Working Capital Management

Course Overview

This course will focus on practical issues of working capital management with a focus on today’s economic environment. A strong cash flow management theme will ensure that all aspects of working capital, from systems to processes and receivables, payables and inventory management will steer to cash enhancement.

This course will encompass a thorough walkthrough of cash flow from the cash drivers of different businesses to the cash from operations and free cash flow. The importance of understanding the cash flow statement prepared for financial statements will be covered in detail. Delegates will be taken through the derivation of free cash flow and how it can be used in both corporates and banks. Cash flow ratios will be developed and used to verify and check cashflow calculations.

Benefits Of Attending

• Powerfully improve cash flow and liquidity by following a process of working capital assessment
• Assess areas within your organisation where working capital improvements can be translated to the bottom line
• Develop a rigorous working capital plan to take your organisation forward in the current economic environment
• Be able to develop and apply the concepts at the workplace with rigorous models which will translate into actionable strategies

Competencies

You will benefit from the workshop as it provides you with the most practical aspects and tools for cash flow and working capital management, along with practical best approaches to financing working capital. The skills developed will focus on proven practical techniques and methods to support best practices in cash flow management. The workshop should enhance progression within the organisation by:

• Developing practical skills for cash flow forecasting and working capital management
• Applying practical tools and methods for financing working capital and the overall funding needs of a company

Who Should Attend

This course is designed for people involved in the management of working capital focusing on strengthening the cash management and liquidity positions of their firms. The course will benefit those who deal with planning, forecasting and managing businesses cash flow and working capital, and could include:

• Financial controllers
• Accounting functions – financial and management
• Receivables and payables team members

Certification Criteria

You must meet two criteria to be eligible for an Informa Connect Academy Certificate of Completion:

• Satisfactory attendance: You must attend all sessions of the course. If, for any reason, you miss more than 2 hours of the course sessions, you will not be eligible to sit the course assessment
• Successful completion of the course assessment: Assessments will be ongoing and based on in-class participation and activities

Learning Style

To ensure that the course is highly practical and relevant, the course director will use a blend of training techniques, including:

• Leading edge, short, formal presentations on the theory and practice of cash flow statements
• Review of topical articles and background information on working capital and cash flow analysis and related subjects to illustrate the practical issues