Principles and practices of effective cash management. The basic principles and practices of cash and liquidity management and its importance to the business and treasury function.
IS THE NUTS & BOLTS OF CASH MANAGEMENT COURSE RIGHT FOR YOU?
Yes, if you are:
- new to the treasury function
- someone who works with treasury
- responsible for managing cash and liquidity
WHAT WILL YOU GAIN FROM THE NUTS & BOLTS OF CASH MANAGEMENT COURSE?
A broad understanding of the basic principles and practices of cash and liquidity management and an understanding of its importance to the business and treasury function.
While different market sectors have different cash flow dynamics, there are common cash management issues that affect all organisations to some degree. To prepare you for these issues the course examines the basic building blocks of cash management from the domestic perspective. Then, through a series of case studies, it shows how these basic principles apply to the complexities of international cash management.
NUTS & BOLTS OF CASH MANAGEMENT COURSE STRUCTURE
This course is split into six core areas that are all covered in just one day.
Treasury cash management – improving the basics
- Invoicing, payables and receivables management
- Liquidity and the cash cycle
- Settlement and clearing systems (RTGS, NSS), domestic and international
- Value dating, availability and finality
Cash management structures
- Types of accounts
- Currency accounts
- Zero balance, lock box, disbursement
- International account structures
- Notional pooling
- Cash concentration
- Cross-border notional pooling
- Short-term borrowing and investing
- Leading and lagging
- Intercompany netting
Cash flow forecasting
- Purpose, methods and problems
Brief introduction to foreign exchange and short-term swaps
- Day count conventions
- Simple interest and compounding
- Spot and forward FX, swaps
Anthony is a Senior Teaching Fellow in Finance at the School of Management, University of Bath lecturing on MBA, MSc and undergraduate programmes. He has also been Director of Studies for the BSc Accounting and Finance degree and the MBA programmes.
Before joining the University, Anthony was with Bank of America NT&SA, starting as an Account Officer in the Energy section and moving via International Treasury Services to end as a Vice President in the Payment Services area.
Anthony was one of the two original creators and presenters of the CertICM and was Chief Examiner for the CertICM. Anthony is a regular trainer for the ACT
Group discounts - if three or more people from the same organisation book onto any ACT training course, they qualify for 25% off the combined course fee **