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.
THIS COURSE IS RIGHT FOR YOU 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 TRAINING?
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.
ACT members who attend this training course can count this towards their CPD learning and should record this in their CPD log. For more information on the ACT’s CPD scheme visit: www.treasurers.org/cpd
You will receive pre-course material in advance of the day as well as 60 days' access to Being A Treasurer, the second course of our First Steps in Treasury eLearning series. Included as part of your training course booking (usually £65 + VAT), this interactive online training will give you an overview of the role of a treasurer within the context of business.
A recording of the course and presentation material, which you can access online for 60 days or download, and a digital badge to share with your network to showcase your achievement. Our training courses are regularly reviewed and updated, so when you display your badge on your email footer or LinkedIn profile, your network will know that you have gained up-to-date knowledge and relevant skills. More importantly, you'll gain valuable practical skills you can instantly use at work.
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COURSE STRUCTURE
This course is split into six core areas, all covered in just one day.
Treasury cash management – improving the basics
- Float
- Invoicing, payables and receivables management
- Liquidity and the cash cycle
Payment instruments
- 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
Liquidity techniques
- 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
- Discounting
- Spot and forward FX, swaps
AGENDA
FREE SAMPLE MATERIAL
Would you like to see a free sample of the course materials for the Nuts and Bolts of Cash Management training? Just enter your details below and a copy will be emailed to you. You’ll be able to see an example of the slides used during the training as well as an example of a practice task.
Platform:
Microsoft Teams
Fees:
- ACT member/ student or employed by an ACT CPD accredited employer/business member organisation - £700
- Member of another accountancy body - £740
- Non-member - £820
Can’t make it for this date but want to attend the next available session?
Discounts:
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 **
Anthony Birts
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
We can also deliver this course to your team and tailor it to your business needs. Find out more about in-company solutions here.