Cash is the life blood of every organization and to survive, the blood flow must be healthy. This course will give you all the tools you need to understand and effectively manage your cash flow into and out of your entity.
We will discuss who, in your company, needs to have a comprehensive knowledge, what areas are most important to focus on, timing of your monitoring process, along with suggestions for the processes you need to have in place. The result of your new knowledge will be a proactive and responsive process relating to your management of cash.
Learning Objectives:
- Mitigate risks associated with cash
- Improve cash flows with alterations to working capital
- Discuss investment strategy
- Learn how to control cash flow
- Illustrate metrics available for monitoring various aspects of cash flows
- Compile a detailed cash forecast
Why Should You Attend:
Facing forward economic growth is again a reality and our outlook and attitude will be important. With capital sources still somewhat restricted and consumer confidence still in recovery, new avenues for successful cash management are important.
Entities need to take advantage of all the financial management expertise available. The organizations that survived in our decade long economic downturn are the ones that developed the ability to remain solvent.
Cash is essential to the daily functions of a business, and yet rarely managed to ensure that sufficient cash is on hand, or that excess cash is properly invested. Join us for a discussion of corporate cash management.
Areas Covered
- The importance of cash in any organization
- Cash position
- Uncertainties and risks associated with cash
- Working capital "sweet spot"
- Investment strategies and the impact on cash
- Controls over cash
- Metrics associated with cash
Instructor
Candace Leuck is owner of Athena Finance Group, Inc. specializing in strategic planning, distressed entity recovery, valuations, and educational programs. Athena's mission is to pursue and communicate the information clients need. This is accomplished through a cooperative working relationship. Based on solid strategy, the outcome is an expansion of the opportunities of those served.
Candace was associated with Ernst & Young in the tax and then auditing area, serving small, midsized and SEC clients during her tenure. She gained significant experience with various industries including manufacturers, automobile dealerships and securities brokers.
Upon leaving Ernst & Young, Candace pursued and obtained her Masters of Professional Accountancy from Clemson University and proceeded to her career in the educational arena, teaching at Clemson University, Furman University, and the University of North Carolina at Greensboro. She returned to Clemson in the Fall of 2006 and remained through Spring of 2012.
In addition to undergraduate and graduate education, Candace has developed and taught various continuing education courses in both live format and through webcast technology.