Master Cash Flow, Treasury & Capital Decisions

CFO-level cash management training. From the 13-week rolling forecast and cash conversion cycle through debt covenants, CapEx analysis, and working capital optimization. Built for CMA candidates, controllers, and corporate finance professionals.

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Theory topics

1,200

Exercises

Difficulty levels

Cash Management & Treasury — Core Concepts

Ten topics covering the full treasury function from daily cash positioning to CapEx decisions. Click any card to expand.

Cash is king. A company can be profitable on paper but still fail if it runs out of cash. Cash management is the CFO's daily responsibility: ensuring the business always has enough liquidity to meet its obligations while minimizing idle cash.

The CFO's Cash Mandate

Ensure liquidity at all times
Minimize cost of capital
Optimize working capital
Manage debt covenants
Forecast cash needs 13+ weeks ahead
Maximize return on idle cash

Liquidity vs Profitability

These two goals often conflict. Holding more cash improves liquidity but reduces profitability (cash earns less than invested assets). The CFO must balance both.

Key principle: A solvent but illiquid company will fail before an unprofitable but liquid one.

Ready to practise CFO-level treasury?

Switch to Practice Exercises and generate realistic corporate scenarios at 4 difficulty levels.

Practice Exercises