These are uncertain times. With constant economic fluctuation, geopolitical uncertainty and inflation pressures, corporations and their professionals are facing challenges at every turn. The Controllership function is accustomed to dealing with changing variables but when the change is constant and every evolving, even the simplest of tasks like cash flow and cash forecasting can become difficult.

This webinar focuses on what methods the controller can elicit to attempt to address the current uncertainty when working with their cash flow issues and forecasting. Of course, there are basic measures that can be employed such as:

  • Proactively managing receivables and payables
  • Automate your accounts payable and receivables process
  • Keep business expenses at a minimum
  • Work with digital methods of payment from vendors
  • Use credit wisely

However, this webinar explores methods used to create and manage your cash flow and forecasting processes. These methods go one-step past your typical forecasting to enable management to explore various alternatives and scenarios for the business.

Learning Objectives
  • Explore and examine cash forecasts and estimates.
  • Discover and evaluate scenario planning.
    • Identify steps of scenario planning.
  • Explore and evaluate time-series analysis.
  • Discover and discuss methods of survey’s, research and interviews.
  • Identify and examine the process of cash flow.
  • Discover and discuss methods of cash flow forecasts and estimates.
Last updated/reviewed: December 19, 2023

Included In Certifications

This course is included in the following Certification Programs:

20 CoursesThe Controllership Series Certification

  1. The Controllership Series: The Controller Function - Elevating the Role
  2. The Controllership Series: The Controller Function - Strategic and Annual Planning
  3. The Controllership Series: The Controllers Role in Financial Forecasting
  4. The Controllership Series: Future Role of the Controller – Part 1
  5. The Controllership Series: Future Role of the Controller – Part 2
  6. The Controllership Series: The Controller Function - Cash and Investments
  7. ASC 842 Accounting for Leases - Deep Dive
  8. The Controllership Series: The Controller Function - Inventory Part 1
  9. The Controllership Series: The Controller Function - Inventory Part 2 - Inventory Valuation, Physical Inventory Methods and Inventory fraud
  10. The Controllership Series: Overhead, Direct and Indirect Costs and Allocation Methods
  11. The Controllership Series: Financial Statement Preparation and Presentation
  12. The Controllership Series: The Controllers Role in the Procurement Function
  13. The Controllership Series: The Role of The Controller in ESG
  14. The Controllership Series: The Controllers Role in Pro Forma Financials
  15. The Controllership Series: The Controllers Role in Data Analytics and Big Data
  16. The Controllership Series: Introduction to the Financial Close Process
  17. The Controllership Series: Managerial Accounting Basics and Cost Principles
  18. The Controllership Series: Sales, Collections and Customer Credit
  19. The Controllership Series: Addressing Cash Flow and Forecasting Uncertainty
  20. Tools for The Controllership Series Certificate
3 Reviews (9 ratings)

Reviews

5
Anonymous Author
Good summary fo the various aspects that impact businesses today. Cash flow is incredibly important. It was helpful to discuss some of the various pieces that go into cash flow management, especially scenario analysis.

5
Anonymous Author
This is an excellent course. The instructor explains the subject matter in a logical manner.

4
Member's Profile
Good overview of the subject material. Covered all the major points.

Prerequisites
Course Complexity: Foundational
No advanced preparation or prerequisites are required for this course.
Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Addressing Cash Flow and Forecasting Uncertainty4:42
  Cashflow Forecast and Estimates - Part 16:58
  Scenario Planning7:03
  Steps for Scenario Planning17:54
  Time Series Analysis6:34
  Surveys, Focus Groups and Interviews7:40
  Examining Cash Flow10:48
  Cash Flow Forecasts and Estimates - Part 29:52
  Summary0:56
CONTINUOUS PLAY
  Addressing Cash Flow and Forecasting Uncertainty1:12:27
SUPPORTING MATERIAL
  Slides: The Controllership Series: Addressing Cash Flow and Forecasting UncertaintyPDF
  The Controllership Series: Addressing Cash Flow and Forecasting Uncertainty Glossary/IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam