CASH MANAGEMENT AND ACCOUNTS PAYABLE & RECEIVABLE

9^th-11^th February, 2026                                                                                                      6^th-8^th April, 2026

8th-10th July,, 2026                                                                                                   2nd-4th November, 2026

Introduction

Effective cash management is an essential part of a successful business plan. This means forecasting the flows of money in and out of your business and accordingly. Cash management is therefore, the monitoring and maintaining of cash flow to ensure that a business has enough funds to function. Investments, bill payments, and unexpected liabilities can affect a business’ inflows and outflows, and in turn their cash management.
 
The aim of cash management is to ensure that the entity has enough cash to meet all obligations. Cash management for businesses involves optimizing cash and other liquid assets, investing in the right channels and minimizing operational and overhead costs. The big three of cash management are inventory, accounts payable and accounts receivable.
AP or accounts payable management involves managing money that a business owes to vendors, suppliers, and other creditors for services or goods rendered. AR, or accounts receivable management, is the opposite. This involves managing the money a business is owed by customers for services or goods rendered.
 
This three days workshop will walk the participants through the nitty-gritty of managing cash , accounts payable and receivable.

Course Contents

 Module One: The Accounting Environment

· Accounting Terminology

· Accounting and Financial information

· Sources of Finance

· Financial Position

 Module Two: Cash Management

· Reasons for Holding Cash

· Cash Handling and Security

· Cash Administration

Module Three: Working Capital and Cash Management

· Working Capital Requirement

· Managing Working Capital

· Cash Improvement Techniques

· Bank Facility (Line of credit)

Module Four: Accounts Receivable and Payable Systems

· Invoice Registration and Matching

· Acquisition/Payment and Receivable process

· Purchase order processing (POP)

· AP and AR links with the General Ledger (GL)

Module Five: Cash Budgeting and Forecasting

· Forecasting tools and Techniques

· Cash Budgeting Process

· Cash Control

 Module Six: Internal Control in Accounts Receivable and Payable

· Internal; Control in Accounting

· Internal Control

· Analysis Tools to Manage Risk

Duration: Three (3) days                                                                                                  Fee: N250,000

For Whom:

Accountants, Auditors, Finance Managers, Accounts Payable Managers, Sales and Marketing Managers, Treasurers and others
who perform related functions.

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