– Cash Management – Learning Objectives

Cash is a company’s most important liquid asset and controlling and managing cash is one of the most important areas a company should focus on.

It is very important that it is properly controlled, managed and available for the company to fulfill its obligations.

Effective cash management ensures the timely provision of cash resources needed to support business operations.

Controls are designed for cash management to optimize enterprise-wide liquidity and ensure that cash is accounted for, safeguarded and reported correctly.