More Money at the End of the Month: Strategic Ways to Improve Cash Flow

Overview

Cash flow management is often the most important task of any CFO or financial leader. Regardless of whether one works in start-ups or established companies, non-profit or for-profit entities, cash flow makes our organizations run. Have you ever wondered whether you are optimizing your company’s cash flow? In this course, we will explore how to improve your company’s cash flow using analysis and financial theories in the context of real-world situations.

Highlights

• How do I optimize cash flow?
• Qualitative Evaluations
• Core Earnings & Sustainable Growth
• Quantitative Evaluations
• Liquidity Ratios
• Increasing Customer Base vs. Payment Terms
• Business Cycle & Cash
• Investing Company Cash
• What keeps companies from becoming streamlined?
• Behavioral Biases
• Information Processing Biases
• Emotional biases
• Dealing with Behavioral Biases
• Connecting Behavioral Biases to Cost Cutting
• Creating a Culture of Cost Cutting
• Rules of Thumb for Cost Cutting
• Managing Headcount
• Post
• COVID Common areas of excess cost
• Budgeting Techniques
• Budget Variances
• Benchmarking
• Common Size Financial Statements
• Horizontal Analysis
• Negotiation and Contracting Techniques
• Review Questions
• Summing It Up

Prerequisites

Basic understanding of common cash flow needs of businesses

Designed For

CPAs in management roles who are looking to improve their company’s cash flow.

Objectives

• State the relationship between sustainable growth, core earnings, and company cash flow
• Recognize how time assessments and customer segmentation can be used to identify cash flow negative clients.
• Identify common behavioral biases which influence how a company spends money
• List behavioral biases that prevent companies from being streamlined
• State techniques that may be used to make cost cutting a part of the company's culture and business strategy
• Identify techniques that may be used to discern whether or not additional headcount is necessary
• Recognize vertical and horizontal financial statement analysis
• List contracting and negotiation techniques
• Recognize the business cycle and how cash flow management changes during each stage

Preparation

None

Notice

This is a self-study/on demand course offered by a 3rd party vendor and will not be accessible in the My Upcoming CPE section of the ISCPA website. Course access information will be emailed directly to you by Peters Professional Education (PPE). The course expires one year from the purchase date.