McGraw-Hill 36 Hour Cash Management Course - Hardcover

Improving cash positions and finding ways to make cash work harder - for healthy and troubled businesses alike - is the name of the game in the 1990s. Financial managers, small business managers, accountants and managers in retail-oriented financial institutions can learn to master all aspects of cash management in this intensive 36-hour course. Beginning with an introduction to cash flow, the book covers paper payment systems; electronic payment systems; effective communications systems for interfacing with financial partners (including Electronic Data Interchange); understanding and analyzing bank balances; handling accounts payable and receivable; credit and collections; financial forecasting; and discussion of international issues, such as multiple currency issues and foreign exchange risks and strategies, to better equip readers for dealing with the international marketplace. Special features of this book include: techniques for improving cash positions and advice on how to make cash work harder; step-by-step plans for quick mastery of cash management; a study plan that maps out completion strategy; sets of problems that illustrate applications, and test comprehension; a final examination that test cumulative knowledge of the course material, which can be submitted and redeemed for a Certificate of Achievement in cash management; and suggestions for dealing with cash excess or shortfalls, such as short-term investment and borrowing strategies.