Working Capital Management Simulation
November 10 and 12, 2020
1:00-2:30 PM ET
CREDITS: 3.6 FP&A | 3.6 CTP | 3.6 CPE
CPE Field of Study: Finance
Member: $295 | Non-member: $395
Description & Learning Objectives
AFP is excited to put forth a guided Working Capital Management simulation. Course attendees will compete in a case study based simulation (first session) and will take part in a debrief of the simulation (second session). The debrief will be used to illustrate the working capital management topics used in the course. The case especially calls on the free cash flow implications of business decisions that impact the cash conversion cycle. The case will put attendees in the shoes of a decision-maker tasked with solving problems such as whether or not to extend payment terms to keep a client or losing the client’s business, deciding whether or not to liquidate slow-selling SKU’s, and many more.
At the end of the course participants will be able to:
- Learn how the financing structure of a business needs to align with and enable the operational strategy.
- Work through an example of how income and cash flow differ, and how maximizing one may be to detriment of the other.
- Learn how negotiating terms of working capital with a customer may be more advantageous than income.
- Learn to calculate the components of the cash conversion cycle.
About the Instructor
BRYAN LAPIDUS, FP&A
Bryan Lapidus has more than 20 years of experience in the corporate FP&A and treasury space working at organizations like American Express, Fannie Mae and private equity-owned companies. At AFP he is the staff subject matter expert on FP&A, which includes designing content to meet the needs of the profession and helping keep members current on developing topics. Bryan also manages the FP&A Advisory Council that acts as a voice to align AFP with the needs of the profession.