Are you managing your cash, or is your cash managing you? Can you effectively project cash position a week, month or year from now? This seminar demonstrates how to develop long and short-term cash management processes, allowing for productive days and restful nights.
DESIGNED FOR
CPAs and corporate financial managers
BENEFITS
- Review the limited authoritative and non-authoritative literature covering special-purpose frameworks (SPF).
- Learn how to prepare SPF financial statements using the cash, modified cash- and tax basis of accounting.
- Be aware of SPF accounting and presentation issues.
- Review the disclosure requirements for SPF financial statements.
HIGHLIGHTS
- Manage cash electronically
- Encourage customers to pay faster.
- Preserve cash and reduce costs by partnering with vendors to take advantage of their purchase discounts.
- Identify dollars for capital improvements.
- Understand working capital loan options.
- Know how good cash management solutions make your company attractive to lenders.
- Understand how to adjust your cash management strategy for economic conditions.
PREREQUISITES
None
ADVANCE PREPARATION
None