COURSE OBJECTIVES: This course will demonstrate how and why good treasury practices can be cost-effective and can improve corporate efficiency and it will put the treasury department in context with the rest of the organisation. Use this programme to "health-check" your own treasury department as we will overview all of the key functional areas, discussing ways and means to increase treasury efficiency.
As treasury skills and applications become more widely recognised both inside and outside the company, it is vital to fully understand "best practice" and ensure that staff understand their own roles, responsibilities and how the corporate culture in an organisation will influence their treasury activities. In the wake of the recent developments with Sarbanes Oxley, corporate governance and the new accounting standards, this is more important than ever.
If you require more in-depth coverage of specific areas, please see our treasury programme in this brochure for further courses.
COURSE CONTENT
Corporate Treasury Activities
- A practical view of the various activities within a treasury department
- The need for a policy and procedures manual
- Day to day requirements
- How treasury interfaces with other departments
Key Treasury Roles and Responsibilities
- Cash management
- Most important - needed to make payments when due
- Forecasting, planning and monitoring liquid resources
- Pooling, sweeping
Investing surpluses
How do I ensure I get the best rates Using banks and other providers Tools of the trade Credit trade-offs Borrowing
- How do I ensure I get the best rates
- Awareness of bid-offer spreads
- Ways and means of funding the business
Risk management
- Profit centre vs cost centre
- Risk averse vs risk loving
- Active vs passive risk management
- Reviewing a range of different corporate cultures
- Credit risk vs market risk vs operational risk
- Which instruments are appropriate
- Currency and interest rate risk management
- First principles of hedging and the tools
- Should we be using derivatives
Management issues
- Working with your banks
- Has the treasurer done a good job
WHO SHOULD ATTEND
Anyone who is new to treasury or has recently taken on increased treasury responsibilities.
Would you like this course run in-house? Call us on 0207 566 8207 to find out more
Not quite what you were looking for?
Then please see the following closely related courses:
Treasury for Support StaffAccounting Principles for Banking and Treasury Staff