Description
In his day-to-day work, the accountant must in particular be able to follow/manage the cash flow and the credit collections of the company. Cash management starts from a different dimension than the accounting perspective, namely that of flows and cash management.
The objective of this training is to give an overview of the treasury dimension, the cash & the flow management, the monitoring of client settlement (Credit Control), the financial of the company and the risk management. In addition, we will also look at how best to manage the banking reporting, the reconciliation and the bank relationships.
Objectives
At the end of the training, the participant will be able to:
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Identify the cash flow components and their interactions with accounting
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Understand the basics of a company’s day-to-day cash management
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Optimize flows in the company
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Manage customer collections and the development of a “Credit Control”
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Better understand banking reporting and reconciliation
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Know the organization of a treasury department and its tools
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Identify basic tools for hedging risks, managing debt and excess liquidity
Programme
- Definition of treasury objectives
- Relations and interactions with other departments including accounting
- Optimizing the management of financial flows in the company
- Cash and liquidity management
- Basic cash management techniques
- Identification and management of financial risks
- Financing and banking management
- Technical tools available to the treasurer
Target Audience
Anyone interested in learning how accounting works and understanding corporate cash flow
Prerequisites
Basic financial and accounting knowledge
