Hosted by
Carl Seidman CPA | Microsoft MVP
The person Fortune 500s use for their financial leadership development programs
Cash Flow Forecasting and Liquidity Modeling
4.9 (69 Ratings) · 3-Day · Cohort-based Course
- Learn the step-by-step approach to weekly cash flow modeling, helping healthy companies grow and getting troubled companies back on track
Partial List of Current & Former Clients
Course Overview
Nothing's more vital than knowing where cash is coming from & where it's going.
It’s vital to understand the finances of your business, the causes of cash bleeding, and remedies for improving working capital.
In this program — the highest-rated corporate finance course on Maven — attendees will discover the various causes of cash flow constraints and how to address them, learn the step-by-step process for building a direct approach 13-week cash flow forecast model, and integrate it with a longer-term financial forecast.
This program is geared toward professionals in corporate finance, private equity (PE), financial planning & analysis (FP&A), turnaround and restructuring, and distressed investing.
- They didn't teach this in your MBA
- They don't teach this at your company
- They aren't teaching it in public training
Don’t wait for cash flow challenges to arise. The time to learn how to manage them is now.
Seidman Financial is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.
Seidman Financial is a division of Seidman Global LLC.
DECEMBER 2024 COHORT:
- 2 Sessions, 4.5 hours each
- Monday starting December 9th thru December 16th , 9 am - 1:30 pm CDT
- Total Live Commitment: 9.0 hours
- Total CPE: 9.0 credits
Who Is This Course For
What You’ll Get Out of This Course
-
Build a robust 13-week cash flow forecast line-by-line and step-by-step that can be implemented immediately for your company or clients.
» Build a short-term cash flow forecast from the ground up, diving into sales, collections, costs, payments.
» Understand the nuances of operating expenses and expenditures, accrued expenses, payroll, capex, financing, and all balance sheet roll-forwards. -
Guide a real-life company through a turnaround, restructuring, and refinancing
» Dive into the mechanics of model-building and understand operating drivers behind distress and revitalization.
» Determine what's causing cash bleeding, prioritize and offer promising courses of action.
» Challenge yourself with live modeling exercises, flexing business scenarios. -
Connect the cash flow forecast models to underlying financial data that can be rolled forward and updated with back-end systems
» Establish formulaic integration with underlying financial data
» Build supporting schedules that connect raw accounting and financial data with the dynamic model.
» Establish recurring processes for efficient cash flow updating, forecasting and reforecasting. -
Discover different ways entrepreneurs, portfolio company CFOs, FP&A professionals, management consultants, and business owners manage cash.
» Learn what effective cash management and presentation means for various stakeholders, recognizing that not every user of cash flow models sees them the same way as others.
» Identify and transparently communicate to stakeholders cash flow assumptions that are strongest and weakest. -
Master liquidity management for companies in distress and working capital management for companies in a phase of growth
» Understand what liquidity and cash flow management look like for distressed companies.
» Know the warning signs and remedies for strained cash flow.
» Contrast managing cash in distress with optimizing working capital in normal and growing companies. -
Adopt best practices and formula techniques for integrating a short-term cash flow forecast into a longer term cash flow model.
» Understand how to aggregate weekly activity into monthly and quarterly financials.
» Discover best practices for coding and classifying dates and line-items so they seamlessly and automatically drive integrated business models. -
Ongoing access to the expert who leading management consulting and turnaround/restructuring firms hire to teach their consultants.
» Carl Seidman is the FP&A and turnaround expert that dozens of companies and firms use for their hands-on professional development.
» His forecast models, templates, and processes are used by FP&A teams, Fractional CFOs, FP&A consultants, and turnaround/restructuring firms.
