TMA Webinar Tracks Cash Flow 'Road Map'

CHICAGO, Aug. 27 /PRNewswire/ -- The 13-Week Cash Flow (TWCF) model is the
industry standard used by turnaround professionals to steer financially
troubled businesses to a desired exit. The next installment of the TMA
Webinar education series covers cash budgeting procedures and targets
associated with this model, which identifies liquidity needs and defines
recovery strategies.

"The Turnaround Scorecard - 13-Week Cash Flow Model," will be held from noon
to 1 p.m. (EDT) on Tuesday, September 15, 2009.

This Webinar is TMA's first real-time educational online course approved by
the National Association of State Boards of Accountancy (NASBA) for continuing
professional education credit.

Presenters have applied TWCF principles to various business sectors, including
manufacturing, transportation and healthcare, and nearly all are certified
turnaround professionals or CTPs, a designation conferred by TMA to those with
documented expertise in the legal, operational and financial aspects of
turnaround management.

Moderator:
-- Frank R. Mack, CTP, chief executive officer, Project Special
Situations,
LLC, has more than 18 years of executive experience as an interim
manager and consultant for distressed and underperforming companies
and
special situations investments in both operational and financial
capacities.

Panelists:
-- Anu Singh, CTP, vice president, Kaufman, Hall & Associates, leads
merger and acquisition transactions, executes valuation engagements
and
provides other financial advisory services to healthcare organizations
and companies.
-- Robert D. Katz, CTP, managing director, Executive Sounding Board
Associates Inc., specializes in cash management, trade and creditor
workouts, with 15 years of strategic and hands-on experience as a
chief
financial officer and management consultant.
-- James M. Macdonald III, senior vice president, JPMorgan Chase, Midwest
Region, has more than 16 years of middle market and large corporate
commercial finance experience with an emphasis on relationship banking
and originating asset-based and cash flow commercial loans.

-- David W. Wirt, partner, Locke Lord Bissell & Liddell LLP, chairs the
Bankruptcy and Restructuring group and focuses on insolvency,
bankruptcy
and business reorganization.

The Chicago-based Turnaround Management Association has nearly 9,000 members
in 45 regional chapters who comprise a professional community of turnaround
practitioners, attorneys, accountants, investors, lenders, venture
capitalists, appraisers, liquidators, executive recruiters and consultants.

SOURCE Turnaround Management Association

Michele Drayton, Turnaround Management Association PR Manager,
+1-312-242-6044, mdrayton@turnaround.org