Cash is crucial for a company to survive or for a project to cintinue. As a key indicator of corporate health, the amount of cash inflows and outflows must be carefully managed. An effective tool to manage inflows and outflows is budgeting. Budgeting is a tool for allocating financial resources and controlling their use. Hence, budgeting and cash flow are amongst the most important aspects of financial management.

After attending the two ‐ day course, the participants are expected to: 1.Understand the importance of managing cash flow effectively to ensure continued financial health. 2.Learn effective techniques for efficient working capital management. 3.Learn how to design business plans (budgets) by improving the liquidity and solvency (by managing well cash) 4.Understand how to build and manage a realistic budget in line with the strategic plan. 5. Learn the relevant tools and techniques for making business decisions and to improve financial performance

The course materials have been designed to make the workshop enjoyableand effective including to non ‐ financial people by using an interactive learning approach, i.e. case studies. At the end of the course, participants will gained clear understanding on how to construct and manage budget and cash flows effectively. The course is conducted to help participants acquire the required knowledge and skills in the area of budgeting, cost control and cashflow management to enhance their decisionmaking abilities. The workshop provides the skills needed to efficiently and effectively use available resources, particularly on how to improve their cash flows.

The course materials have been designed to make the workshop enjoyableand effective including to non ‐ financial people by using an interactive learning approach, i.e. case studies. At the end of the course, participants will gained clear understanding on how to construct and manage budget and cash flows effectively. The course is conducted to help participants acquire the required knowledge and skills in the area of budgeting, cost control and cashflow management to enhance their decisionmaking abilities. The workshop provides the skills needed to efficiently and effectively use available resources, particularly on how to improve their cash flows.

Budgeting and Management Control The Challenges of Managing Budgets Budgeting, Innovation & Learning The Cash Flow Cycle Preparing Cash Flow Budget Cash Flow Statement Analysis

1.Prepare operating and financial budget, including cash flow budget. 2.Explain the principles that underlie the use of budgets in control 3.Discuss the broader managerial issues arising from the use of budgets in innovation and learning 4.Perform cash flow statement analysis and interprets the financial and operating performance in terms of liquidity, solvency, profitability, financing and investing. 5.Evaluate risks and other factors to be considered to manage effectively working capital, especially cash. 6.Apply tools and techniques for a solid analysis to make business decisions. 7.Improve financial performance.

Managers – General, Sales, Marketing, Production, Operations, IT, Purchasing, Customer Service; Head of Units in not ‐ for ‐ profit or government sectors; those who do nothave prior accounting background or experience, but need to be equipped with basic accounting knowledge and be able to apply relevant accounting techniques when making business decisions.

He is a degree holder in B.Acct. (Hons) from (Universiti Utara Malaysia), M.Sc. (Internal Auditing and Management) (UK), Diploma of Accountancy (POLIMAS), A.M. (M), AIIA, is a senior lecturer in financial accounting and auditing at College of Business, University Utara Malaysia. He has carried out consultation works on financial operating procedures for company and cooperative; and published paper in overseas journal. He also involved in the curriculum development of accounting program at the university. His research interest is extensively in the areas of internal auditing, financial accounting and reporting, risk management, corporate governance and accounting information system

She is a degree holder in BA (Hons) Accountacy Studies (University of Portsmouth, UK), MSc Information Technology (USM) is an accounting lecturer in the College of Business, University Utara Malaysia. Before joining UUM, she was an executive in one of the leading bank in Malaysia On top of lecturing various accounting subjects, especially accounting information system and management accounting, she has also involved in consultation works on financial operating procedures for company and cooperative. Her research interests are in the area of accounting information system, HALAL issues and E-Government.