Cash management is one of the most important responsibilities of a company’s controller. As they say, “cash is king.” According to moneycrashers.

Situation: You are currently working at a mid-sized certified public accounting firm. Your client is Bob Jones. Bob, age 60 and single, has recently
June 28, 2019
ACC 660 Module Four Presentation: Financial Health Guidelines and Rubric Prompt: As controller, you have been asked to give a PowerPoint presentation
June 28, 2019

Cash management is one of the most important responsibilities of a company’s controller. As they say, “cash is king.” 

According to moneycrashers.com, “Businesses must have cash on hand for various reasons, such as investing in new infrastructure and dealing with unexpected expenses. Moreover, a business’s cash flow is often cited as a key factor in its potential for long-term success. A company may have all the revenue in the world, but without the ability to generate cash, it can easily fail.” 

For this discussion, refer to the company that you first chose in the Module Two discussion and analyze its cash position. You might research its cash flow statements in your analysis. What are your plans as controller for managing your company’s cash for the upcoming year? What are some ways to increase the company’s liquidity? 

The company I chose is Walmart

 
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