This Course Includes
- 2 interactive live sessions
- 35 In-depth lessons
- 2 Projects to apply learnings
- Private community of peers
- Lifetime access to course materials
- Direct access to instructor
- Guided feedback & reflection
- Course certificate upon completion
Course Syllabus
Week 1: Dec 9—Dec 16
DEC
9
✨ Session 1: Cash Flow Forecasting and Modeling ✨
Mon 12/9 7:00 AM—11:30 AM (PST)
DEC
16
✨ Session 2: Cash Flow Forecasting and Modeling ✨
Mon 12/6 7:00 AM—11:30 AM (PST)
Post-Course
📄 Complete the course feedback survey
📄 Book a Call / Interact in The Finance Circle
📄 Articles, Blogs, and White Papers
- Comparing and contrasting direct and indirect cash flows
- Discovering connections across the financial statements
- Understanding financial modeling best practices
- Analyzing the difference between accrual and cash timing
- Aligning cash flow strategies with business goals
📄 Course File Review (Complete by Dec 8)
📄 Direct vs. Indirect Cash Flows (Complete by Dec 8)
📄 Cash Flow Modeling Best Practices | Structure (Complete by Dec 9)
📄 Cash Flow Modeling Best Practices | Contents and Formulas (Complete by Dec 9)
📄 Cash Flow Modeling Best Practices | Quality Review and Presentation (Complete by Dec 9)
📄 Structuring the Cash Flow Forecast Model (Complete by Dec 9)
📄 Getting the Timing Right: Accrual vs. Cash (Complete by Dec 9)
📄 How the Financial Statements Connect and Relate (Complete by Dec 9)
📄 Introduction to the Business Case (Complete by Dec 9)
- Identifying key documents and reports to source the cash flow forecast
- Reviewing nuances likely to be encountered from company to company
- Comparing and contrasting different financial statement appearances
- Yearly, monthly, and weekly anomalies likely to be encountered
- Navigating data collection challenges in the business
- Building a sustainable cash flow management system
📄 Sourcing information from reports, statements and data
- Reviewing the sales forecast for reasonableness, seasonality, conservatism, and speculation
- Understanding collection terms and methods for acceleration
- Identifying business dynamics likely to impact sales and collections
- Industry-specific cash flow forecasting techniques
- Cash flow solutions for smaller and midsized businesses
📄 Modeling Sales and Cash Collections (Complete by Dec 9)
✍️ Build Your Own Sales and Collections Forecast (Submit by Dec 9)
- Modeling cash outflows for inventory purchases
- Modeling cash outflows for payment of accounts payable and accrued expenses
- Modeling cash outflows for prepaid expenses or upfront deposits
- Modeling payroll, benefits, payroll taxes, and layoffs
📄 Modeling Payroll, Benefits, Payroll Taxes, and Layoffs
📄 Modeling Direct Costs and Payments
📄 Modeling Inventory Categories
📄 Advanced Inventory Modeling (Raw Material | Work in Progress | Finished Goods)
📄 Modeling Direct Costs and Accounts Payable (A/P)
📄 Modeling Prepaid and Accrued Expenses
- Modeling long-term debt and equity infusions
- Developing a fixed asset register and capex schedule
- Modeling the nuances of depreciation expense
- Forecasting fees expense for recurring and non-recurring professionals
📄 Modeling Indirect Operating Expenses
📄 Modeling Debt and Equity
📄 Modeling Capex / Fixed Assets
📄 Modeling Professional Fees
- Analyzing cash flows for future surpluses and deficits
- Calculating the borrowing base and forecasting borrowing availability
- Modeling short-term debt, the revolving line or credit, and borrowing capacity
- Completing and analyzing the cash flow forecast model
📄 Modeling Financing Strategy with Excess Cash and Cash Flow Surpluses
📄 Modeling Financing Strategy with Cash Constraints and Cash Flow Deficits
📄 Modeling the Borrowing Base and Available Collateral for Short-Debt Financing
📄 Modeling the Revolving Line of Credit (LOC), Cash Needs, and Borrowing Base
📄 The Completed Cash Flow Model
- Presenting operating improvements and financial restructuring
- Suggesting options for business reorganization and revitalization
- Reconciling profitability with liquidity
- Integrating a 13-week cash flow forecast with a long-term financial model
📄 Modeling Operating Improvements and Changes to Working Capital
📄 Reorganizing and Revitalizing the Business
📄 Reconciling Profitability to Cash (EBITDA-to-Cash Bridge)
📄 Integrations and Nuances in the Timing of Cash Flows
📄 13-Week Cash Flows, DIP Budgets, and Bankruptcy
✍️ Build Your 13-Week Cash Flow Model for Your Company or Client (Submit by Oct 18)
Bonus
📄 BONUS: Enroll in The FP&A Professional in Today’s Environment
What Students Are Saying
I found the course to be quite beneficial. Mr. Seidman taught the art of modeling, he explained the practical applications of the model, and he added color and perspective which provided valuable insight into the domain of cash flow management. The peers in my cohort have proved to be contacts with whom I will remain in touch. I highly recommend this course!
