Course Detail()

Programme Objective

Learn what cashflow sustainability is about
Understand the flows and interrelationships among financial statements in respect of the 2 key cashflow engines.
Understand and apply the components of the Cashflow Sustainability Framework
Appreciate the importance of shareholder value and its drivers
Understand what drives cashflow sustainability for the going concern assumption to be upheld,
Apply a 7-step approach to period cashflow statement analysis
Apply a 5-step approach to trend cashflow statement analysis
Learn how to ensure that the company’s cashflow is visibly sustainable

Programme Outline

Current accounting & finance practice focuses on cashflow projections, which are short-term in nature and by design. Cashflow Sustainability focuses on the future; the ability of the company to continue its corporate growth indefinitely. But this cannot happen overnight.

The company needs to develop, build, monitor and assess cashflow sustainability. To do so, management need to address the following:

a) Economic Resources Approach to Accounting (ERAA),
b) Lagging & leading indicators (typically, Financial Limits to Growth (FLTG) and 2-level Sales Analysis (TLSA)),
c) V.I.S.A. (Volatility of P&L Impairment of assets; Sustainability of operating cashflows; Adequacy of funding resources) Approach to Financial Management,
d) Cashflow return on working capital,
e) Period & Trend Cashflow Statement Analysis, and more.

An integration of these new and existing concepts and principles would enable cashflow sustainability to be better understood and managed, for the benefit of all stakeholders, especially the discerning shareholders.

This course clearly explains these new concepts and principles, which can be applied on the job immediately to ensure cashflow sustainability of your company.

The essence of corporate cashflow sustainability covers the following topics:

a) From Entity Concept to Cashflow Sustainability

How cashflow sustainability can help ensure that the entity journeys toward existence in perpetuity in furtherance of the entity and going concern concepts.

b) Shareholder value and V.I.S.A.
The elements of shareholder value and how each plays a significant role in enabling the company’s perpetual existence. And how V.I.S.A. establishes the general financial health of the company.

c) The Economic Resources Approach to Accounting (ERAA)
Analysis of the ERAA Framework and how it helps build, monitor, and assess a company’s cashflow sustainability

d) Marketing & Sales’(M&S) interface with Accounting & Finance (A&F)
How both M&S and A&F must work together, hand in glove, to build cashflow sustainability

e) Capital structure, leverage, and risks
Relationship between capital structure, leverage and risks and their impact on and implications to financial planning, operational performance, and shareholder value

f) Leading & lagging indicators

using lagging indicators to uncover what have gone wrong
applying leading indicators to forewarn what could go wrong, providing financial guard rails, and protect sales growth from being too aggressive, which could lead to financial disaster

g) Period cashflow statement analysis
Applying a 7-step approach to analyse the period cashflow statement, to unlock cashflows for corporate growth, and have a fuller appreciation of where cashflows are heading, and finally

h) Trend cashflow statement analysis
Applying a 5-step approach to analyse trend cashflow statements to assess the company’s cashflow sustainability.

Training Methodology

Lecture style with class participation (Q&A) and class exercises

Closing Date for Registration

1 week before programme or until full enrolment.

Intended For

Newly appointed Finance Leaders/CFOs/CEOs
Finance Leaders who want to widen their scope of knowledge and skill sets
CFO/CEO-aspirants
Heads of Finance Department
Finance Managers
Finance Leaders who want to fill knowledge and skill gaps.
Relationship Managers (banks) who need to interface with CFO/CEOs 8) Financial consultants

Schedule & Fees

Testimonial

Funding

1] NTUC Union Training Assistance Programme (UTAP)
UTAP (Union Training Assistance Programme) is an individual skills upgrading account for NTUC members.

NTUC members enjoy 50% *unfunded course fee support for up to $250 each year when you sign up for courses supported under UTAP. NTUC members aged 40 and above can enjoy higher funding support up to $500 per individual each year, capped at 50% of unfunded course fees, for courses attended between 01 April 2024 and 31 March 2025. *This excludes miscellaneous fees such as GST and registration fee etc.

This course is approved for UTAP support for intakes conducted between 01 April 2024 – 31 March 2025.

As UTAP is given on calendar year basis, and calculated based on year of training taken, it cannot be accumulated.

Maintained paid-up NTUC membership before course, throughout course duration and at the point of claim and;
Course by training provider must be supported under UTAP and training must commence within the supported period and;
Unfunded course fee must not be fully sponsored by company or other types of funding
Unfunded course fee must be S$20.00 and above, and;
Member must achieve a minimum of 75% attendance for each application and sat for all prescribed examination(s), if any and;
UTAP application must be made within 6 months after course ends.

To submit for UTAP claims, please visit http://skillsupgrade.ntuc.org.sg/. Terms and conditions apply.
Should you have queries on the funding scheme, you can email to UTAP@e2i.com.sg or call NTUC Membership Hotline at 6213-8008

Programme Facilitator(s)