How to Prepare a Multi-Currency Cash Forecast and Measures

Cash is king--and it is the heartbeat of your business. Getting your cash forecast right is critical to ensuring the survival of your organization’s business.

In this course, we will discuss cash forecasting, including the benefits of a high quality multi-currency forecast, usefulness of the cash forecast, primary building blocks of preparing a cash forecast, and measures that can be put in place to manage and monitor cash forecast accuracy.

We’ll cover:

• How cash forecasting can lead to fund optimization, as well as ensure sufficient liquidity to meet liabilities

• How to prepare a cash forecast, and the time horizons used for the cash forecast

• Examples of recording a variety of transactions into a cash forecast template.

• Various measures for forecast accuracy and steps to monitor the accuracy on a regular basis

This course is brought to you by Illumeo. Illumeo, incorporated in 2009, is revolutionizing the hide-bound world of corporate learning. Illumeo works with corporate professionals and organizations of all sizes to build the skills and capabilities that help everyone be an expert at their job. Based in Silicon Valley, CA, Illumeo serves thousands of corporations and corporate professionals across Finance, Accounting, Human Resources, Sales and Marketing. The platform offers assessments, industry-benchmarked competency analyses, hundreds of expert-developed courses, collaborative tools, and the ability for companies to self-publish internal courses that promote institutional knowledge retention and dissemination. Illumeo is the place for expertise management and we are dedicated to the proposition that everyone can be an expert at their job.