Corporate Treasury Management

This 4-day, highly practical course offers a thorough grounding in treasury management tools and techniques. The course enables participants to maximize cash flows for their organization through effective fund allocation, while minimizing risk using appropriate measurement and management strategies.

21-Jul-2008 -- 24-Jul-2008ChicagoUSD$3975
NY Institute of Finance - Chicago9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ Kenneth L. Parkinson; ] Mon Tue Wed Thu Level: Intermediate
CPE Credits: 28.5

08-Dec-2008 -- 11-Dec-2008New YorkUSD$3975
NY Institute of Finance - Midtown9:00am - 4:30pm Instructional Method:
Group-Live
Instructor(s): [ Kenneth L. Parkinson; ] Mon Tue Wed Thu Level: Intermediate
CPE Credits: 28.5

Corporate Treasury Executives, FX & Money Market Managers, CFOs, Treasury back office personnel, auditors and Accountants, regulators, fund managers.
No advance preparation required.
Essentials of U.S Capital Markets or equivalent knowledge of capital markets.
  • Asset Liability Management
    • Day 1 - Overview – Managing Cash

    Introduction and Overview

    • Treasury’s role
    • Players in and around treasury
    • Typical treasury organizations

    Treasury Strategies

    • Setting an overall strategy
    • Potential strategic problems
    • Economies of scale
    Case: Where’s the Cash?

    Managing cash

    • Daily cash position
    • Managing information
    • Treasury information systems

    Treasury Technology

    • Check replacement possibilities
    • Imaging
    • ERP systems
    Case: Working the Cash Desk

    Day 2 - Managing Working Capital

    Introduction and Overview

    • Elements of working capital
    • Working capital processes
    • Working capital strategies

    Credit and Receivables

    • Managing trade credit
    • Evaluating credit and A/R performance
    • Receivables traps
    Case: Making the credit call & Evaluating A/R performance

    Managing Inventory

    • “Classical” inventory management
    • Just-in-time inventory
    • Newer approaches

    Managing Payables

    • Measuring A/P performance
    • Evaluating trade discounts
    • Finding hidden funds in payables
    Case: Finding hidden cash

    Day 3 - Short-Term Liquidity Management

    Overall Liquidity

    • Primary and secondary reserves
    • Role of forecasting
    • Measures of liquidity

    Cash Flow Forecasting

    • Need for forecasting
    • Approaches and horizons
    • Avoiding common errors
    Case: Evaluating cash forecasts

    Managing Short-Term Investments

    • Short-term instruments and markets
    • Short-term strategies
    • Measuring investment performance

    Managing Short-Term Borrowing

    • Short-term instruments and markets
    • Short-term strategies
    • Measuring borrowing performance
    Case: Managing liquidity

    Day 4 - Managing Risk and Relationships

    Managing Financial Risk

    • Establishing risk strategies
    • Using risk instruments
    • Measuring risk management performance

    Treasury as In-house Bank

    • Pros and cons of in-house bank
    • Establishing an in-house bank
    • Areas that in-house bank cannot handle

    Case: Setting up an in-house bank

    • Differences vs. U.S.
    • Special international treasury techniques
    • Problems with international treasury

    Managing Bank Relations

    • Account analysis statements
    • Using RFPs wisely
    • Evaluating performance
    Case: Measuring compensation performance

    Clients who register for this course will receive a complimentary 6 month subscription to the Financial Times and FT.com. The Financial Times is the world's most respected financial newspaper providing a broad assessment on finance, business and the industrial sector. Subscriptions will start within 6-8 weeks of the application process, and are limited to one per client. For questions about your subscriptions call 800-628-8088 or email uscirculation@ft.com. US and Canada enrollees only.

    Lunch included for all students taking day classes.