Certificate in Treasury and Cash Management F08 Why Attend Treasury management is the management of an organization’s collection, concentration, disbursement, investment and funding activities as well as the process of dealing with financial risk issues. The very first function of treasury management is cash management which is the corporate process of collecting and managing cash as well as the use of cash for short-term investing. This makes cash management a key component of a company's financial stability and solvency. The “Certificate in Treasury and Cash Management” course provides professionals with an overview of the modern role and practices of treasurers in cash management, cash forecasting, treasury funding and investing. In addition, this course discusses the application of the latest technologies to cash management while abiding by a certain set of policies and procedures. Course Methodology The course uses a mix of interactive techniques, such as brief presentations by the consultant, application of theories presented by the consultant, and group exercises to exchange experience and apply knowledge acquired throughout the course. Course Objectives By the end of the course, participants will be able to: Describe and explain the roles of corporate treasury management and the treasury function Apply up-to-date practices covering cash management techniques Draft a cash flow forecast and establish cash and loan forecasted balances at specific dates Develop a practical understanding of treasury investment and products along with their risk and return Assess effectiveness of treasury policies and procedures for the organization Implement technology related to treasury operations 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. Course Outline 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
