balance Sheet and Profit and Loss so that you know how they relate to your roles in the your organisation or business.

If you’re not from the from the Accounts or Finance department, it does not stop you for acquiring this extremely valuable for lifetime skills and knowledge. In fact, this work presentation style is so simple that non finance personally can learn to speak and use the Financial Terms easily.

2) I will also explain why profit does not always means CASH so that you know what to expect in order to convert profit into cash flow as soon as possible.
In addition, you can enlighten your team on the cash driver that affect cash flow; what items from the financial statements that will influence your monthly bank balance. 

3) You will understand how a cash flow statement meant for you and how it works so that you will learn to compute the cash flow generating from operating activities. 

4) Finally, you will learn to forecast or plan your company cash flow using a powerful excel template to evaluate your cash position for the next 6 months based on different scenarios of your forecasted sales revenue. So once you put in the monthly sales projection, you should be able to know your expected cash position every month.

At the end of the workshop, you will bring home the basic accounting and finance knowledge required to manage your business and department effectively.

BENEFITS THAT I GET FROM THIS TRAINING

Equip with the accounting and finance skillsets you need as a financial advisor for your company

Cash flow projection template (MS Excel spreadsheet)

By the end of the Cashflow Management webinar, the delegates will be able to:

• understand the purpose and concept of financial accounting
• be familiar with financial statements and their key components and able to read and interpret the financial data to make informed business decisions and to report business performance
• understand importance of working capital and application of ratio analysis on key working capital elements
• do cash flow forecasting to manage cash flow (lifeblood of business)
   

Module 1 : Financial Accounting  
What is Accounting ?
Accounting Equation
Double Entry System
Type of financial Statements
 

Module 2 : Balance Sheet
How to read a Balance Sheet ?
Understand key concepts of assets and liabilities
Tangible vs non-tangible assets
Current vs non-current assets
Main elements of working capital
Working capital cycle
Account receivable
Account payable
Key ratio analysis on working capital
 

Module 3 : Profit & Loss Statement
How to read Profit & Loss Statement ?
Understand key items of Profit & Loss Statement
Recognition of revenue
Impact of sales discount
Non cash items
Preparation of Profit & Loss Statement - activity
 

Module 4 : Cash Flow Statement
Understand key activities of Cash Flow Statement
Cash flow from operations - direct and indirect method
Cash flow from investing
Cash flow from financing
Impact of changes in Balance Sheet items to Cash Flow Statement
Why profit is different from cash ?
Cash Flow Statement – practice
Relationship between Cash Flow Statement, Profit & Loss and Balance Sheet
 

Module 5 : Cash Flow Forecasting
Why company show profit but still short of cash ?
Why cash flow forecasting ?
Planning for cash inflow and outflow
How to do cash flow forecasting using smart excel template ?
Cost saving opportunity

Module 6: Test Your Skills Now  
Post-course test to check if you’ve understood all concepts

WEBINAR - VIRTUAL LEARNING

“Before attending the course, I didn't have a proper method to keep track of cashflow. In the course, I picked up on cash in , cash out ratio, and inventory ratio. After attending the course online, I am able to generate a monthly report with ratios to monitor my company's cashflow. Danny, the trainer was very detailed and gave clear explanation.” Natasha Mah, Business Development Manager, Wide Tropism.

“I gained deeper understanding on cashflow forecast and planning. The trainer was very good and detailed.”Yeoh SB, Finance Manager, Maccaferri (M) Sdn Bhd.

(Fee inclusive Training Materials & Certificate of Achievement)
Fee is INCLUSIVE of 6% SST