The Importance of Cash Flow

Description

Ah, cash flow. A term you keep hearing from banks, politicians, and your accountant. It’s the same for businesses and individuals alike: if the cupboards are bare, then you’ve got a problem. In the corporate world, “cash flow” essentially means the fluctuations in the amount of money that an organization actually has.

A cash flow statement might not tell the whole story of a company’s financial situation, but as a track record of income and expenditure, it is the most immediate measure of the health of the business at any given time.

It’s important for business owners and managers to understand how to manage and how to analyze their cash flow, and this training will set you on the right path.

By the end of this course, you’ll be able to:

• Describe the difference between being profitable and having positive cash flow
• Produce a cash flow statement which gives a proper account of your activities
• Develop cash flow generation strategies

Why take this course?

Because cash flow is so important, it is vital that companies monitor their liquidity situation at all times and do everything they can to increase their cash flow. This course will help you to apply the principles of good cash flow management to your business operations.

10 mins | SCORM | Workbook

The Importance of Cash Flow

4,99

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