Cash Forecasting Fundamentals Course

Learn the practical benefits and challenges of cash flow forecasting in this one-day ACT course.

IS THE CASH FORECASTING FUNDAMENTALS COURSE RIGHT FOR YOU?

Yes if you are:

  • new to treasury or financial planning
  • experienced in treasury or financial planning, but want to review and update your forecasting skills and knowledge
  • a member of treasury or financial planning tasked with reviewing or redesigning your cash forecast framework and processes

WHAT WILL YOU GAIN FROM THE CASH FORECASTING FUNDAMENTALS COURSE?

Course participants will gain a broad understanding of:

  • practical benefits and challenges of cash flow forecasting
  • tips, techniques and tools
  • using cash flow management technology effectively
  • relevant KPIs and reporting
  • designing a cash forecast framework
  • how to manage a cash forecast project

CASH FORECASTING FUNDAMENTALS COURSE STRUCTURE

The cash flow forecasting training course includes interactive exercises and real case studies and examples.

Introduction and Context

  • Working capital and cash cycles
  • Corporate context and drivers
  • Hierarchy of benefits

Forecast Frameworks

  • Forecast types and components
  • Key forecast dimensions – and how they inter-relate
  • Alternative forecast formats

Forecast Techniques

  • Direct method
  • Indirect method
  • Statistical approaches
  • Hybrids and others

Designing the Forecast Framework

  • Current state assessment
  • ‘Best fit’ approach
  • Key design parameters
  • Process components

Using Technology

  • Functional types and uses
  • Typical systems environments

Building a Forecast Model

  • Typical development lifecycle
  • Driver-based methodologies
  • ‘Ownership’ challenges

Implementing the Forecast

  • Setting up the project
  • People considerations
  • Reporting and KPIs
  • Getting the most from variance analysis

WHAT YOU GET ON THE DAY
Join us for a truly inspiring training session. Training courses are delivered in a safe environment for you to ask questions and learn practical sills you can immediately apply back in the work place. You’ll meet like-minded people and hopefully make some great contacts too. And we’ll look after you from the word go, offering booking, travel or accommodation advice and a warm welcome on the day.
FRIENDLY

We’re committed to making you feel welcome, you only need to ask

CATERED

From great food to stationery we’ve got it covered

PRACTICAL

Useful handouts are supplied so you can refer back at any time

MEET YOUR TRAINER

Rod Staples ACA, AMCT

Rod is a Senior Manager in the Treasury Consulting team at PwC, and has worked with global and smaller businesses across a range of industries, including Oil & Gas, Media, Leisure, FMCG and Telecoms. He has over 18 years of experience in cash management, forecasting and reporting, as well as financial risk management and treasury organisation, policies and processes. He has developed and delivered internal and external training courses on cash forecasting, and on cash and risk management and also has authored a number of cash forecasting articles for professional publications including The Treasurer and gtnews. Rod's qualifications include BA (Hons) Modern History, ACA and AMCT.

BUY YOUR COURSE

Dates and location:

20 September 2017, London

Fees:

ACT members, students and CPD accredited employers: £750 + VAT

Other treasury/accountancy body members: £800 + VAT

Non-members: £850 + VAT

Discounts:

Early bird discounts - book four weeks before to save 15% on the course fee *

Group discounts - if three or more people from the same organisation book onto any ACT training course, they qualify for 25% off the combined course fee *

* see terms and conditions

Buy training course

BOOKING FOR YOUR TEAM?

We can also deliver this cash forecasting training course to companies with teams that are interested in taking the course, tailoring it to your business needs. Find out more about in-company solutions here.