Course information

Cash Cycle Management Training Course Outline

Module 1: Cash Conversion Cycle

  • What is the Cash Conversion Cycle?
  • Calculating the Cash Conversion Cycle
  • Cash Conversion Cycle Calculator
  • Negative Cash Conversion Cycle
  • How to Improve the Cash Conversion Cycle?

Module 2: Cash Management

  • What is Cash Management?
  • How Cash Management Works?
  • Importance of the Cash Flow Statement in Cash Management
  • Managing Cash Through Internal Controls
  • Cash Management of Working Capital
  • Cash Management and Solvency Ratios

Module 3: Accounts Payables and Receivables

  • What are Accounts Payable (AP)?
  • Recording Accounts Payable
  • What Does Accounts Payable Do?
  • Accounts Payable Process
  • What are Accounts Receivable (AR)?
  • Accounting for Accounts Receivable
  • Benefits of Accounts Receivable

Module 4: Cash Collection Cycle

  • What is the Cash Collection Cycle?
  • How to Shorten the Cash Collection Cycle?
  • Effective Collections Negotiations
  • Best Practices in Collection Strategies
  • General Principles in Collection Strategies

Module 5: Accounts Receivable Subsidiary Ledger

  • What are an Accounts Receivable Subsidiary Ledger?
  • How is an Accounts Receivable Subsidiary Ledger Used?
  • Advantages of an Accounts Receivable Subsidiary Ledger
  • Subsidiary Ledgers
  • What is the Purpose of Subsidiary Ledgers?

Module 6: Cash Flow Forecasting

  • What is Cash Flow?
  • What is the Purpose of a Cash Flow Forecast?
  • Cash Flow Forecast Challenges
  • Importance of Cash Flow Forecasting
  • Measuring Cash Flow
  • Benefits of Cash Flow Forecasting
  • How to Forecast Cash Flow?
  • Tips for an Accurate Cash Flow Forecast

Module 7: Capital Budgeting

  • What is Capital Budgeting?
  • Features of Capital Budgeting
  • How Capital Budgeting Works?
  • Methods of Capital Budgeting
  • Process of Capital Budgeting
  • Factors Affecting Capital Budgeting
  • Objectives of Capital Budgeting

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Who should attend this Cash Cycle Management Training Course?

The Cash Cycle Management Training Course is designed for professionals who are responsible for managing the cash flow and financial operations of businesses, organisations, or financial institutions. This course will benefit the following professionals:

  • Financial Managers
  • Accounting Professionals
  • Treasury Managers
  • Banking Professionals
  • Risk Managers
  • Investment Professionals
  • Financial Advisors

Prerequisites of the Cash Cycle Management Training Course

There are no formal prerequisites for this Cash Cycle Management Training Course.

Cash Cycle Management Training Course Overview

Cash Cycle Management is a crucial financial strategy that focuses on optimising the flow of cash within a business. It involves managing the processes of cash inflow, outflow, and overall liquidity to ensure the organisation operates efficiently. This includes managing accounts receivable, accounts payable, inventory levels, and the timing of cash transactions.

Implementing effective Cash Cycle Management offers several advantages to businesses. It enhances liquidity by reducing the time between cash outflows (e.g., paying suppliers) and inflows (e.g., receiving payments from customers), which can prevent cash shortages. Also, it improves profitability by reducing financing costs associated with carrying excess working capital.

The Knowledge Academy's 1-day Cash Cycle Management Training Course offers professionals and organisations the opportunity to gain in-depth knowledge and practical skills in optimising their cash cycles. Delegates will learn advanced techniques and strategies for managing cash flow, including cash forecasting, risk assessment, and cash flow analysis.

Course Objectives

  • To understand the fundamentals of Cash Cycle Management
  • To learn advanced techniques for optimising cash flow
  • To develop skills in cash forecasting and risk assessment
  • To analyse real-world case studies to apply knowledge
  • To enhance financial decision-making for business success

By focusing on these objectives, participants in the Cash Cycle Management Training Course will gain a comprehensive understanding of cash flow dynamics and the tools necessary to strategically manage it.

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What’s included in this Cash Cycle Management Training Course?

  • World-Class Training Sessions from Experienced Instructors
  • Cash Cycle Management Certificate 
  • Digital Delegate Pack

Why choose us

Our Mississauga venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

Mississauga is the sixth largest city in Canada. It is in the south of the province of Ontario in the region of peel. The city is estimated to have a population of around 715,000 people. The rapid growth of this city is attributed to its proximity to Toronto. It was originally built as suburb of Toronto. Education in Canada is mostly free and publicly funded. It is overseen by the federal, provincial and local governments, with the education within provincial jurisdiction and the curriculum overseen by the province. Education is compulsory in most provinces up to the age of 16. Mississauga is served by the Peel District School Board, which operates the secular English speaking public schools. There is also a school board that runs the local catholic schools and a board that runs the French speaking schools in the area, one for the secular French schools and one for the catholic French schools. There are a number of schools in the area that offer specialised programs. These include the French immersion schools such as Clarkson Secondary School and Streetsville Secondary School. There are three schools in the areas that off a Regional Arts Program and two that offer a specialist sci-tech program for students who are gifted in these areas. There is also two schools that offer support for those studying for the international baccalaureate plus numerous other programs. Canada’s higher has a very good reputation. However there is no formal ranking system and students will often choose colleges and universities bases on geographic convenience and the reputation of a particular course. Mississauga is home to one of the three campuses run by the University of Toronto. This university is ranked as the 34th best university in the world and is the second highest ranked Canadian university in the rankings. The campus was established in 1967 and is the universities second largest division. It is home to 12,000 students. They have 15 academic departments and pupils can choose from 148 programs to participate in from 89 areas of study. Students can study both undergraduate and graduate programs on this campus. This campus also has an excellent research environment that has helped the staff and researchers become internationally recognised for their work. The university includes Institutes for Management and Innovation, and Communication, Culture, Information and Technology.

