The McGraw-Hill 36-Hour Cash Management Course - Hardcover

Improving cash positions and finding ways to make cash work harder is the name of the game for all businesses operating in the debt-laden '90s. If you're a financial manager, small business owner, or accountant who could use a crash course in the soundest, most up-to-date techniques of good cash management, look no further. All the knowledge, skills, and hands-on expertise you'll need to steer your company successfully through the shoals of today's cash-dominated business environment can be found here - in a conveniently self-paced home-study course that you can complete in just 36 hours!
Using the proven step-by-step, ready-to-apply format that has made McGraw-Hill's 36-Hour Series so popular with thousands of business professionals, this book offers the same intensive study and review materials that you would normally find only in an expensive and time-consuming school or college course. Each information-packed chapter contains learning objectives, key terms and concepts, common questions with easy-to-understand, nontechnical answers, and a variety of case studies that show how the principles of good cash management are applied in actual companies. By the time you've completed the course, you'll have a sophisticated understanding of such subjects as the timing and value of cash flows; the costs and benefits of paper and electronic payments; bank balances, bank account analysis, and what constitutes efficient bank compensation; collection systems, and which ones will work best for your company; payables and disbursement systems - with advice on how to decide when to pay, and tips on using zero-balance accounts; unsecured short-term borrowing arrangements versus secured short-term borrowing arrangements, and how to assess the costs of each; strategies for the management of accounts receivable; and how to forecast daily cash requirements from historical patterns.
Among the unique learning enhancements you'll find in this book are self-tests within each chapter to ensure your comprehension every step of the way, and a suggested Study Plan that maps out the most efficient strategy for taking the course. When you've completed it, you'll be ready for the Final Exam. Send in your answers. If you get 70 percent or more correct, you'll receive a Certificate of Achievement - proof that you've mastered the cash management skills you need to conduct business successfully in the '90s!