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 in 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
Instruments and financial mathematics
- Day count conventions
- Simple interest and compounding
- Spot and forward FX, swaps
Anthony Birts, CertICM BSc MBA
Anthony is a Senior Teaching Fellow in Finance at the School of Management, University of Bath, lecturing on MBA, MSc and undergraduate programmes. He is also Director of Studies for the BSc Accounting and Finance degree. Before joining the University, Anthony was with Bank of America NT&SA. He started as an Account Officer in the Energy section and moved via International Treasury Services to end as a Vice President in the Payment Services area. He is Chief Examiner for the CertICM.
Dates and location:
25 April 2018, London
ACT members, students and CPD accredited employers: £750 + VAT
ICAEW Faculty or SIG members: £750 + VAT
Other treasury/accountancy body members: £800 + VAT
Non-members: £850 + VAT
Early bird discounts - book by Wednesday 28th March 2018 to save 15% on the course fee *
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 *
We can also deliver this cash management training course to companies with teams that are interested in taking the course, tailoring it to your business needs. Find out more about in-company solutions here.