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Address

Robert Speck 2
2 Robert Speck Parkway
Suite 750
Mississauga
Ontario
L4Z 1H8

T: +1 6474932992

Ways to take this course

Experience live, interactive learning from home with The Knowledge Academy's Online Instructor-led Accounting & Finance Training | Cash Cycle Management Training in Mississauga. Engage directly with expert instructors, mirroring the classroom schedule for a comprehensive learning journey. Enjoy the convenience of virtual learning without compromising on the quality of interaction.

Unlock your potential with The Knowledge Academy's Accounting & Finance Training | Cash Cycle Management Training in Mississauga, accessible anytime, anywhere on any device. Enjoy 90 days of online course access, extendable upon request, and benefit from the support of our expert trainers. Elevate your skills at your own pace with our Online Self-paced sessions.

Streamline large-scale training requirements with The Knowledge Academy's In-house/Onsite at your business premises. Experience expert-led classroom learning from the comfort of your workplace and engage professional development.

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Team building opportunity

Our offers a unique chance for your team to bond and engage in discussions, enriching the learning experience beyond traditional classroom settings

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Accounting & Finance Training | Cash Cycle Management Training in Mississauga FAQs

The Cash Conversion Cycle (CCC) is a metric that measures the time it takes for a company to convert its investments in inventory and other resources into cash flow from sales. It helps assess operational efficiency.
Cash Flow Management involves tracking, analysing, and optimising the inflow and outflow of cash to ensure a business has sufficient liquidity to meet its obligations while planning for future financial needs and growth opportunities.
Managing the Cash Cycle involves optimising inventory levels, improving the efficiency of accounts receivable collections, negotiating better payment terms with suppliers, and maintaining a balance between incoming and outgoing cash to avoid liquidity issues.
Basic problems in Cash Management include poor liquidity, inaccurate cash flow forecasting, delayed collections, excessive inventory, and inefficient payment processes. These issues can lead to cash shortages and hinder a business’s ability to meet financial obligations.
There are no strict prerequisites for attending this Cash Cycle Management Training Course. However, having a basic understanding of financial management concepts or prior experience in finance or accounting will be beneficial for delegates.
This course is ideal for Financial Managers, Cash Managers, Business Owners, Accounts Receivable/Payable Professionals, and anyone involved in managing a company’s cash flow and liquidity.
The main components of the Cash Conversion Cycle are the inventory conversion period, accounts receivable collection period, and accounts payable deferral period. These elements determine how long cash is tied up in the operating cycle.
A Cash Manager requires skills in financial analysis, forecasting, liquidity management, decision-making, and negotiation. Strong communication, organisational skills, and the ability to use financial management software are also crucial for managing cash flow effectively.
The duration of this Cash Cycle Management Training Course spans 1 day. For self-paced courses, the duration may vary based on the delegate's schedule, allowing flexibility to complete the training at their own pace.
In this course, you will learn about managing working capital, optimising cash conversion cycles, improving cash flow forecasting, enhancing liquidity, and strategies for efficiently managing accounts receivables, payables, and inventory.
This certification aims to provide delegates with a comprehensive understanding of the cash cycle, equipping them with the skills and tools to optimise cash flow, improve liquidity management, and enhance financial decision-making in their organisations.
Benefits of this course include better cash flow optimisation, improved liquidity management, enhanced decision-making skills, reduced risk of cash shortages, and the ability to increase profitability by managing working capital more efficiently.
The difficulty level of this training is generally intermediate. While basic finance concepts are covered, prior experience in finance or business management can help delegates better understand the more advanced aspects of cash cycle optimisation.
Holding this certification validates your expertise in managing the cash cycle, optimising cash flow, and ensuring liquidity. It validates your skills in financial management, enhancing your career prospects in finance and accounting roles.
The training includes access to course materials, instructor-led sessions, hands-on case studies, and a digital delegate pack. The Knowledge Academy also offers ongoing access to resources and a certificate upon completion.
Roles that benefit from this course include Financial Controllers, Cash Managers, Treasurers, Business Owners, Accounts Receivable/Payable Managers, and anyone responsible for maintaining the financial health of a company.
Yes, corporate training is available for organisations looking to upskill their teams in Cash Cycle Management and improve overall financial operations. Customised training courses can be tailored to meet specific business needs.
After completing the course, you can apply the principles of Cash Cycle Management in your current role, pursue further certifications in financial management, or explore job opportunities in finance and accounting to advance your career.
Yes, 24/7 support is provided for these Cash Cycle Management Courses. Delegates can reach out for assistance related to course access, technical issues, or content clarification at any time during the training.
This course is essential for those looking to improve cash flow, manage liquidity, and reduce financial risks. It provides practical strategies for optimising working capital and enhancing business profitability.
Yes, self-paced training options are available for delegates who prefer to study at their own pace. This allows flexibility in completing the course on your schedule, with access to course materials and support.
You can contact The Knowledge Academy’s customer support team via email or phone. They will assist you in troubleshooting access issues and ensuring you can continue with your training without interruptions.
After completing this Cash Cycle Management Training, delegates can pursue roles such as Cash Manager, Financial Controller, Treasury Manager, Accounts Payable/Receivable Manager, and Financial Analyst. These roles require expertise in cash flow management and financial decision-making.
The training fees for Cash Cycle Management Trainingin Mississauga starts from CAD1695
The Knowledge Academy is the Leading global training provider for Cash Cycle Management Training.
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Flexible delivery methods are available depending on your learning style.

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High quality resources

Resources are included for a comprehensive learning experience.

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

Joshua Davies, Thames Water

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