Overview

Cash is the truth, it cannot be fudged, it is either there or it is not there. This is very different from accrual accounting. It is important for finance professionals and accounting practitioners to understand the importance of their analysis and decisions as it relates to cash in their or their clients’ organisations. This webinar will look at practical strategies for cash and working capital management, liquidity risk and creating cash budgets and forecasts based on economic and business drivers. The following will be examined in detail:

Content

Liquidity risk: is the risk that an organisation is unable to secure sufficient funds when required. This could create threats such as insolvency, as well as opportunity costs in being unable to take advantage of discounts, new acquisitions and generally creating a negative impact on the weighted average cost of capital (WACC).

Cash Management: is the art of having the correct amount of funds in the appropriate form at the right time at the most optimal cost within acceptable risk by intention.

Working Capital Management: focuses on management of inventories, accounts receivable and payable and cash, in order for an organisation to ensure sufficient ability to satisfy both maturing short-term debt and upcoming operational expenses.

Presenter

Terry Kades, Managing Director, PowerStrat BI and Liquidity Management Solutions

Terry Kades, Managing Director, PowerStrat BI and Liquidity Management Solutions Terry has spent most of his career in management consulting and the design of intelligent software models and data visualisation tools that link business and marketing strategy with finance and risk. Based on his work in South Africa he was recruited to the USA by the Futures Group to head the strategy and finance modelling division. He eventually founded and ran Strategic Feasibilities Inc. from 1996 to 2013 based in Washington DC. In 2013 he returned to South Africa to help design and run the development of Cash-I, the unique cash-flow and liquidity management software, that was conceived by his partner Carosin Buitendag after her successful testing and validating of the Cash-I methods for the past 15 years in both public and private sector organisations. He now implements, trains and consults with Cash-I in cash-flow and liquidity risk management, customer profitability and product profitability and pipeline management.

CPD

Attending the webinar will accrue 2 hours’ CPD for members of a relevant professional body.