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This course corresponds to our Controllership series. This course is dedicated to exploring the traditional controller role and stepping out of the box to identify areas where the controller can continue to add strategic value to their organizations. Within this segment of our controllership series, we discuss the area of cash and investments and explore how the controller can move these responsibilities into more of a strategic role.

In today’s world, the role of cash management is often a pivotal role in the organization. In economically difficult times, controllers may find that they spend a great deal of their time on understanding and managing the organizations' cash position. This is certainly important and, in some areas, can be seen as a staple of the lifeblood of the organization’s ongoing viability.

This course takes a look at some of the typical objectives involved in Cash management and then evaluates how those objectives can be further stretched into strategic pillars of the organization.

Controllers are essential to the day-to-day accounting for organizations. Yet, the role is not often readily understood. In today’s world of acronyms such as CFO, CEO, COO, CAO etc. the controller function may get lost in the shuffle. However, they are a critical group of professionals that will ensure the adequacy and transparency of accounting and financial reporting information.

Below courses are currently available on the site:

  • The Controllership Series: The Controller Function - Elevating the Role
  • The Controllership Series: The Controller Function - Strategic and Annual Planning
  • The Controllership Series: The Controller Function - Cash and Investments
  • The Controllership Series: The Controller Function - Inventory Process Part 1
  • The Controllership Series: The Controller Function - Inventory Process Part 2
  • The Controllership Series: Financial Statement Preparation and Presentation

Learning Objectives

  • Discover and understand basic cash objectives.
  • Explore and evaluate cash flow and cash collections.
  • Identify cash flow basics.
  • Explore and examine strategic cash flow.
  • Discover and understand technology and its role in cash flow systems.
  • Explore and examine strategic Investing.
Last updated/reviewed: June 10, 2021

Included In Certifications

This course is included in the following Certification Programs:

17 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. GAAP Principles, Assumptions and Considerations
  4. The Treasury Function Part 1: Cash, Liquidity and Investments
  5. The Controllership Series: The Controller Function - Cash and Investments
  6. ASC 842 Accounting for Leases - Deep Dive
  7. Revenue Recognition (ASC Topic 606) Standard Overview
  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. Analyzing Financial Ratios - Leverage
  13. Analyzing Financial Ratios - Performance And Efficiency
  14. Analyzing Financial Ratios - Solvency, Liquidity and Debt
  15. The Controllership Series: The Financial Close Process
  16. The Controllership Series: Managerial Accounting Basics and Cost Principles
  17. Tools for The Controllership Series Certificate

17 Reviews (64 ratings)Reviews

5
Anonymous Author
This course goes over tips for managing cash. Also, it goes into different types of investments and tips for managing the risk.
5
Member's Profile
Lynn, We have done it again. Great course. loved it. thank you, Larry
5
Member's Profile
Quite informative course. Lots of useful tips and information.
5
Anonymous Author
Great course on explaining controller's role in relation to cash management. It might be better to provide some real world examples regarding how the controllers can work with treasury department.
5
Member's Profile
This course is a thorough discussion of how the Controller can contribute to execution of the cash management strategy, beyond the transactional responsibilities.
4
Member's Profile
This was ok. Wish the examples of technology had a link where you could look at samples or youtube videos on how the product works.
5
Anonymous Author
I loved this course. It gave a great overview of what cash management entails and also tips for how to better manage your cash.
5
Anonymous Author
Cash is king! Focused course here on some tips. I realized I need to become more familiar with the tech options out there.
5
Member's Profile
I liked how even though cash flow was in the title, the course was more descriptive from an analytical standpoint.
5
Anonymous Author
valuable course on controller's role in cash management & investment function. thanks to the instructor.
5
Anonymous Author
Good to revisit this area and hear about new ways technology can assist in cash management and controls.
5
Member's Profile
Good course on the cash and investments, it touches on high level subject matter but effective.
5
Anonymous Author
Great description of different vehicles to be used for excess cash and technology.
5
Anonymous Author
Very informative. Good to learn new technologies for automating cash processes.
5
Anonymous Author
Am enjoying these Treasury function courses and overviews!
4
Member's Profile
learned some things. i like that. need to keep typing
5
Member's Profile
clear concise information with daily applicable tips

Prerequisites

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 .
Course Syllabus
INTRODUCTION AND OVERVIEW
  3:09Introduction to The Controller Function - Cash and Investments
  11:36Cash Objectives
  18:38Cash Flow and Cash Collections
  3:17Strategic Cash Flow
  8:14Technology
  10:57Technology Cont'd
  8:38Investing
  4:16The Controllers Role in Investing
  1:05Summary
CONTINUOUS PLAY
  1:09:50The Controller Function - Cash and Investments
SUPPORTING MATERIAL
  PDFSlides: The Controller Function - Cash and Investments
  PDFThe Controller Function - Cash and Investments Glossary/ Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM