Course Objectives

• This Course Objective Hasn't Been Provided Yet

Target Audience

Treasury professionals, financial professionals, finance managers, corporate controllers, financial controllers, chief accountants, accounting managers, senior accountants, banking professionals, back-office managers, traders and dealers, finance regulators, and corporate business professionals.

Introduction to the treasury function

• Definition and responsibilities of the treasury function
• Treasury function as part of organizational structure
• Role of treasury professionals
• Strategic challenges for treasurers in organizations
• Risks surrounding the treasury function:
  • Market risks: interest rate risk, FX risk, equity price risk, commodity price risk
  • Liquidity risk
  • Credit risk
  • Other risks
• Developing a risk heat map for treasury function

Cash and liquidity management

• Asset and liability management versus treasury management
• Reasons for holding cash: transaction, precautionary and speculative
• The optimum cash balance:
  • Baumol’s model
  • Miller-Orr model
• Managing and accelerating collections
• Managing and decelerating disbursements
• Ratio analysis for decision making
  • Days sales outstanding versus credit term
  • Days inventory on hand versus lead time
  • Days of payables
  • Cash conversion cycle

Cash flow forecasting

• Purpose of cash flow forecasting
• Issues and opportunities in cash flow forecasting
• Types of forecasts: purpose, horizon, frequency
• The forecasting process
  • Data identification and organization
  • Selection and validation of the forecasting method
• Forecasting methods
  • Short-term cash flow forecasting method
  • Medium and long-term forecasting
  • Statistical methods in forecasting

Treasury funding and investing

• Managing short-term borrowing
  • Short-term funding alternatives
• Long-term debt financing
  • Short-term interest rates versus long-term interest rates
  • Loan agreements and covenants
  • Credit rating agencies
  • Bonds as tool for long-term investing and funding
• Managing short term investments
  • Short-term investment policies
  • Securities safekeeping and custody services
• Long-term equity investments and stocks
  • Equity valuation techniques
• Derivatives markets and hedging

Treasury policies and procedures

• Procedures development and implementation
• Liquidity policy
• Bank accounts and financial services authority policy
• Payments policy
• Wire transfer policy
• Collection and concentration policy
• Payment cards policies
• Outsourcing policy
• Financial risk management policy
• Regulatory compliance policies
• Financing and funding policies
• Treasury systems policy
  • Sample short-term investment policy

Technology in treasury operations

• Information security for treasury
• Information management technology platforms
• Technology management systems (TMS) functionalities
  • Cash management
  • Spreadsheets
  • Payments
  • Debt and investment transactions
• Main TMS vendor profiles
• Phases for TMS selection process
• Focus points to implement TMS
• E-commerce and treasury
  • Basics of e-commerce
  • Electronic Data Interchange (EDI)
  • Electronic Bank Account Management (eBAM)
  • Mobile banking and mobile payments
  • Application program interfaces (APIs)
  • Blockchain
• Treasury-related fraud

This course hasn't been scheduled yet, however you can request for In-House training