Cash Flow distance learning

Prerequisites

No prior knowledge required

Objectives

◗ Identify the sources of discrepancies between earnings and cash flow.

◗ Analyze the relationship between working capital and operating cash flow.

◗ Prepare operating cash flow forecasts based on the income forecasts.

Training program

◗ Identify sources of variance between income and cash flow and categorize them

– Understanding the relationship between the financial cycle and cash flow
– Measure timing differences by cash flow type
– Assess the impact of changes in working capital on cash flow
– Determine free cash flow
✔ UNDERSTAND | Illustration: Transition from net income to free cash flow
✔ APPLY | Case study: Identify transactions that create a timing difference between net income and cash flow

◗ Understanding the Free Cash Flow Metric

– The Relationship Between Cash Flow and the Business Cycle
– What Does Free Cash Flow Measure?
✔ UNDERSTANDING | Brainstorming: Why Is Free Cash Flow So Important?
✔ UNDERSTANDING | Annotated Guide to Reading Cash Flow Statements

◗ Building a simple, robust switchboard

✔ UNDERSTAND | Illustration: Calculating Cash Flow from Balance Sheet Accounts

◗ Draw up operating cash flow forecasts

– Understanding the Purpose of Forecast Cash Flow
– Calculate payment terms using the two methods
• DSO/DPO
• Settlement
– Estimate customer receipts, supplier payments, salaries, and taxes
– Forecast cash flows related to investments
✔ APPLY | Practical exercise: Determine average payment terms
✔ UNDERSTAND | Quiz: Analyze cash flow forecasts

Why choose this course?

Budget and business plan development often includes only a forecast of net income or EBIT. This approach is not sufficient to anticipate cash needs or surpluses, or to quantify returns on investment.

This training course offers an effective approach to determining projected cash flows based on earnings forecasts.

Teaching and assessment methods

Distance learning :

– Three visual elements: a video of the presenter, the presentation, and a virtual whiteboard

– Interactive quizzes

– Maximum of 6 participants

Before: self-assessment quiz

During the session: an overview of key principles, a discussion of practical implications, and examples drawn from recent financial statements. Practical exercises and interactive quizzes help ensure that participants have acquired the necessary knowledge.

Afterward: supplementary materials. The facilitator will be available after the training session to answer any questions related to the training.

Price

740 € EXCL. TAX

Testimonials

Cash flow distance learning