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Mastering Cash Flow Forecasting
Cash Flow Forecasting
and
users of Financial Statements
1 / 15
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Slide 1:
Slide
Tourism
Foundation Degree
This lesson contains
15 slides
, with
interactive quiz
,
text slides
and
1 video
.
Lesson duration is:
60 min
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Items in this lesson
Cash Flow Forecasting
and
users of Financial Statements
Slide 1 - Slide
Learning Objective
Be able to describe the users of financial statements.
Understand the importance of cash flow forecasting and learn how to create a basic cash flow forecast.
Slide 2 - Slide
Name one user of financial statements
Slide 3 - Mind map
Slide 4 - Slide
External or Internal users?
Slide 5 - Slide
Activity
Choose two internal and two external users and take notes on why they would need financial information.
Slide 6 - Slide
What is Cash Flow Forecasting?
Cash flow forecasting is the process of estimating the timing and amount of cash inflows and outflows over a specific period.
Slide 7 - Slide
Importance of Cash Flow Forecasting
Cash flow forecasting helps businesses anticipate potential cash
shortages or surpluses,
allowing for better financial planning and decision-making.
Slide 8 - Slide
Components of Cash Flow Forecast
A cash flow forecast typically includes projected sales, expenses, and timing of payments and receipts.
Slide 9 - Slide
Creating a Cash Flow Forecast
Step 1: Start with opening cash balance.
Step 2: Add cash inflows.
Step 3: Subtract cash outflows.
Step 4: Calculate closing cash balance.
Slide 10 - Slide
Slide 11 - Video
Activity 1
Students will discuss a cash flow forecast and solutions together as a group.
Slide 12 - Slide
Activity 2
Construct a cash flow forecast individually - paper based.
Slide 13 - Slide
Excel sheet / Formulae
Needed for the following:
Total receipts
Total payments
Net cash flow
Slide 14 - Slide
This afternoon
Workshop:
Complete another cash budget - Jan 2015 practice paper
Slide 15 - Slide