This course provides a wide range of useful and practical tips for businesses and organizations facing cash difficulties for any reasons including new US tariffs.
This course, Practical Tips to Get Through Cash Difficulties, will equip you with the knowledge and tactics to navigate challenging cash situations, no matter what causes them.
Learn how to develop effective strategies for managing cash flow during difficult periods and maintaining the right attitude.
Discover techniques for managing relationships with suppliers and employees during a cash crisis, cutting payroll costs with good communication and minimal human impact.
Explore strategies for dealing with banks and other lenders in crisis situations, including maximizing existing credit lines, negotiating terms, and exploring alternative financing sources.
Discover a range of creative financing solutions, including alternative funding options and asset liquidation strategies.
Note outside-the-box solutions to problems and cost-cutting techniques.
Develop an understanding of ethical considerations in cash crisis management, ensuring compliance with professional standards and maintaining a strong moral compass.
Stephen Priddle, CPA, CA, CMA is the President and Founder of Practical PD, Courses for Accountants. Stephen is also the Vice-President, Finance & CFO of Fidus Analytics Inc. In addition, he is a Board member, co-owner and Corporate Secretary of the SureWx group of companies, a global aviation business, which he was the CFO for 12 years previously. An engaging and experienced instructor, Stephen Priddle weaves practical tips together with stories from his business experience and input from participants. Seasoning the mix with a dose of accounting humour, he serves up useful and dynamic courses which have been attended by nearly 38,000. When speaking, he is candid about errors he has made in his career and the lessons that can be learned from them. Someone said: “humans are hard-wired to learn from stories” – Stephen is in part a business/accounting storyteller, who draws out the lessons from the stories. Stephen’s teaching experience includes presenting courses for over 70 accounting bodies and organizations in Canada and abroad. He has been a Session Leader in the CPA Professional Education Program, and has taught at the University of Toronto and Carleton University. He has moderated in the legacy CA, CMA and CGA program. Stephen is a prolific author. His published business, accounting and finance cases are used by many organizations. Stephen has nearly 40 years of varied business experience. After working with KPMG for five years, he moved into industry, where he has worked for public and private companies. He has gained a wide range of experience in financial reporting, treasury management, merger & acquisition and other business matters. Through his courses, he interacts with hundreds of financial leaders a year and thus stays on the leading edge in terms of best practices and hot topics. Stephen obtained his CPA, CA and CMA designations following graduation from Carleton University with an Honours Bachelor of Commerce degree, accounting major.
