Seminar on cash flow management | Sunday Observer

Seminar on cash flow management

Finance and Banking industry experts will meet to discuss strategies to manage cash flow in challenging times, at a seminar organised by Acclivity Training on Monday, July 22 from 2-5 p.m. at the CIMA auditorium in Colombo.

Chief Financial Officer, Commercial Bank, Nandika Buddhipala will deliver the keynote address. Managing Partner, BDO Partners, Sujeewa Rajapakse, Senior Deputy General Manager, Sampath Bank, Tharaka Ranwala, Director Finance, Singer Sri Lanka, Lalith Yatiwella, Senior General Manager, Group Risk and Control Brandix Apparel, Suranga Indunil will be the panellists with Chartered Accountant Harsha Gunasena moderating the session.

The session will cover the indicators used for analysing the health of a business and ways to improve cash flow, including forecasting, and improved management of working capital. Sources of external finance and improving access to such finance will be discussed. Also on the seminar’s agenda are risk management strategies that are of particular importance in challenging times.

A spokesperson of Acclivity Training said that there are many measures a business can adopt to manage and even grow in tough times. Frequent analysis of the financial position of a business, revisiting plans and implementation of sound risk management strategies are essential as is stringent management of cash flow.