The basics of cash flow

While profits are important, every business needs cash in order to survive. Without available funds to pay suppliers and cover your overheads, operations can quickly grind to a halt.

This course will explain why "turnover is vanity, profit is sanity and cash is reality" - and the best practice for managing your cash flow.

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

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.

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.

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.