Cash flow management is always a hot topic in every business, especially in times of recession and instability as currently experienced in the Vietnamese economy. The coordination between CEO and CFO (Chief Executive Officer and Chief Financial Officer) is a crucial factor that can determine the success or failure of business strategies. The common flaw of many small and medium-sized enterprises is the lack of people who can manage cashflow effectively. Many times, cashflow management is done by CEOs who have strengths in operations and market development but lack deep financial expertise and patience. The results are wasting of resources, bringing the risk of the business running out of cash despite holding many valuable assets.

With our associated experts, Russell Bedford KTC brings you this workshop to share practical insight and experiences in cashflow management and forecasting. Workshop overview:

1. Why do we need Cashflow Planning?

2. Overview of cashflow management and criteria to evaluate the effectiveness.

3. Practical steps for Cashflow Budgeting (direct method):

• Budgeting for account receivables: Receivables from customers, other receivables.
• Budgeting for payables: Payables to suppliers, staff salaries, operating costs, etc.
• Budgeting for Investment (Capex).
• Planning for Bank Loan/Repayment and Interest expense.
• Budgeting for other expenses
• Reconciling Incomes/Expenses on the Cashflow Budgeting Report.

4. Practical examples on hypothetical data.

5. Sharing practical experiences and Q&A.

TIME SCHEDULE

• Location: Online via Zoom
• Time: 8:30 – 16:30. Saturday, 07 December, 2024
• Expert Trainer: Mr. Le Anh Thuy (FCCA, CPA), CFO of Far East Foam in Vietnam.
• Language: Vietnamese

(After registration, the participation link will be emailed to the registrants on 06 December, 2024). 

Registration link:

Admission Fee:
FREE ADMISSION FOR KTC’S CLIENTS
Normal fee: 2,000,000 VND (VAT included)|
(KTC’s client will get 1 free admission and 30% off for registration of the 2nd guest or more)

TRAINER BACKGROUND

Mr. Le Anh Thuy has more than 20 years of experience in the field of Finance and Accounting. He has held many important positions such as Chief Accountant and Chief Financial Officer in many types of businesses of multinational companies. He started his career as a Cost Accountant at Nghi Son Cement Company and spent 8 years as Chief Accountant at Vietnam Float Glass Company (VFG). He is currently the Chief Financial Officer for the Vietnam Branch of an American electronic components manufacturing corporation. He is also a senior member of the Association of Chartered Certified Accountants (FCCA), holds a Vietnamese CPA certificate and has attended many training courses in Vietnam and internationally on Management and Optimization of operational efficiency.