Cash management

Overview

Effective cash management is about having the right money in the right place at the right time - minimising the time spent waiting for money to arrive, minimising the interest we pay, and maximising the value of our money. That sounds easier said than done, but there are a range of techniques that can help your organisation achieve this.

This course will guide you on the mechanisms and techniques available to enhance cash management in your organisation. Gain an understanding of the instruments available to make and collect payments, along with the opportunities and complexities of electronic banking. You'll also be able to identify the key attributes of various account structures and systems, as well as short-term borrowing and investment options.

This course will enable you to:

• help your organisation and clients have the right money in the right place at the right time
• minimise time spent waiting for money to arrive, minimise the interest paid and maximise the value of your and your clients' money
• advise on which domestic and international payment methods are right for your organisation and clients
• decide on the best way of collecting payments, including different types of float and Direct Debit collections
• understand the impact that electronic banking can have on cash flow.

Key information

• learn at your own pace
• help meet your annual CPD requirements
• develop your own learning needs
• iPad/Android compatible
• exclusive member benefit – 10% discount.

Helping accountants grow

Disclaimer: This course is available for ACCA members, you may need your ACCA membership number to complete your booking. This course and outline is provided by a third-party course provider. All course bookings are subject to the terms and conditions set by the course provider. Please see individual supplier pages for full terms and conditions. ACCA takes no liability for bookings made with third-party suppliers.