Cash is the essential fuel that drives business forward – without it the business will surely fail. This course will begin with an appreciation of cash flows, to be followed by an understanding of the techniques used to prepare a cash budget and to forecast cash flows. As the importance of cash flow management cannot be over-emphasised in any business today, this course will also cover the efficient management of working capital to improve cash flows, including managing inventories, accounts receivable and payable. Participants will also learn how to meet cash shortfall through external financing. To reinforce learning, case studies will be incorporated for discussion.