The Certified Cash Flow Specialist (CCFS) certification is ideal for those responsible for starting, operating, or expanding organisational operations. Inaccurate cash flow analysis – or lack of available cash – can affect the everyday operations of a business and its eligibility to receive a loan. Cash flow is the movement of money in and out of your business.
Description
The Certified Cash Flow Specialist (CCFS) certification is ideal for those responsible for starting, operating, or expanding organisational operations. Inaccurate cash flow analysis – or lack of available cash – can affect the everyday operations of a business and its eligibility to receive a loan. Cash flow is the movement of money in and out of your business.
A CCFS will keep track of:
- Inflow which comes from operations such as the sale of goods and services, loans, lines of credit, and asset sales; and
- Outflow which occurs during operations such as business expenditures, loan payments, and business purchases.
An effective cash flow system will help an organisation to manage funds to cover operational costs and bills and help it foresee potential problems in the future. A CCFS will use Profit and loss statements and income statements to determine projections for future cash flow trends of the business.These financial documents are instrumental in making cash flow projections. Cash flow analysis statements display not only changes over time, but also available net cash.
AFMA Certification can be obtained by undertaking an AFMA approved Training Program.
Training: For those wishing to undertake training to obtain certification, this course includes payroll, budget, and financial statement packages, providing the ability to implement a variety of automated financial and accounting programs. Accounting Systems Analysts generally work under the general supervision of the Chief of Finance and Accounting.
Assessments: These are designed to validate your knowledge of the subject area, as well as increase employability skills, and coaching skills by testing that knowledge and your ability to apply it (i.e., competency).
The Certified Accounting Systems Analyst (CCFS)TM Board Certification is awarded to individuals who have met our requirements.
