Practical Guide on Cash Flow & Working Capital Management


The course will cover how to analyze financial statements and case studies, interpretation of cash flow and working capital information, roles of working capital and cash flows in growth of the companies, and issues faced and strategies in critical decision-making.


Participants will gain valuable knowledge from the entire course and practical examples and exercises which they can apply in their business and professions.

The analytical structure for the course hinges on cash Management, working capital, identification of issues, management of the working capital and cash flows issues, strategies for the company, Financial analysis, forecasting of cash flows and various decision-making using various financials tools


Non-theoretical methodology which includes interactive discussions, case studies, interactive games and assignments to understand the concepts and their applicability.


All individuals who want to improve their finance effectiveness and decision making should attend this course:

  • Finance managers, business analysts, corporate finance professionals and manager etc
  • Functional/ Departments heads, CFO and decision-making professionals in the corporate finance of the company
  • Middle to senior managers working in finance department of the company
  • Financial professionals like CPA, CFA, MBA etc
  • Business owners, entrepreneurs, investors, consultants etc
  • Any other professional who wants to build up his/her finance capabilities


Time Module
Module – 1 Introduction

  • Introduction
  • What is cash
  • What does Cash include?
  • What is Cash Management?
  • Cash Management
  • Module – 2 Heart of any business

  • Importance of Cash Flows Statement
  • How to analyze Cash Flow Statement
  • Difference between Accounting profit and Cash profit
  • Module – 3 Cash management process and its control

  • Advantages of cash management
  • Steps to Cash Management process
  • Conduct a baseline assessment to establish your current status
  • Track your performance
  • Create an Action Plan
  • Roll it out
  • Continue to improve
  • Module – 4 Cash flow cycle and planning

  • How does money move in Cash Flow Cycle
  • Steps in Managing Cash Flow
  • How to measure the liquidity of the company and its impact on cash management
  • Sources of liquidity: Primary and secondary sources
  • How to measure the liquidity using various ratios
  • Analysis of impact of liquidity on cash management
  • Pitfalls’ of analysis
  • Module – 5 Forecasting and analysis of cash budget

  • How to build the cash budget
  • Analysis of cash budget
  • Items to be included and excluded
  • Pitfalls and point to remember
  • Module – 6 Financing of cash and working capital requirement of the business

  • Why we need financing for cash and working capital
  • Understanding and types of financing
  • Various sources to raise cash and its cost
  • How to evaluate various options and choose the best source
  • Module – 7 Impact of cash shortages and surplus

  • Understanding cash shortage & cash surplus
  • Cash shortfalls and cash surpluses
  • Managing Cash shortages
  • Steps in managing cash flow during shortages
  • Evaluating funding options
  • Accelerating cash inflows
  • How do you manage surplus cash
  • Investment policy
  • Steps for investment plan
  • Investment Product of corporate cash management
  • Module – 8 Effect of credit management on cash and strategy to improve the cash management

  • Credit management
  • Receipt Cycle
  • Issue in the credit management
  • Example of credit management for global companies
  • Understanding the impact of credit on the business of the company
  • Various type of policies used in industry and its impact on cash
  • Various analysis to check the effectiveness of the credit policies
  • Key pitfalls
  • Module – 9 How to manage the receivables and payables to improve the cash flows

  • Strategy of Credit management to improve cash flows
  • Advantages and disadvantages of these strategies
  • Receivable Financing
  • Types of receivable financing
  • Unsecured financing
  • Collection and payment practice
  • Categories of holding cash
  • Prompt Collection and efficient disbursement
  • Module – 10 Managing inventory

  • Understanding of various inventory management policies in the industry
  • How does inventory effects the cash management
  • Strategy to improve the inventory management
  • Various methods applied for inventory management
  • Inventory financing
  • Module – 11 Warning Signals of adverse working capital and cash flow management and steps to improve

  • Warning signs in working capital management
  • Understanding its impact on cash flow
  • Questions to be answered for warning signs
  • Early warning signs
  • Monitoring cash flow for warning signs
  • Module – 12 How to implement effective International cash management

  • International Cash Management
  • Complications in International Cash Management
  • Strategy for international cash management

    Santhanasamy Subbiah has more than 30 years of experience in corporate world on accounting and finance practices. His experiences in various industries include that of Banking, Manufacturing, Education, Insurance, Security, Plantation, Shipping, Shared Services and Freight Forwarding. He was also with the Ministry of Works engaged in special projects funded by the World Bank.

    Besides being in the corporate world he has lectured MBA programmes for the following Universities:- Open University Malaysia, University of New Castle Australia, Herriot Watt University UK, Asia Pacific International University and was a Dean for the School of Accounting and Finance with a local University.

    As a self-starter with his vast experience in numerous industries he is today a trainer and a principal consultant on GST for numerous of companies. He is no novice to GST. He has worked closely with Price WaterHouse Coopers on matters pertaining to GST since 2005 and contributed valuable inputs during the meeting with Ministry of Finance on matters pertaining to the implementation of GST in Malaysia.

    His specializes on the Understanding, Implementation and Hands-On training programs on Goods and Services Tax for numerous industries such as manufacturing, oil and gas, construction, logistic, retail, airlines, IPTA and many others. He is a GST trainer of Malaysian Institute of Accountants, Malaysian Institute of Insurance and Malaysia Institute of Corporate Governance.

    Santhanasamy holds an MBA majoring in Finance from University Putra Malaysia. He is a member of the Chartered Accountant of Malaysia, Chartered Management Accountant of UK, and an Associate Member of the Malaysian Institute of Management. He is a Certified Trainer of HRDF. He is a certified GST Tax Agent of Ministry of Finance.


    RM1, 378 per person for 2 days – SBL claimable (Inclusive of lunch, tea breaks, notes, certificate of attendance and 6% SST)

    *Group discount of 10% available (for 3 or more participants from the same company)


    Malaysian Export Academy
    No. 86, Jalan BP 7/8,
    Bandar Bukit Puchong,
    47120 Puchong, Selangor.

    Tel : 03 8066 3107
    Fax: 03 8066 6152

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