Join us for this one-day course and learn how to manage your working capital for improved profitability. Registration is from 8.30am for a start at 9am. The course is scheduled to finish at 5pm.
Why you should attend
This comprehensive one-day course is being hosted jointly with the Association of Corporate Treasurers.
Damian Pickard FCA, MCT will present techniques that can help you manage working capital and permanently improve your cash flow. It deals with basic principles for smaller companies and strategies for larger enterprises to employ, including: end-to-end cash flow management, supplier financing and technology solutions.
This course involves practical exercises to apply the content to real situations.
The programme includes:
Introduction
- Importance of working capital management
- Cash flow and profit relationship
- Risk and return trade off
The working capital cycle basics
- Cash conversion cycle
- Inventory
- Debtors & Days Sales Outstanding
- Creditors & Days Payable Outstanding
Working capital optimisation - theory
- Economic Order Quantities
- Baumol/Miller-Orr cash management models
- Process improvement (P2P, O2C)
Working capital optimisation – basic practice
- Credit control
- Stock control
- Debtor management
- Management reporting – KPI’s
Working capital optimisation – advanced practice
- Treasury procedures
- Technology solutions
- Payment systems (CLS, EIPP,B2B)
- End to end cash flow management
Working capital exercise
Financing working capital
- Discounting/Factoring
- Supplier financing
- Liquidity management
- Capital intensity
Speakers
Damian Pickard
Damian is a Chartered Accountant and MCT member by Diploma and is currently a Senior Lecturer in Accountancy and Finance at the Northampton Business School in the University of Northampton. He lectures on MSc and undergraduate programmes in banking, accountancy, trade finance and corporate risk. Before joining the university, Damian had a varied career in financial services with senior positions as an accountant with Alliance and Leicester plc and Egg Banking plc before becoming CFO for a Citibank subsidiary and then Finance Director of a medium sized building society.
Costs
ACT and Finance & Management Faculty Members
£550 +VAT
£590 +VAT
£630 +VAT
Note: Please visit www.treasurers.org/training for early bird offers.