Cash and Credit Management (Currently Unavailable)

Author: David Osburn

In today's economy, cash and credit management are critical. This proactive training session will explore the role of “cash and credit” within a business and highlight the importance of credit analysis, financial statement analysis, cash management, collection techniques, and the management of the collection process.

Publication Date: February 2018

Designed For
CPAs, CFO/controllers, auditors, financial analysts, and practitioners who provide accounting, tax or consulting services to businesses.

Topics Covered

• Explore the "five Cs" of credit, as well as various advanced credit techniques
• The comprehensive "five-step" financial statement analysis model that includes the importance of cash flow—the lifeblood of all businesses
• Combinations of simple and highly sophisticated cash management tools,
• Various collection techniques including negotiation skills for collecting cash over the phone or in person
• Management styles for the collection process

Learning Objectives

• Identify the five Cs of credit
• Recognize the five-step financial statement analysis model
• Review and apply basic and advanced cash management tools
• Explore and identify effective collection techniques and management of the collection process
• Identify typse of liquidity ratio for purposes of financial analysis
• Recognize types of activity ratio
• Identify a basic cash management technique
• Describe the Maslow Hierarchy of Needs
• Identify the formula for calculating the quick ratio
• Describe data points needed in order to calculate inventory turnover
• Identify the formula for determining EBITDA
• Recognize which cash management techniques eliminates certain payments
• Identify management skills related to a top collection manager

Level
Basic

Instructional Method
Self-Study

NASBA Field of Study
Accounting (2 hours)

Program Prerequisites
None

Advance Preparation
None