Overview

The main purpose of cash flow forecasting is to make the most out of available cash in the future. Field professionals use cash flow forecasting to organize cash management tasks, planning cash concentration transfers, funding disbursement accounts, and deciding on short-term investments and borrowing. Despite its significance, estimating cash flow is still an inexact science, mostly because so many assumptions must be made. This workshop is designed to give participants an overview of the skills required in an exceptional forecaster and the best practices in the field. It explains the forecasting process and differentiates between its different types. Finally, 3 different simulations and a case study are added to give participants the chance to practice the acquired knowledge.

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Outcome

Understand the characteristics of the exceptional cash management forecaster


Use benchmarking forecasting between different industries


Apply the best practices in cash flow forecasting


Differentiate between different types of forecasting


Explain the forecasting process and apply it

Details

Developed by: Beacon FinTrain

Total Hours: 18 Hrs

Language: English - Bilingual "English & Arabic"

Modalities: 
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Outline

Uses for Cash Flow Forecasts



Issues and Opportunities in Forecasting

Cash Flow Components

Degree of Certainty

Data Identification and Organization







Selection and Validation of the Forecasting Method

Short-Term Cash Flow Forecasting Methods

Accounts Receivable (A/R) Balance Pattern Forecast

Distribution Forecast

Receipts and Disbursements Forecast

Medium- and Long-Term Cash Flow Forecasting Methods











Statistical Methods in Forecasting

Simulation: Daily bank
position

Simulation: Weekly
Projection

Simulation: Annual cash
plan







Case Study: Basic Financial
Model

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Who Should Attend

  • Forecasting teams
  •  Budget and planning managers
  •  Accountants
  •  Cash managers
  •  Cash specialists
  •  Treasury managers
  •  Liquidity team
  •  Corporate finance managers

Why Beacon

Quality

Beacon FinTrain prioritizes excellence in every service, ensuring top-notch, reliable, and consistent outcomes that meet and exceed client expectations.

Specialization

We focus on finance, offering expert knowledge and bespoke solutions that cater to the unique needs of finance professionals in the Middle East and Africa.

Punctuality

Time is money. We respect deadlines, delivering precise and timely results to help our clients stay ahead in the fast-paced financial world.

Guidance

Beacon FinTrain is a guiding light in finance, providing insightful advice and support to navigate the complexities of financial markets and regulations.

Integrity

We uphold the highest ethical standards, fostering trust and transparency in all our dealings to build lasting relationships with clients.

Flexibility

Adapting to the dynamic finance sector, we offer versatile services and solutions that align with the evolving needs of our clients.