The Nuts and Bolts of Cash Management
The principles and practices of effective cash management
Key Facts
| Location | London |
| Length | 1 day |
| Fees | ACT Members and Students £550.00+VAT Non Members |
| Max group size | 25 |
Book now
There is a waiting list for the course on 11 May 2010, if you wish to attend please contact Maggi McDonnell.
Contact
For further information about this course please contact:
Maggi McDonnell, Training Manager
T: +44 (0)20 7847 2559
E: training@treasurers.org
Further information
Excellent coverage of all cash management topics - of great interest was cash flow forecasting and swaps. My attention was kept throughout due to a very knowledgeable and enthusiastic trainer. Possibly the best trainer I have ever had on a professional course. Daniel Mitchelmore, Tax and Pensions Manager, Channel 4 Television Corporation
Course overview
The course provides a broad understanding of the basic principles and practices of cash and liquidity management. While different market sectors have different cash flow dynamics, there are common cash management issues that affect all organisations to some degree.
Starting with the domestic viewpoint, the course examines some of the basic building blocks of cash management and then, through a series of case studies, extends the basic principles to tackling the complexities of international cash management.
Table of Contents [hide]
Programme
Float time
- The cost of poor cash management; invoicing; finality; value dating; payables and receivables management; liquidity and the cash cycle
Instruments and institutions
- Payment instruments (paper-based, electronic) and clearing systems (RTGS, NSS); domestic and international
Cash management structures
- Types of accounts; currency accounts; zero balance; lock box; disbursement
- International account structures
Liquidity techniques
- Notional pooling; cash concentration; crossborder notional pooling
- Short-term borrowing; investing; leading and lagging
Cash flow forecasting
- Purpose; methods and problems
Basic interest calculations
- 360/365 bases; short-term instruments
Further international complexity
- FX (spot, forward, swaps); regulations; netting
What you will gain
Participants will gain an understanding of what cash and liquidity management consists of, its importance to the business and to the treasury function.
Who will benefit?
- New entrants to the treasury function
- Those who interface with treasury
- All those with day-to-day responsibility for managing cash and liquidity
