Accounting & Finance Training | Cash Cycle Management Training in Hong Kong

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Cash Cycle Management Training

Hong Kong

Understand the cash conversion cycle to convert its inventory into sales then to cash.
Become familiar with cash management to create and sustain a company's financial stability
Attain knowledge of how subsidiary ledgers support a general ledger control account.

Dates & Prices Dates & Prices

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

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.

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 Hong Kong 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.

Hong Kong is an autonomous territory of the People’s Republic of China and can be located on the southern coast of China. Hong Kong has a population of around 7 million people. The education system in Hong Kong is mostly based around the English system and it is overseen by the Education Bureau and the Social Welfare Department. One of the earliest schools in Hong Kong was Li Ying College established in 1075. The education level begins with preschool education that is payable education, paid by pupil’s parents. The primary and secondary education is mandatory for every child in Hong Kong to attend from the age of 6 to 18. Higher education remains exclusive in Hong Kong and adult education is a growing sector in Hong Kong, with two non-profit school running evening courses. The University of Hong Kong was founded in 1911 and is the oldest tertiary (higher education) institution in Hong Kong and is organised into 10 academic faculties with English as the main language of instruction. The Education Bureau in Hong Kong also provides educational services for immigrant children from mainland China and other countries. Hong Kong also has 175 internal schools.

Address

62/F & 66/F
The Center
99 Queens Road
Central
Hong Kong

T: +852 2592 5349

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 Hong Kong. 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.

Learn more in our FAQs

Unlock your potential with The Knowledge Academy's Accounting & Finance Training | Cash Cycle Management Training in Hong Kong, 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.

Learn more in our FAQs

What our customers are saying

Great course and brilliantly explained for the newcomer to Cash Flow Cycles.

Andrea Stott

Accounting & Finance Training | Cash Cycle Management Training in Hong Kong FAQs

What is Cash Conversion Cycle (CCC)?

Cash Conversion Cycle (CCC) shows the amount of time that a company takes to convert the cash it spends on inventory back into cash by selling its goods.

What are the pre-requisites?

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

Who should attend this course?

This training course is for everyone who want learn about how to convert cash in sales and back into cash. However, it will be more beneficial for: • Functional Heads • Business Leaders • Finance Managers • Accountants • Internal Auditors

What are the components of the cash conversion cycle?

Cash conversion cycle has components, including Days of Inventory Outstanding (DIO), Days Sales Outstanding (DSO), and Days Payable Outstanding (DPO).

What are the skills required for a cash manager?

A cash manager must have analytical, compliance, and communication skills.

What is the duration of this course?

This course is [ 1 ] day(s)

How will this training be beneficial for delegates?

This training will help delegates make more informed working capital decisions that will support future growth or protect the business from potential instability.

What will I learn in this Cash Cycle Management Training course?

In this Cash Cycle Management Training course, you will learn to calculate the cash conversion cycle, the importance of the cash flow statement, the process of accounts payable, effective collections negotiations, the purpose of subsidiary ledgers, how to measure cash flow, the workings of capital budgeting, and other essential topics.

What is the cost/training fees for Cash Cycle Management Training certification in Hong Kong?

The training fees for Cash Cycle Management Training certification in Hong Kong starts from HKD16995

Which is the best training institute/provider of Cash Cycle Management Training in Hong Kong?

The Knowledge Academy is the Leading global training provider for Cash Cycle Management Training.

What are the best Accounting Courses courses in Hong Kong?

Please see our Accounting Courses courses available in Hong Kong

Why choose us

Best price in the industry

You won't find better value in the marketplace. If you do find a lower price, we will beat it.

Many delivery methods

Flexible delivery methods are available depending on your learning style.

High quality resources

Resources are included for a comprehensive learning experience.

"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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