Managing Cash and Accounts Payable Training

The managing and organizing of the accounts payable and cash are vital importance to the effective control of working capital and cash flow. This workshop will develop your general financial knowledge, awareness and your specific accounts payable and cash management.

CONTENT

The Accounting Environment

· Accounting Terminology

· Accounting and Financial information

· Sources of Finance

· Financial Position

Cash Management

· Reasons for Holding Cash

· Cash Handling and Security

· Cash Administration

Working Capital and Cash Management

· Working Capital Requirement

· Managing Working Capital

· Cash Improvement Techniques

· Bank Facility (Line of credit)

Accounts Payable Systems

· Invoice Registration and Matching

· Acquisition/Payment process

· Purchase order processing (POP)

· AP links with the General Ledger (GL)

Cash Budget and forecasting

· Forecasting tools and Techniques

· Cash Budgeting Process

· Cash Control

Internal Control in Accounts Payable

· Internal; Control in Accounting

· Internal Control

· Analysis Tools to Manage Risk

FOR WHOM:

Accountants, Auditors, Finance Managers, Accounts Payable Managers, Sales and Marketing Managers, Treasurers and others who perform related functions.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.