Inflow/(outflow) and Influencing skills: Difference between pages

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Inflow / (outflow) sign convention under which:
'Influencing skills' is a core behavioural competency for treasurer identified by the ACT's Competency Framework.


#Positive numbers are used for cash inflows, items of income and assets.
It is the development of mutually beneficial working relationships with internal and external stakeholders in order to persuade others to support a particular idea or plan of action, and hence deliver value to the organisation.
#Negative numbers are used for cash outflows, expenditure and other costs, and liabilities.




Negative numbers are often shown (in brackets) for emphasis.
==See also==
 
* [[ACT Competency Framework]]
 
* [[Behavioural skills]]
For example:
 
Cash inflows +9
 
- Cash outflows (5)
 
= Net inflow +4
 
 
Taking another example:
 
Cash inflows +9
 
- Cash outflows (15)
 
= Net outflow (6)
 
 
 
The inflow/(outflow) convention is used for many types of financial reporting, but it is not universal.
 
A widely used alternative convention is the 'mostly positive' sign convention.
 
 
== See also ==
*[[Mostly positive]]
*[[Model]]
*[[B/(W)]]
*[[Corporate finance]]
*[[FP&A]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 10:49, 11 July 2015

'Influencing skills' is a core behavioural competency for treasurer identified by the ACT's Competency Framework.

It is the development of mutually beneficial working relationships with internal and external stakeholders in order to persuade others to support a particular idea or plan of action, and hence deliver value to the organisation.


See also

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