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Advanced Treasury Management

Manage the cash, liquidity and associated risks in a Corporate or State-Owned Enterprise

This course is recognised by the British Accreditation Council (BAC)

Course Code: FIN.7
Subject: Finance
Course Fee: £4500 + VAT (20%)

Dates for this course:

27 Apr 2020 to 08 May 2020 London
31 Aug 2020 to 11 Sep 2020 London


Who should attend?

Those in treasury who use or plan to use the capital markets and want advanced knowledge of raising finance and/or investing using capital market instruments. They will be from all sectors, including private, public and not-for-profit including:
• Those working in treasury and need to know more about the capital markets and treasury
• Managers who want to increase their strategic capability
• Operations managers who want to know more about treasury activities
• Managers who are responsible for investing surplus funds in the capital markets
• Treasury employees who need to know how to assess financial performance.
• Internal auditors, accountants who need to show CPD

Who should attend?

Those who have a direct input into the treasury function in their organisation or have some responsibility for finance and financial strategy. They will be from all sectors, including private, public and not-for-profit including:

Learning Objectives

~By the end of the training delegates will be able to:

• Understand the role, objectives and functions of the treasury department in an organisation
• Increase the strategic role of the treasury function
• Optimise working capital
• Contrast and compare the treasury function in the private and public sector
• Differentiate between primary and secondary markets and the roles of the markets
• Develop skills of calculating the fair value of equity and bond instruments
• Develop skills in assessing the performance of stocks and shares
• Demonstrate how derivative instruments can be used to protect against pure risks

By the end of the training delegates will be able to: 

Course Content

~Course Content

The Role and Function of Treasury Management
• Overview of the main activities of treasury management in the private sector and public sector
• Treasury management activities in the private sector
• Treasury management activities in the public sector
• Introduction to Treasury risks

Strategic Treasury Management
• How treasury has evolved since the financial crisis
• Aligning treasury strategy with organisational goals
• Treasury as strategic financial advisers to the organization
• Areas where treasury takes a leading role, including bank relationship management; short and long-term borrowing and financial risk management

Managing Treasury Risks
• Risk management frameworks and the control environment
• Market risk
• Liquidity risk
• Currency risk
• Effective internal controls and governance in the treasury function

Practical Treasury Management
• Preparing cash flow statements
• Using ratio analysis
• Raising finance - debt versus equity
• The weighted average cost of capital (WACC)





Building an Investment Portfolio
• Establishing investment criteria and objectives
• Investment strategies; passive, active, matching, outsourcing and risk-reduction
• Balanced diversification across asset classes, geographic spread, currencies etc.
• Risk appetite

Capital Markets Role and Regulation
• Functions of the capital markets, compared with money markets
• Role of the primary market
• Role of the secondary market
• Aims, objectives, players and structures of market regulation

Capital Market Instruments
• Types and characteristics of equity
• Equity valuation methods
• Fixed income (debt) instruments – government and corporate bonds
• Valuing fixed income instruments

Effective Financial Analysis
• The main sources of information for financial analysis purposes
• The main financial statements according to International Financial Reporting Standards (IFRS)
• Income statement ratios; common size, profit margin, return on equity etc.
• Balance sheet ratios; quick ratios, current ratios, debt to equity and more

Derivative Instruments and Hedging Concepts
• Hedging concepts for financial risks
• Standardisation and settlement of exchange-based derivatives
• Exchange-based futures contracts –hedging currency and interest rate risks
• Options contracts – principles of calls and puts – building a simple hedge

LCT staff were helpful and attentive beyond the normal call of duty. The consultants were very good in the delivery of the course both in terms of content and presentation. They mixed seriousness and humour to keep the course interesting and to help us learn.
Zenith Bank, Ghana