Posted by: Mia Lewis
Post Date: 12th June 2015
Effective cash flow forecasting is essential to managing the financial performance of any organisation. Without it, a business is at risk of insolvency. Whether you work in accounting, run your own business, or hold a management position within an organisation, it’s important to have an understanding of how cash flow forecasting works.
Qualified accountant Patricia Barlow recently held a webinar, covering the following points:
- Why cash flow is the lifeblood of a business
- How to create a cash flow forecast, using Excel or other spreadsheet software
- How to manage a cash flow effectively, keeping it up to date, and planning for eventualities
- How to identify problems such as limited cash flow, and devise solutions such as managing resources better and negotiating with suppliers
Do you have questions about the webinar, or want information about developing your accounting skills? Just get in touch here, or give us a call on 0333 323 4050.
