While profits are important, every business needs cash in order to survive. Without available funds to pay suppliers and cover your overheads
10 - 30 mins
This course covers:
Cash flow cycle
Cash and non-cash transactions
Operational and non-operational cash flows
Cash vs profit
Calculate cash positions
Changes from one period to next and compare to profit
Reconcile the difference
Maintaining cash flow through the cash budget
Including lagging because of credit transactions
Reducing the risk of granting credit
What you'll achieve
When you’ve completed the course, you’ll understand:
how to monitor cash inflows and outflows
how to produce forecasts so you can identify when cash shortfalls may occur
best practice credit control processes to ensure you’re paid on time, every time.
Who it's for
This course is perfect if you're:
running your own business and looking to improve your financial acumen
in a non-financial role but want to better understand the cash flow cycle and credit control
looking to upskill by bolstering your basic finance skills.
How to access
The basics of cash flow is a 30-minute session including video tutorials and interactive learning to test your knowledge as you learn. You can purchase this course on its own or discounted as part of the AAT Business Finance Basics bundle.
Once purchased you will be able to access the AAT Learning Portal where you'll have 12 months from the date you access the learning materials. AAT Learning Portal allows you to view all the courses you’ve purchased in one place, monitor your latest training activity and create goals to help you achieve your training aims.