Docstoc

Controlling your cash flow

Document Sample
Controlling your cash flow Powered By Docstoc
					Controlling
your cash flow
                                                    Knowledge area: Technical


In any organisation it’s vital you continue to      What’s inside
monitor your cash flow operations, as this is a     Look inside to find out more about
                                                    the following self-paced programs:
critical element in determining future success.
                                                    + Cash flow statements
Equip yourself to manage your organisation’s cash     preparation
flow with the skills and knowledge necessary to:
                                                    + Consolidated cash
+ Identify improvements and problems early            flow statements
                                                    + Introduction to cash
+ Analyse your liquidity
                                                      flow statements
+ Implement strategies to help maintain your        + Managing and forecasting
  financial position                                  cash flow




                                                          Comp
                                                                lia
                                                            AASB nt with
                                                          requi 107
                                                               remen
                                                                     ts
Controlling your cash flow




                                                                              Introduction to cash
                                                                              flow statements
CPA Australia’s suite of cash flow programs will show you how to
streamline your critical cash flow processes, to ensure healthy cash flows
and to give you the opportunity to gain greater visibility into the sources
                                                                              CD-ROM        |   Online

and uses of your cash.                                                        Understand and create a simple cash flow
                                                                              statement as required by AASB 107 and equip
                                                                              yourself with the knowledge to make decisions
Online and CD-ROM features                                                    regarding your company’s cash flow.
+ Learn anytime, anywhere
                                                                              Program outline
+ Detailed, case-based interactive and worksheet activities,                  This program will examine the following:
  supported by hints and explanations                                         + The importance of cash flow statements
+ Tools and templates to implement immediately                                + An overview of the professional
                                                                                accounting standard AASB 107, including
                                                                                note disclosures
How to order                                                                  + The structure and components of cash
Return the completed order form on the following page, or order                 flow statements
online directly, searching for the program(s) that interest you, at           + How to convert from accrual to
cpaaustralia.com.au/cpd                                                         cash-based information
                                                                              + The preparation of cash flow
                                                                                statements through practical examples,
Career Guidance System                                                          inclusive of GST
                                                                              + The role of cash flow information within
New competency levels                                                           the failed telecommunications company
Each program has now been matched to a set of competencies                      One.Tel Ltd
that will assist you to plan your career development well into the future.
                                                                              Learning outcomes
Each level is defined by the tasks expected to be undertaken within a
                                                                              At the completion of this program you
competency, level of risk of the tasks, level of supervision, experience
                                                                              will be able to:
and strategic thinking.
                                                                              + Understand the differences between cash
                                                                                and accrual accounting
       Competent:                                                             + Understand the historical development
Program will provide an overview of the topic and knowledge of key              of cash flow statements through the
                                                                                early statement of sources and application
principles. Suitable for those with 2 – 3 years of experience looking
                                                                                of funds, up to and including the
to gain increased competence in the area.                                       current AIFRS equivalent AASB 107
                                                                                Cash Flow Statements
       Proficient:                                                            + Understand the components of the cash
                                                                                flow statement and how to convert accrual
Program will provide an intermediate level of detail on the topic and a
                                                                                data into cash flow data
focus on the application of knowledge. Suitable for those with competent
                                                                              + Prepare cash flow statements using the
experience looking to gain increased proficiency in this area.
                                                                                direct and indirect methods as illustrated
                                                                                with practical examples
       Expert:                                                                + Prepare and interpret the various
Program will provide enhanced knowledge with a strategic perspective            cash flow ratios
on the topic, and will focus on the evaluation and synthesis of concepts.     + Identify the limitations of cash
                                                                                flow statements
Suitable for leaders and specialists with 8 – 10+ years of experience
looking to achieve an expert level of competency in the area.                 + Analyse and discuss various high-profile
                                                                                corporate collapses involving cash flow
For more information and to assess your business knowledge visit              + Summarise consolidated cash flow
careerguidancesystem.cpaaustralia.com.au                                        statements, creative accounting in cash
                                                                                flow statements and the benefits of
                                                                                budgeting for cash flow
                                                                                                 Controlling your cash flow




Cash flow statements                           Consolidated cash flow                            Managing and forecasting
preparation                                    statements                                        cash flow
CD-ROM       |   Online                        Online                                            CD-ROM        |   Online