James
Founder, Paradigm Shift Capital, LLC
This is a great course for anyone that is looking to learn the foundational components of cash flow forecasting. The course will not provide you with opportunities to develop a conceptual understanding of the material but also provides real world context to apply the concepts to. I would highly recommend this course
Bryan
Financial Analyst, Private College
I enjoyed the hands-on approach and detail in this course. I thought it was informative and useful for any CFO or FP&A.
Sandy
CPA, CFO, LS CFO Advisors (Lefstein-Suchoff CPA & Associates, LLC
This course was very insightful and provided real world examples that I could relate to as a business owner.
Ricky Zinn
CEO, Zinntex LLC
Carl is passionate and has a knack for coaching. This course provides solid structure and understanding for not only cash flow modeling but also the 3 financial statements.
Ryan
Senior Staff Accountant, PTS Corp
Carl has effectively distilled a 13-week cash flow model into discrete building blocks. His instruction is succinct, clear and collaborative -- I enjoyed hearing viewpoints from other financial professionals in diverse industries. I was able to immediate apply his principles into an existing model I have been using, adding greater precision and best-practice Excel modeling.
Neil
CFO, Easton Companies
"This course gives you the knowledge required to make your cashflow more practical and add a bit of sophistication to your own model. This does not mean making it more complex; it means having the ability to navigate and tests various scenarios. Thanks Carl. Well presented!"
-- Marian, Treasury Accountant St. Lucia Electricity Services Ltd
Meet Carl, Your Instructor and Guide
Carl Seidman CPA | Microsoft MVP
Principal, Seidman Financial | Microsoft MVP
Carl serves as a Fractional CFO, FP&A advisor, and management consultant to entrepreneurial businesses throughout North America and Europe and assists them with strategic financial planning, value enhancement, and revitalization.
He is a Microsoft MVP and one of the preeminent trainers and facilitators in strategic finance and FP&A, with more than 13,000 participants attending his financial training programs, seminars, workshops, and masterminds. Notable clients include:
ABM Industries, Accordion, AlixPartners, Allscripts, Broadridge, CHEP, Choice Hotels, CIBC, Cigna, Cox Enterprises, Crawford & Company, Deloitte, Dexcom, Discover, Dominium, Express Scripts, EY, FS Investments, EVRAZ, Genentech, Healthpeak, Heartland Financial, Hewlett Packard Enterprise, Hostess, IGT, KPMG, Marsh & McLennan, Michelin, NerdWallet, Radisson, Rapid7, Sol Petroleum, Spotify, Triple-S, Telus, Santander, United Technologies (RTX), UBT, Verizon, Walmart, and Workday.
Carl is masterful at making the complex amazingly simple, engaging his audiences, building confidence, and facilitating a welcoming and transformative group experience. His content is rich and relatable, used in financial leadership development programs (FLDPs) at Fortune 500 companies, and is utilized or licensed by 7 of the top global financial training companies.
Carl serves as an Adjunct Professor in data analytics at the Jones School of Business at Rice University. He is a Certified Public Accountant (CPA) has earned other professional credentials including the CIRA, CFF, CFE, CGMA, AM (Accredited Member in Business Valuation), CSP (Certified Speaking Professional), Certified Anaplan Model Builder, and was a National Association of Certified Valuators and Analysts (NACVA) 40 Under Forty honoree. He holds a BA in finance and economics and an MS in managerial accounting.
He’s been where you want to be and does the work you want to do.
