Cash flow planning
Mark E. Haskins
(Associate Professor of Business Administration, Colgate Darden Graduate School of Business Administration, University of Virginia, Charlottesville, VA.)
Robert D. Higgs
(Analyst with Management Resource Associates, Pittsburgh, PA.)
J. Edward Ketz
(Associate Professor of Accounting, Department of Accounting and MIS, Pennsylvania State University, University Park, PA.)
743
Abstract
The results of recent surveys of businesses indicate that cash flow is the single most important problem they face. The business press has noted that “cash‐flow planning is one of the more difficult and vulnerable areas in business management,” and that “businessmen can't understand why…they [are] running out of cash.” In fact, it's safe to suggest for companies of any size that cash is the lifeblood of the firm, and that a company's cash‐planning practices can be a critical early warning device of impending financial trouble.
Citation
Haskins, M.E., Higgs, R.D. and Ketz, J.E. (1987), "Cash flow planning", Planning Review, Vol. 15 No. 6, pp. 38-44. https://doi.org/10.1108/eb054210
Publisher
:MCB UP Ltd
Copyright © 1987, MCB UP Limited