Expand your understanding of how to prepare    Solid, positive cash flows are imperative to      Use a hands-on approach, and ensure you
a statement of cash flow and disclosures in    the livelihood of any business. This self-paced   can apply the theory to a practical situation,
accordance with AASB 107. Take the ideal       program will equip you with the principles and    working through hypothetical and real life
development step to enhancing your cash        knowledge necessary to prepare and analyse        examples.
flow statement knowledge, by understanding     a consolidated cash flow statement.
                                                                                                 You will be provided with the tools required
how to construct a cash flow statement and
                                                                                                 to manage your organisation’s cash, identify
associated notes within your organisation.     Program outline
                                                                                                 improvements and problems early, analyse
                                               This program will focus on the following:         your liquidity and implement strategies to help
Program outline
                                               + The preparation of cash flow statements         maintain your financial position.
This program will examine the following:         that involve the acquisition and disposal
+ Review of AASB 107 requirements                of subsidiaries                                 Program outline
+ Analysis and reconstruction of ledgers       + Compliance with accounting standard             + Managing cash balances
  to obtain cash flow information                AASB 107 Statement of cash flows                + Operating cash flow management
+ The use of worksheets to prepare             + The preparation of consolidated cash flow       + Investing cash flow management
  cash flow statements                           statements, including the relevant notes to
                                                                                                 + Financing cash flow management
+ The preparation of relevant disclosures        the accounts
                                                                                                 + Forecasting future cash flows
  required by AASB 107                         + Understanding and recording operating,
+ UIG Interpretation 1031; how to deal           investing and financing activities
                                                                                                 Learning outcomes
  with GST                                     + Three different methods for preparing
                                                                                                 At the completion of this program you will be
                                                 consolidated cash flow statements –
                                                                                                 able to:
Learning outcomes                                the template, ledger reconciliations
                                                 and the worksheet                               + Demonstrate an understanding of cash flow
At the completion of this program you
                                                                                                   priorities and the key business drivers for
will be able to:
                                               Learning outcomes                                   sustainable cash flow
+ State the key presentation and disclosure
                                               Upon successful completion of this program        + Assess how to manage liquidity and cash
  requirements of AASB 107 Statement of
                                               you will be able to:                                balances, and the effect of interest rates on
  Cash Flows
                                                                                                   cash balances
+ Prepare a cash flow worksheet to             + Prepare a consolidated cash flow
                                                 statement, incorporating the effect of both     + Manage operating cash flows by
  determine cash flows
                                                 an acquisition and disposal of a subsidiary       identifying how to assess and improve the
+ Determine and disclose GST cash flows in                                                         supply chain and overall working capital
  accordance with UIG Interpretation 1031      + Prepare the associated notes that
                                                                                                   management through management of
  Accounting for the Goods and Services          accompany the cash flow statement
                                                                                                   receivables, inventory and payables,
  Tax (GST)                                                                                        including decisions on whether to make or
+ Present a cash flow statement and                                                                buy a product
  prepare relevant disclosures in accordance                                                     + Manage investing cash flows by identifying
  with AASB 107                                                                                    the important cash flow factors in
                                                                                                   determining whether to lease or purchase
Program highlights                                                                                 capital equipment
+ Step-by-step activities and a major case                                                       + Complete a project evaluation using
  study to draw all your learning together                                                         discounted cash flow
+ The ability to choose how you wish to work                                                     + Manage financing cash flow by identifying
  through the materials                                                                            whether to fund the organisation from debt
+ A readiness quiz to help you know what                                                           or equity sources, and how to organise
  sections you need to work through for                                                            dividend policy
  clarity, if you had previously scored an                                                       + Understand the benefits of hedging interest
  incorrect answer                                                                                 rate and currency transaction to minimise
+ The ability to compare your solutions with                                                       cash outflow
  the suggested answers provided                                                                 + Understand how to apply and analyse key
                                                                                                   cash flow ratios including cash burn ratios
                                                                                                   and bankruptcy prediction
                                                                                                 + Design and manage cash forecasts/plans
                                                                                                   using budgets
                           Order Form | 2010                                                                                                                                                                SOURCE CODE: 1009 01 EL
                           Controlling your cash flow                                                                                                                                                       Enquiries 1300 857 705


1   Choose your method of order                                 3   Make your payment                                                               4    Agree to terms & conditions
    Order via this form                                         3.1 Choose your program, learning option and fee* (incl GST)                             By signing this form you agree to the following terms
    B Go to 2.1                                                                              CPA member         Non-member                               and conditions
                                                                    Learning option          fee                fee                Code     Hrs**   1    Registrations and orders for online products, workshops, e-Learning CD-ROM and paper-based
    Order online                                                    Cash flow statements preparation
                                                                                                                                                         products (“Program/s”) must be accompanied by full payment. Postage and handling is
                                                                                                                                                         included in the cost where relevant. Receipts will only be issued upon request.
    B Go to cpaaustralia.com.au/cpd
    Do not continue filling out this form                           CD-ROM                       $365               $510           CPD085   6       2    It is intended to supply the Program/s in Australia within 15 working days from receipt of payment.
                                                                                                                                                         Refunds will be granted under certain circumstances. Please contact the Member Administration
                                                                    Online   †
                                                                                                 $330               $460           CPD227   6            Hotline on 1300 857 705 for refunds or replacement. Please allow up to 15 days for replacement of
                                                                                                                                                         the product.
                                                                    Consolidated cash flow statements
                                                                                                                                                    3    The Program/s is/are sold for individual and private use only and protected by Australia copyright
2   Register your details
                                                                    Online†                      $190
                                                                    Introduction to cash flow statements
                                                                                                                    $265           CPD253   3            laws. The Program/s cannot be copied, reproduced, adapted, stored in a retrieval system,
                                                                                                                                                         transmitted or sub-licensed without the prior written permission of CPA Australia Ltd CPA Australia).
                                                                                                                                                         Any unauthorised copies sold, leased, imported, distributed or publicly exhibited for trade purposes
2.1 Are you a CPA member?                                           CD-ROM                       $530               $740           CPD030   12           constitute an offence and attract civil and criminal penalties. For permission to reproduce or otherwise
                                                                                                                                                         deal with the Program/s a request in writing is to be made to CPA Australia’s Legal Business Unit,