"Great course that covers the fundamentals and focuses on practical application instead of just theory. Not much to improve. Loved the instructor."
Diego Campos
Senior Consultant (Deloitte)
"Very logical structure, highly relevant to work we do at CM. Carl articulately lays out the process of modelling and is an engaging speaker. This was much more applicable than the Austin based modeling training."
Attendee
Senior Associate (Management Consulting Firm)
"This was awesome! Probably the best virtual training I've had. Carl was a great speaker, really good at keeping us engaged, I learned a lot. 100% recommend."
Laura Chaves
Associate, Deloitte
"Informative, interactive, step-by-step guidance and explanation to be able to prepare a 13-week cash flow on your own in the future."
Marie McLean
Director, Transaction Execution (Accordion)
"This program was much better than the previous modeling course I've attended due to the call for thinking critically as well as the granularity covered."
Attendee
Senior Associate (Management Consulting Firm)
"It was an effective building block to cash flow modeling. There was the practical example of building the actual model, but there was also a lot of analysis on the theory and how to use the model as a tool. I thought it was a good way to encompass the end to end application of this model."
Rob Hogue
Senior Financial Consultant (Deloitte)
Course Schedule
- 4.5 hours per session
Session 1: 4.5 hours + office hours
9:00am - 1:30pm CST
Session 2: 4.5 hours + office hours
9:00am - 1:30pm CST
Session 3: Office Hours
Date and time as agreed upon
Join an upcoming cohort
Cash Flow Forecasting and Liquidity Modeling
COST
$1,200
UPCOMING
Cohort 8 (Dec 2024)
DATES
Dec 9—11, 2024
PAYMENT DEADLINE
Dec 11, 2024
Students receive a certificate and 9.0 continuing professional education (CPE) credits for completing the course.
Certificate of Completion: Cash Flow Forecasting and Modeling
Frequently Asked Questions
You are strongly encouraged not to miss live sessions, as a great part of the experience is both the live-reveals and the participant interaction.
In other words, you get to:
- learn in real-time
- apply in real-time, and
- reflect in real time
Yes, sessions are recorded and you can go through them on your own, but learning may be more limited.
We meet for 5 weeks, 4 hours each session. It is intentionally spaced out over a number of days and weeks so you can work your schedule around it.
That’s 20 hours all in: content, discussion, reflection, cases, and Q&A.
There is occasional pre-work and post-session work but it is minimal.
It is not customary for me to offer refunds. Across hundreds of training, seminars, workshops, and conferences — in person and virtual — to thousands of people, I have never been asked once for a refund.
For one in-person training program, there was a blizzard and my flight was canceled. I offered a rescheduling option for a future date.
I offer more than a dozen training programs and immersive development experiences across a wide range of finance and accounting topics.
Here are the other programs I offer in partnership with Maven.
This program is designed for finance professionals who want to advance their skills and understanding specifically in cash flow forecasting.
We meet live on Zoom for 4.5 hours 2x per week.
Each session consists of half the modules of the course. Each module ties into prior and future modules, so it is vital to try to avoid missing classes.
The structure of the session begins with an intro, a tie-in to a real example, exercises, discussion, and reflections.
Prerequisites for the course include the following:
- You should have a basic-to-intermediate understanding of Microsoft Excel
- You should have a current version (2016 or later) of Microsoft Excel, ideally (though not necessary) on a PC.
- You should have at least an basic understanding of accounting and finance concepts.
No, but I will offer you my promises.
Everyone who attends this course will have different backgrounds, experience, and aspirations which means they have different business models or jobs.
My promise is to share with you my techniques, tools, and processes that will accelerate your finance career and make you far more confident in what you do.
Yes, it qualifies for 9.0 CPE credits.
Seidman Financial is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.
Yes. You get all of the template models, clean and completed.
Most on-demand courses teach steps for plugging numbers into a basic model. They don’t teach the nuances that you’re likely to encounter across a wide range of instances. And most cash flow forecasting trainers don’t come from FP&A and CFO backgrounds.
According to alumni, this is the best cash flow forecasting and modeling course available.