Cash Management Fundamentals
Understand why cash management decides whether a business can keep operating. Participants work through cash flow analysis and working capital, and learn to use DPO, DSO and DIO to see exactly where cash is trapped in payables, receivables and inventory.
- Appreciate the importance of cash management.
- Understand the basic concepts of cash flow analysis.
- Understand the meaning of working capital and distinguish its key components.
- Explain the working capital management concepts DPO (Day Payables Outstanding), DSO (Day Sales Outstanding), DIO (Day Inventory Outstanding) and their impacts on a company.
- Be familiar with long-term and short-term financing resources.
- Understand the fundamental principles behind liquidity management and funding policies.
- Identify the key differentiating features of the main banking product types and the impact each product will have on a company's cash management requirements.
Location
Courses may be conducted at one of the following hotels in Kuwait:
- Hilton Garden Inn Kuwait – The Avenues
- Hilton Kuwait Resort – Mangaf
- Jumeirah Messilah Beach Hotel & Spa
- Radisson Blu Hotel Kuwait
Or at the client’s premises.
Related Courses
Foundations of Budgeting and Forecasting for Non-Finance Professionals
A foundation-level introduction to budgeting and the budgeting process for those outside finance. Participants cover the role and types of forecasting, how budgets are allocated to operational activities, and the costing and budgeting terminology used across the business.
Professional Accounting for Inventory Fundamentals
Understand inventory types and when ownership actually transfers. Participants learn when a periodic system is appropriate and how a perpetual system can be strengthened, along with inventory estimation methods and the accounting treatment each requires.
Professional Accounts Payable Management
Identify, reduce and eliminate the errors that cost money — duplicate and missing invoices among them. Participants learn to recognise vendor, employee and cheque fraud, and how a well-kept master vendor file ensures suppliers are paid correctly and errors do not recur.