By the end of this session you should be able to:

  • discuss policies for the management of trade receivables and trade payables balances
  • evaluate the impact of different trade receivable and payable policies
  • discuss the objectives and costs of inventory management
  • evaluate the impacts of alternative policies for inventory
  • calculate EOQ
  • prepare and analyse short term cash flow forecasts
  • identify measures to improve a cash forecast situation
  • compare and contrast the use and limitations of cash management models and identify when each model is most appropriate

and answer questions relating to these areas.