The treasury function administers the financial holdings and obligations of an organization. This is a major task in an organization that has millions or even billions of dollars in cash and investments, receivables, payables, and debt. Even in a smaller organization, these tasks are essential to the ability of a business to continue in operation. Consequently, though treasury is an administrative function, it is still one of the most vital parts of a business. The treasurer is responsible for a broad range of activities, which include bank relations, cash forecasting, investments, fund raising, risk management, and even insurance. These are critical, high-risk activities, so the treasurer must also have a detailed knowledge of processes, controls, and treasury management systems. The Treasurer’s Guidebook addresses all of these topics and more, with the intent of giving a new treasurer a solid grounding in how to perform the job.
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.
CPAs, auditors, consultants, and financial and managerial professionals.
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.
Steven Bragg, Western CPE
Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.
Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).
Non-Member Price $442.00
Member Price $384.00