Advanced Treasury Management
Course Information:
Venue: | Duration: | Date: | Price: |
---|---|---|---|
Online | £2,500.00 | 20 hrs | Flexible |
In-House | Agreed with client | Flexible | POA |
London | 10 days | 25-Apr | £5,900.00 |
London | 10 days | 29-Aug | £5,900.00 |
Who should attend?
- Those who are new managers or managers wanting a refresher
- Operations managers who want to know more about treasury activities
- Managers who want to increase their strategic capability
- Managers who are about to be promoted into positions which require treasury literacy
- Managers facing financial investment decisions or expect to make a contribution to a wider planning process
- Internal auditors, accountants who need to show CPD
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:
Accreditations
Outcomes
- Contrast and compare the treasury function in the private and public sector
- Evaluate the increasing the strategic role of the treasury function
- Identify financial risks in treasury management
- Optimise working capital
COURSE TOPICS:
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 – those for hedging currency and interest rate risks
- Options contracts – principles of calls and puts – building a simple hedge