Mastering Cash Flow Statements: From Preparation to Strategic Decision-Making
Course Introduction
In today’s competitive business environment, **managing cash flow effectively** is vital for maintaining financial stability and driving strategic growth. The accounts payable function, as a core component of working capital management, plays a central role in sustaining liquidity, supporting the supply chain, and optimizing financial performance.
This intensive program provides a **comprehensive understanding of how to prepare, analyze, and manage cash flow statements** through practical insights into accounts payable processes, working capital control, and best practices in financial operations.
Participants will gain exposure to **global case studies**, learning from both successful and unsuccessful implementations to understand how top-performing organizations achieve excellence in financial reporting and cash flow management.
Learning Objectives
By the end of this program, participants will be able to:
* Understand the fundamental link between **accounts payable, supply chain, and cash flow management**.
* Prepare, interpret, and analyze **cash flow statements** for informed financial decision-making.
* Implement **best practices in accounts payable processes** for improved operational efficiency.
* Apply **risk and uncertainty analysis** to manage financial exposure in payment cycles.
* Evaluate and enhance **payment methods and cash management systems**.
* Integrate **technology and automation tools** for a faster, more accurate closing process.
Key Learning Areas (5-Day Program)
Day One: Accounts Payable, Financial Accounting, and the Supply Chain
* Understanding the **Accounting Environment**
* Accounting and financial information
* Accounting terminology and sources of finance
* The Supply Chain Connection
* The role of accounts payable in the financial ecosystem
* **Cash Flow and Working Capital Management**
* Why cash flow is critical to organizational success
* Structure and interpretation of the **Statement of Cash Flows**
* Linking operational efficiency with liquidity
Day Two: Achieving World-Class Accounts Payable Processes
* Defining **Best Practice** in Accounts Payable (AP)
* Moving beyond traditional **Procure-to-Pay (P2P)** frameworks
* Managing **risks and internal controls** in the AP process
* Establishing **end-to-end AP excellence**
* Invoice handling and processing
* Vendor master data management
* T&E (Travel & Entertainment) policy compliance
* Leveraging **technology and communication** for streamlined AP performance
Day Three: Improving Invoice Processing and Operational Management
* Advanced **Invoice Handling Techniques**
* Approval workflows and verification
* Managing low-value and unidentified invoices
* Avoiding duplicate payments and common errors
* Enhancing **Operational Management**
* Petty cash control
* Supplier statement reconciliation
* Managing telephone and communication protocols in AP
* Practical session: Designing an **efficient invoice approval and reporting system**
Day Four: Harnessing Technology in the Cash Flow Process
* **Master Vendor File Management**
* Establishing naming conventions and data security controls
* Maintaining vendor records for audit readiness
* **Travel & Entertainment (T&E) Management**
* Handling advances, receipts, and employee reimbursements
* Automation tools for expense management
* **Technology Integration**
* Electronic invoicing systems
* Imaging and workflow tools
* Utilizing cloud and internet-based AP solutions for better visibility
Day Five: Payment Execution and Strategic Relationship Management
* **Effective Communication and Vendor Relations**
* Communicating payment status and financial data
* Building trust with vendors and internal stakeholders
* **Optimizing the Procure-to-Pay (P2P) Cycle**
* Enhancing coordination between purchasing, finance, and treasury
* **Payments and Cash Management Solutions**
* Cheques, procurement cards, and digital payment systems
* Developing a **strategic payment calendar**
* **Case Study Workshop**
* Designing an end-to-end payment and cash flow strategy based on real-world scenarios
Training Methodology
The course blends **interactive discussions**, **real-world case studies**, **team-based exercises**, and **hands-on simulations** to ensure participants acquire both the conceptual understanding and practical tools needed to achieve **cash flow excellence**.
Participants will engage in **group activities**, financial modeling exercises, and a comprehensive final workshop focusing on strategic decision-making in cash flow reporting and management.
Who Should Attend
This program is ideal for:
* Finance and accounting professionals
* Accounts payable and receivable specialists
* Treasury managers and cash flow analysts
* Financial controllers and internal auditors
* Business managers involved in budgeting, reporting, and operations
Enquiries and Registration
Enquiry at : admin@keleaders.com
Whatsapp: 0044 790 125 9494
For more details visit our website : www.keleaders.com
