Cash budgets, finance sources and liquidity

What this note covers

1. Separate cash movement from accounting profit
2. Diagnose the timing and cause of a shortfall
3. Match finance to purpose and time horizon
4. Manage risk and keep the forecast useful
5. Trace a cash shortfall across periods
6. Choose finance and test the downside

6 sections · 8 key terms & formulas · 6 common mistakes