Course Objectives

• Determine the reasonable level of cash to keep on hand
• Determine how much should the firm borrow in the short term
• Determine how much credit should be extended to customer
• Distinguish between cash management and liquidity management
• Explain and manage float
• Manage cash Disbursements
• Plan how to invest cash Surpluses
• Determine Target cash balance
• Manage cash and liquidity

Who Can Benefit

• VPs of Finance
• Controllers
•  Financial Analysts
•  Accountants
•  Project Managers and Leaders
•  Budget, Business Analysts and Treasury Professionals

Course Outline

• Short-Term Finance and Planning
  • Tracing Cash and Working Capital
  • The Operating Cycle and the Cash Cycle
  • The Cash Budget
  • Short-Term Borrowing
  • A Short-Term Financial Plan
• Cash and Liquidity Management
  • Float Management
  • Cash Collection
  • Managing Cash Disbursements
  • Investing Idle Cash
• Determining the Target Cash Balance
  • The BAT Model
  • The Miller-Orr Model: A More General Approach
  • Other Factors Influencing the Target Cash Balance

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