WHAT'S NEW?

FINANCIAL MARKET COURSES

Cash Management

It is essential to the profitability of a business that it manages its cash efficiently and cost-effectively. This course explains the process of cash collection and disbursement and shows how a firm can determine the cash balance that will minimize opportunity costs and trading costs. The use of money market instruments in cash management is also explored.

  • OBJECTIVES

    On completion of this course, you will be able to:

    Define 'cash' and explain why firms hold cash

    Describe the mechanisms firms use to disburse and collect cash

    Calculate the target cash balance

    List the major money market instruments and their features

  • COURSE OUTLINE

    Topic 1: Cash Collection and Disbursement

    Collection Process

    Disbursement Process

    Topic 2: Cash Management

    Transactions

    Compensating Balances

    Topic 3: Determining the Adequate Cash Balance

    Baumol Model

    Miller-Orr Model

    Topic 4: Cash Management and the Money Market

    Treasury Bills

    Certificates of Deposit (CDs)

    Commercial Paper (CP)

    Repurchase Agreements (Repos)

    Money Market Funds

  • PREREQUISITE KNOWLEDGE

  • ESTIMATED COMPLETED TIME

    75 Minutes

Next Course

VIEW COURSE

INTRODUCTORY

Support

Accreditations

General: info@intuition.com

Accounts: ar@intuition.com

http://support.intuition.com

Intuition engages with over 30 accreditation bodies to ensure Know-How can be used for CPE credits. If your organization needs CPE from a body not listed below, contact us and we will endeavour to have them included.

© Copyright 2016 by Intuition. All Rights Reserved.