Managing & Improving Cash Flow (6.5 hrs)

Course Description

Managing and Improving Cash Flow – 6.5 hrs. CPE

Cash is the lifeblood of a business. Sound cash management is the key to the survival of any business. You can go broke even while making a profit. Profit is measured on an accrual basis in accounting. This course alerts you to the difference between profit and cash flow and teaches you the tools and techniques that allow you to effectively increase and manage your cash flow.

Course information

Price: $84
Course No. 7040
Format: Online pdf (131 pages).
Prerequisites: Basic math and accounting
Advance Preparation:None
Level: Overview
CPE Credit: 6.5 Hrs.
Field of Study: Management Services
Course expiration:  You have one year from date of purchase to complete the course.
Course Revision Date: August 2016


After completing this course, participants should be able to:

Chapter 1
1. Recognize cash flow and factors that affect cash flow.
2. Identify cash management objectives and decisions

Chapter 2
1. Identify the difference between accounting profits and other profits.
2. Recognize how to compute and analyze cash liquidity.
3. Identify the cash utilization options.

Chapter 3
1. Identify factors of the cash flow cycle.
2. Recognize the items recorded within a statement of cash flows.
3. Identify components of a cash budget.
4. Recognize cash expenses vs non-cash expenses.

Chapter 4
1. Recognize items used for internal control and audit procedures.

Chapter 5
1. Recognize the benefits of cash forecasting and cash flow differences.

Chapter 6
1. Identify traits of a well-managed accounts payable system.
2. Recognize the warning signs of accounts payables.

Chapter 7
1. Recognize cash acceleration strategies.
2. Identify methods to delay cash payments for purchases, expenses, and payroll.
3. Identify collection problems.

Chapter 8
1. Recognize the process for a bank reconciliation and the use of float.
2. Identify some methods used for transferring funds and accelerating cash inflow.

Chapter 9
1. Recognize ways to select between financing options.
2. Identify ways to help with financing cash requirements for the business.

Chapter 10
1. Recognize the five C’s of credit and the criteria used by bankers for lending.
2. Identify the benefits of Zero-Balance Accounts (ZBAs).