LERN 1340: Cash Is King
Effective date
October 2020
Department
LERN UGotClass
School
Continuing Studies
Description
Cash is arguably the most important factor in business success. D&B reports 90% of all small business failures are due to poor cash flow—more money gets paid out than collected. It is the non-financial manager who really makes a difference in the day-to-day cash activities. Discover how to maximize cash flow, learn the importance of cash and find out your role in cash flow success.
This course is offered in partnership with Learning Education Resource Network - UGotClass. For more information see http://yougotclass.org/index.cfm/VCC
Year of study
General Interest
Course Learning Outcomes
Upon successful completion of this course, students will be able to:
- Understand your company’s cash activities and your own role in improving cash flow.
- Be able to reveal cash needs based on a three year estimate of cash sources and uses.
- Know how to consider cash management ideas to improve cash flow through improved business activities.
- Be able to consider potential external cash sources and ways to approach them for funding
Prior Learning Assessment & Recognition (PLAR)
None
Hours
Lecture, Online, Seminar, Tutorial: 16
Total Hours: 16
Grading System
Satisfactory/Unsatisfactory
Passing grade
S - based on: 1. Make at least one comment every week in the discussion. 2. Take every Unit self-quiz. Completion Timeline -The requirements should be done by the last day of the course.
Course topics
- Cash Flow Strategies
- Reporting and Evaluating Cash Flow
- Projecting Cash Needs
- Funding Requests
Notes:
- Course contents and descriptions, offerings and schedules are subject to change without notice.
- Students are required to follow all College policies including ones that govern their educational experience at VCC. Policies are available on the VCC website at:
https://www.vcc.ca/about/governance--policies/policies/.
- To find out if there are existing transfer agreements for this course, visit the BC Transfer Guide at https://www.bctransferguide.ca.