Cash Forecasting, Reporting and Metrics - Managing the Lifeblood of the Business

Financial managers and executives need to create cash projections that are relevant, current, and accurate. Too often cash planning is reactive, leading to inefficient, chaotic, and unreliable forecasts. Organizations never want to find themselves short in the availability or timing of cash. Proper cash forecasting and planning can avoid such cash shortfalls. This session will explore proactive approaches to cash forecasting.

Learning Objectives

Develop a full appreciation of what cash forecasting really means
Understand today’s cash planning process, tools, techniques, and models
Identify approaches to make your cash forecasting more comprehensive and relevant to the current environment
Recognize key considerations in cash forecasting:
- How much cash?
- How far the horizon?
- Purpose? how used? for whom?
- Sources of information

Major Topics

Key components of the Cash Flow model
Receipts and Disbursements model
Applying uniqueness for your organization, your industry, the macro environment
Incorporating strategic analysis into cash forecasting
Using reporting and metrics to make cash forecasting more complete
Benchmarking as a tool to improve the accuracy of your cash forecasting

CPE Credits Available

Total CPE

2: Finance

Things to Know About This Course

Prerequisites

Some corporate accounting or finance experience.

Advanced Preparation

None, Preferably at least six (6) months of professional financial statement analysis experience, and 2) at least six (6) months working with and being supervised by a professional manager.

Intended Audience

Corporate Financial Leaders, Corporate Financial Managers, CEOs, CFOs, Controllers, Accountants, Board members, advisors, and Consultants. CPAs in public practice and CPAs in industry.

Provider

ACPEN