By Keith Checkley
Quickly music path to strategic funds stream managementCovers the major parts of money circulate, from constructing a powerful realizing of money movement in the enterprise cycle and the origins of money circulation research to maximising funds stream efficiencies and money circulation returns on capital investmentsExamples and classes from a number of the world's so much winning companies, together with Dell company, and concepts from the neatest thinkers, together with DuPont, Philip Kotler, Igor Ansoff, Gahlon and Vigeland and Dropkin and HaydenIncludes a thesaurus of key options and a complete assets advisor
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Extra resources for Strategic Cash Flow Management (Express Exec)
Example text
As regards cash flow information, the e-dimension allows the following two checks to be made. 1 Comparing your organization’s performance with the competition: Easy access to your competitors’ annual reports gives you the opportunity to compare their strategy and cash flows with yours. And, if you use the consistent model detailed in Chapter 10 to do the analysis, you can in this way produce a very useful cash flow comparison industry average by adding the results together and creating the average.
Short-term is not defined, but the standard suggests a cut-off of three months’ maturity (on acquisition by the company). Bank overdrafts repayable on demand are dealt with as cash and cash equivalents, where they form an integral part of the company’s cash management. on demand, less overdrafts from such institutions repayable on demand. There is no concept of cash equivalents. Items that would fall into that category in the US or under IAS would probably be regarded as liquid resources in the UK.
It covers: » the reporting of cash flows under UK, IAS, and US standards; and » the similarities and differences, rather than the validity or otherwise, of each standard. 34 STRATEGIC CASH FLOW MANAGEMENT As we all are becoming aware, doing business globally is not as easy as we might think – the modus operandi of Europeans, Americans, and Asians is very different in terms of both cultural issues and business practices. Furthermore, the management of cash flow within the global context is subject to variances also.