Balance Sheet and Liquidity Management

The firm’s Balance Sheet and managing its capital are key areas under the Treasurer’s ambit. Managing capital structure and access to funding in difficult market conditions remains a key challenge to the CEO, CFO and Treasurer.

In addition, the efficient management of the Supply Chain and the various components that fund each stage of it, especially Working Capital and Supply-chain financing, has become a critical aspect of managing global corporations. These important and exciting areas are covered in this section, as are emerging areas of opportunity and focus.

  1. Balance Sheet and Ratios
    • Overview of Balance sheet and key touch points
    • Key Financial Ratios and aspects that could change them
    • Case Study: Moving from a surplus organization to a borrowing one
  2. Working Capital
    • Introduction to Working Capital and Importance
    • Calculation and Management of Working Capital
    • Cash Conversion Cycle
    • Procure to Payment cycle
    • DPO
    • Order to Cash Cycle
    • DSO
    • Impact of CCC on Financials
    • Ratios
    • Organizational Challenges
  3. Managing Operating Cash
    • Principles behind Operating Cash
    • Investing Operating Cash
    • Key decision points and drivers
  4. Capital Markets and Cost of Capital
    • Various aspects of capital markets
    • Modes of raising capital
    • Key elements of measuring Cost of Capital
    • Determinants of the right elements and mix of Capital Structure
    • Funding in tough times
    • Case Study: Capital Structure and Funding in difficult times
  5. Private Equity and newer forms of financing
    • Private Equity and its emergence as a strong market in itself
    • Other financing sources like Mezzanine capital etc
  6. Credit ratings and bank credit assessment
    • How Debt ratings and agencies work
    • Key items on Debt rating agency radars
    • Bank credit assessment process
    • Important focus areas and discussion points with banks during credit review
  7. Surplus cash and Investment Management
    • Investment principles
    • Principal Protection
    • Tenors and Liquidity of Markets
    • Liquidity aspects of Investments
    • Credit and Counterparty Risk
  8. Financing the Supply Chain
    • Supplier-side financing
    • Customer-side financing
    • Receivables management
    • Credit Risk and Factoring
    • Re-invoicing as a concept