The treasurer can provide significant value to a business, not just by managing its money, but also through fundraising activities and proper attention to the management of credit and risk. TheTreasurer's Guidebookshows how to enhance the treasurer position; it does so by discussing how the treasury department's performance can be organized and fine-tuned, focusing on bank relations, cash concentration systems, investment strategies, financing sources, credit management, insurance, and more. The course also addresses the administrative aspects of the treasurer's job, including the accounting for treasury transactions, treasury management systems, controls, and measurements. In short, this course is the ultimate toolkit for anyone intending to expand and improve the treasurer position.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Recognize the responsibilities of the treasury function.
Identify the circumstances under which local treasury expertise is needed.
Specify the activities of the different parts of the treasury department.
Specify the different types of bank fees.
Identify the circumstances that could trigger a credit assessment.
Specify the benefits of a cash concentration system.
Recognize the effects of a threshold cash sweep.
Recognize how notional pooling functions.
Identify the circumstances under which multi-tiered banking is used.
Identify the type of cash pooling that works best when managers want local control.
Specify the methods and adjustments used to develop a cash forecast, and why a cash forecast reconciliation is used.
Identify the need for a correspondent bank.
Recognize the different types of settlement systems.
Specify the different types of investment strategies.
Recognize the characteristics of the different types of investments.
Identify the reasons why a secondary market is needed.
Identify the different techniques available for selling shares outside of an initial public offering, and the restrictions associated with their use.
Identify the terms used for factoring and hard money deals.
Specify the circumstances under which a supply chain financing offer would be accepted.
Identify the types of hedging transactions that can be used to mitigate risk, note the terms of hedging contracts, and recognize when risk mitigation is not needed.
Recognize the types of insurance sales channels.
Specify the methods used to review the financial condition of insurers.
Identify the terms included in insurance contracts, and their effects.
Identify the benefits and coverage characteristics of the different types of insurance.
Recognize the methods used to reduce the cost of insurance.
Specify the documentation typically used in a credit review.
Recognize the uses to which a credit policy can be put.
Identify the characteristics of a high-quality credit rating system, and when it works best.
Identify the indicators of possible future payment delinquencies.
Identify the actions needed to achieve zero working capital.
Specify the accounting required for the different investment activities, as well as the accounting for impairment losses, and why investments are assigned to different classifications.
Specify the accounting required for hedging transactions, the types of hedges, and the characteristics of a highly effective hedge.
Recognize the costs and advantages of a treasury management system.
Identify the controls for cash forecasting, investments, debt, and stock issuances.
Recognize the formulas for turnover measurements, investment returns, and the ability to pay.
Major Topics
Treasury Management
Bank Relations
Cash Concentration
Cash Forecasting
Clearing and Settlement Systems
Investment Management
Equity Financing
Debt Financing
Supply Chain Financing
Insurance
Credit Management
Working Capital Management
Accounting for Treasury Transactions
Treasury Management Systems
Treasury Controls