    Yes B  Provide your                                             Online†                      $495               $690           CPD252   12           CPA Australia, Twenty8 Freshwater Place, Level 20, 28 Freshwater Place, Southbank, Victoria.

    membership number                                                                                                                               4    CPA Australia reserves the right to alter the Program/s without notice, however the Program/s are
                                                                    Managing and forecasting cash flow                                                   intended to be provided as advertised.
    No B  Provide your                                              CD-ROM                       $840               $1,175         CPD024   16      5    CPA Australia reserves the right to cancel face-to-face workshops due to insufficient
    non-member ID                                                                                                                                        numbers. Registrants will be notified and refunded in full should this occur.
                                                                    Online   †
                                                                                                 $800               $1,120         CPD124   16
                                                                                                                                                    6    Registrants wishing to cancel or transfer a face-to-face workshop, must advise CPA Australia
2.2 Provide your name and details                                   *Prices valid to 31 December 2010 / inc. GST ** CPD hours are subject to             in writing at least 5 working days prior to the date of the face-to face workshop. Registrants
Copy this form for multiple registrations                           successful completion of an online assessment within 6 months of purchase            will otherwise be liable for payment. Transfers are subject to the applicable registration rate and
                                                                    †
                                                                     Access to the online program will expire 12 months after purchase                   additional payment may be required.


    Mr       Miss      Mrs           Ms Other: ..............   Ω TOTAL                      $
                                                                                                                                                    7    The information expressed in any Program/s represents the opinions of the author and not
                                                                                                                                                         necessarily those of CPA Australia or its members. The content of these Program/s is for general
                                                                                                                                                         information only. It is not intended as professional advice. For professional advice you should
First name                                                      3.2 Choose how you would like to pay                                                     consult a suitably qualified professional. CPA Australia expressly disclaims all liability for any loss
                                                                    Your payment must be sent with this form                                             or damage arising from reliance upon any information on these Program/s.

                                                                    Pay by cheque or money order                                                    NB All CD-ROM and online products are PC compatible only. CD-ROM, paper-based and online
Last name                                                                                                                                              product prices are subject to change.
                                                                    Payable to CPA Australia Ltd B Go to 3.3
                                                                                                                                                         To view the system requirements of CD-ROMs or online programs, please visit cpaaustralia.
                                                                    Pay by CPA Australia American Express                                                com.au/links?systemreq
Organisation                                                                                                                                             You also agree to the conditions outlined
                                                                    or           Amex        Visa        Mastercard          Diners                      in the following Privacy Statement
Position                                                            Card number                                                                          CPA Australia Ltd (CPA Australia) (ABN 64 008392 452) protects the privacy and security of
                                                                                                                                                         information provided by you. By completing this form, you agree to the use of your personal
                                                                                                                                                         information by CPA Australia to contact you about our products and services, to disclose
                                                                                                                                                         to third parties providing services to CPA Australia, and for internal purposes. CPA Australia
                                                                                                                                                         processes payments for CPD Events using online technologies. All transactions processed
Postal address             private          company                 Expiry date                      /                                                   by CPA Australia meet industry security standards to ensure your details are protected.
                                                                                                                                                         Tax Invoice: Where an individual registration is for less than $1000 (incl GST) this document
                                                                    Name on card                                                                         becomes a tax invoice for GST purposes upon completion of payment. NOTE: Individual
                                                                                                                                                         forms must be completed for each attendee. Please sign and date below†.


                                                                Ω Cardholder’s signature                                                            Ω Signature            To agree to above & for tax invoice†
                              Postcode
                                                                                                                            Date
Contact phone number                                            3.3 Sign section 4 and send your order and full payment*
                                                                                                                                                         Date
(            )                                                      Fax 1300 658 156 Credit card only                                                    If you do not wish to receive further CPD information by mail, tick the box and fax to
Contact email                                                       Mail CPD Registration, CPA Australia Ltd,
                                                                                                                                                         CPA Australia on 1300 787 673 (do this in addition to mailing/faxing your order)
                                                                             GPO Box 2820, Melbourne VIC 3001                                            I do not wish to receive CPD offers by mail

CPA Australia Ltd ABN 64 008 392 452

				
DOCUMENT INFO