Understanding how financial markets operate is crucial given the interaction treasurers have with debt and equity markets. The amount of debt taken on and the resulting considerations of what type, maturity, and terms are crucial components of a treasurer’s role.
Gain a clear understanding of how organisations access and manage financial resources to support their growth and operations, and explore the main types of debt funding and considerations, especially given the current economic conditions.
Perfect if you:
- already have a background in business or finance (either academic or work experience)
- want to specialise in a particular topic relevant to your role
- are seeking to refresh on specific areas of cash management
- are seeking more flexibility in your learning
- are considering discussing upskilling as part of your annual performance reviews
- manage a non-treasury specific team and wish to upskill a team member to understand a particular treasury specific role.
Digital Credentials
On successful completion of the qualification, we’ll issue and send you a link to your digital credential. Digital credentials are a great way to showcase your achievements. They can be easily and safely displayed on your CV and website or shared online via LinkedIn, email signatures, social media, blogs, and ePortfolios.
This MicroTopic is part of the Certificate in International Cash Management (CertICM) pathway. Study all five MicroTopics in this set to gain the CertICM qualification.
This MicroTopic explores managing global cash flow, liquidity strategies, and enhancing financial resilience. It focuses on mitigating risks and ensuring stability in a complex global financial environment.
Topics you'll cover
- Visibility and Availability of Global Cash
- Strategic Pooling and Intercompany Lending
- Treasury Policies and Internal Controls
- Liquidity Planning and Stress Testing
Learning outcomes - by the end of this MicroTopic, you'll be able to:
- Discuss techniques to enhance visibility and availability of cash including the use of technology and different structures to support liquidity.
- Explain the impact of pooling and intercompany lending on liquidity, control and financial performance, including undertaking relevant calculations.
- Explain how treasury policies and internal controls influence liquidity and help to mitigate financial risk in ICM.
- Discuss techniques for scenario planning and liquidity stress testing, including how these can contribute to resilience and contingency planning.
I have completed the Award in International Cash Management
You get automatic entry to the Certificate in International Cash Management if you have successfully completed the Award in International Cash Management. You don’t have to provide evidence of any qualifying experience, because we will have a copy of your results already.
I have completed the Award in Cash Management Fundamentals
You get automatic entry to the Certificate in International Cash Management if you have successfully completed the Award in Cash Management Fundamentals. You don’t have to provide evidence of any qualifying experience, because we will have a copy of your results already.
Prior work experience
If you have three years’ experience of working in a cash management role, then you may be exempt from the Award in International Cash Management (AwardICM) and eligible for direct entry onto the Certificate in International Cash Management (CertICM).
We recommend that you do take the AwardICM to get a full grounding in the cash management context, however you can begin your studies with the CertICM if you prefer to do so. When booking for the CertICM, you will need to complete and upload a work experience declaration form alongside a copy of your CV.
If you are unsure that your work experience is sufficient to begin with the CertICM, then take a look at the operational level of the ACT Competency Framework. If you recognise these competencies in your personal work, then the CertICM will be a suitable starting point for your studies.
If prior work experience exemption applies to you, the work experience declaration form will be available to download and complete on the booking form.
Qualified accountant
If you are CIMA, ICAEW or ICAS qualified, or from one of their reciprocal member bodies, you are exempt from the Award in International Cash Management.
You are eligible to fast track onto the Certificate in International Cash Management.
We recommend you complete the full Certificate in International Cash Management qualification. More information is available here.
If you wish to only do MicroCredentials, you get automatic entry, but you will need to complete all relevant content to complete the course.
Please upload a copy of your accountancy certificate when booking.
Other professional qualification
If you are a CFA Charter holder, then you are eligible for exemption from the Award in International Cash Management and can begin your studies with the Certificate in International Cash Management, or complete these MicroTopics.
If you hold the Certified Treasury Professional (CTP) qualification you get automatic entry to the Certificate in International Cash Management, or complete these MicroTopics.
You will need to provide a copy of your qualification certificate when booking.
None of the above applies to me
You will first need to successfully complete the Award in International Cash Management in order to become eligible to move onto the Certificate in International Cash Management.
Benefit from a wide range of resources designed to support your learning, professional development, and long-term career growth.
What’s included with your learning:
- readings with activity questions throughout your learning
- webinars that dive deeper into key concepts
- practice MicroTests to help you prepare with confidence.
When purchasing your MicroTopic, you will need to become a Student of the ACT. Being a Student gives you access to lots of additional resources.
Additional benefits of studying with the ACT:
- access to exclusive career resources
- invitations to events, regional groups, and webinars
- regular policy and technical updates
- a subscription to the online The Treasurer magazine
- opportunities to connect with a mentor through our mentoring scheme.
To achieve a MicroCredential, you will need to complete a MicroTest at the end of each MicroTopic. This will be a short online assessment taking between approximately 30 - 60 minutes, depending on the MicroTopic.
It’s up to you to decide when you are ready to opt in and take your assessment. You can take your assessments from anywhere in the world, wherever you have a reliable internet connection.
To start studying, you must buy your online learning materials and student licence at the same time. Your assessment can be booked at a later date, when you feel prepared and ready to sit the exam.
|
Learning material |
600 GBP |
|
Student Licence |
53 GBP |
|
Assessment |
TBC |
You’ll need a student licence to study each MicroTopic.
If you plan to take more than one MicroTopic, save money by purchasing a 6 or 12-month licence. It means you won’t need to buy a new licence each time.
- 6 months: total £125, save over 20%
- 12 months: total £230, save over 25%
Fees are subject to the local VAT rate where applicable.
READY TO GET STARTED?
Log in to your ACT Learning account. If you do not have one, you will be prompted to create one.
After purchasing, your booking will be processed, and you’ll receive an email upon confirmation.
Please note: Bookings are open now, but learning content won’t be available until 16 March 2026. Secure your spot today and be the first to start studying when the course launches!
We can also deliver MicroCredentials to companies with teams that are interested in studying via this flexible route.
Explore more ACT MicroCredentials
Looking for other topics in treasury and finance? Discover our full range of bite-sized MicroTopics.