On Demand – Managing Cash Flow

Managing Cash Flow

Managing Cash Flow

Speaker: Darren Whelan

Length: 45 Minutes

Published September 24, 2022

Last Updated on May 2, 2023

Who is this training for?

This on demand workshop is for Solicitors, Lawyers, Accountants, Compliance Officers, COFA’s, Legal Accounts Professionals, Legal Cashiers, Credit Controllers and anyone that has any involvement in working in legal finance and compliance.

Purpose of this training?

Cash is the lifeblood of any business. A business needs to generate enough cash from its activities so that it can meet its daily expenses, pay salaries and to have enough left over to repay investors and grow the business. Even a profitable business can run out of cash and a shortage of cash or liquid assets means you can’t pay bills. While a business can fudge its earnings, its cash flow provides an idea about its real health.

You need an accurate picture of your businesses future financial liquidity and obligations at all times so you can make sound business decisions. How much cash is coming in and when? Are clients paying their invoices as quickly as you expected? How much money do you need on hand to pay your employees and suppliers?

This on demand workshop will walk you through the process of accurately predicting your most vital figures. You’ll learn more about liquidity and what affects it and find ratios that are right for your business.


  • Understand liquidity and the drags and pulls that affect it
  • Learn about the working capital cycle and its impact on cash flow
  • Identify the liquidity ratios that are right for your business
  • See how a 13-week cash flow forecast can help you make better decisions
  • Stress testing
  • Collection and conservation of cash

Further Information

Accounts & Finance Practice Notes (Subscriber only resource)

Compli-Q – Compliance FAQs (Subscriber only resource)

Lock-Up Calculator (Subscriber only resource)

Debtor Days Calculator (Subscriber only resource)



Practice notes and training sessions represent the Association of Legal Compliance & Accounts’ view of good practice in a particular area. They are not intended to be the only standard of good practice that firms can follow.

Practice notes and training sessions are not legal advice, and do not necessarily provide a defence to complaints of misconduct or poor service. While we have taken care to ensure that they are accurate, up to date and useful, we will not accept any legal liability in relation to them.

Frequently Asked Questions

It’s really simple:

  • Reduced cost
  • Can be watched anywhere, anytime on any device – no travel time or cost
  • Shorter and more efficient than face-to-face
  • Recorded and can be replayed at your leisure

Online – the Cons

On Demand is not for everyone one. People learn differently and watching a pre-recorded training video can feel very lonely and isolated. It requires strong, self-motivation and time management skills. There is no opportunity to ask a question and receive an answer straight away as you would with an online or a face-to-face workshop.

You can pose your question HERE or pose the question via the LiveChat widget.

No. In order to watch them, you must watch them whilst logged into the website.

September 24, 2022Last Updated on June 6, 2024

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