There are no prerequisites.

Course Description

The treasury function administers the financial holdings and obligations of an organization. This is a major task in an organization that has millions or even billions of dollars in cash and investments, receivables, payables, and debt. Even in a smaller organization, these tasks are essential to the ability of a business to continue in operation. Consequently, though treasury is an administrative function, it is still one of the most vital parts of a business.

The treasurer is responsible for a broad range of activities, which include bank relations, cash forecasting, investments, fund raising, risk management, and even insurance. These are critical, high-risk activities, so the treasurer must also have a detailed knowledge of processes, controls, and treasury management systems. The Treasurer's Guidebook addresses all of these topics and more, with the intent of giving a new treasurer a solid grounding in how to perform the job.


Steven M. Bragg, CPA

Steven M. Bragg, CPA, is a full-time book and course author who has written more than 70 business books. He provides Western CPE with self-study courses in the areas of accounting and finance, with an emphasis on the practical application of accounting standards and management techniques. A sampling of his courses include the The New Controller Guidebook, The GAAP Guidebook, Accountants’ Guidebook, and Closing the Books: An Accountant’s Guide. He also manages the Accounting Best Practices podcast.

Steven has been the CFO or controller of both public and private companies and has been a consulting manager with Ernst & Young and an auditor with Deloitte & Touche. He holds an MBA from Babson College, a Master of Finance from Bentley College, and a BA from the University of Maine (summa cum laude).

Course Specifics

Dec 18, 2017
There are no prerequisites.

Compliance Information

Qualifies for CA Fraud: No

Learning Objectives

Upon successful completion of this course, participants will be able to:

Chapter 1

  • Recognize the responsibilities of the treasury function.
  • Cite the circumstances under which local treasury expertise is needed.
  • Note the activities of the different parts of the treasury department.

Chapter 2

  • Note the different types of bank fees.
  • Identify the circumstances that could trigger a credit assessment.

Chapter 3

  • Note the benefits of a cash concentration system.
  • Recognize the effects of a threshold cash sweep.
  • Recognize how notional pooling functions.
  • Identify the circumstances under which multi-tiered banking is used.
  • Identify the type of cash pooling that works best when managers want local control.

Chapter 4

  • Note the methods and adjustments used to develop a cash forecast, and why a cash forecast reconciliation is used.

Chapter 5

  • Identify the need for a correspondent bank.
  • Recognize the different types of settlement systems.

Chapter 6

  • Note the different types of investment strategies.
  • Recognize the characteristics of the different types of investments.
  • Identify the reasons why a secondary market is needed.

Chapter 7

  • Identify the circumstances under which exemptions can be used to raise capital, and the requirements of each one.

Chapter 8

  • Cite the terms used for factoring and hard money deals.

Chapter 9

  • Note the circumstances under which a supply chain financing offer would be accepted.

Chapter 10

  • Identify the types of hedging transactions that can be used to mitigate risk, note the terms of hedging contracts, and recognize when risk mitigation is not needed.

Chapter 11

  • Recognize the types of insurance sales channels.
  • Note the methods used to review the financial condition of insurers.
  • Cite the terms included in insurance contracts, and their effects.
  • Identify the benefits and coverage characteristics of the different types of insurance.
  • Recognize the methods used to reduce the cost of insurance.

Chapter 12

  • Note the documentation typically used in a credit review.
  • Recognize the uses to which a credit policy can be put.
  • Identify the characteristics of a high-quality credit rating system, and when it works best.
  • Cite the indicators of possible future payment delinquencies.

Chapter 13

  • Identify the actions needed to achieve zero working capital.

Chapter 14

  • Note the accounting required for the different investment activities, as well as the accounting for impairment losses, and why investments are assigned to different classifications.
  • Note the accounting required for hedging transactions, the types of hedges, and the characteristics of a highly effective hedge.

Chapter 15

  • Recognize the costs and advantages of a treasury management system.

Chapter 16

  • Identify the controls for cash forecasting, investments, debt, and stock issuances.

Chapter 17

  • Recognize the formulas for turnover measurements, investment returns, and the ability to pay.

Choose Your Preferred Format

Online Access

Get immediate access to a robust collection of learning and reference materials, allowing you to dive deep into the information you need. Our self-study materials are authored by top-quality, industry experts who focus on helping you grasp concepts quickly using real-life examples. Download your CPE to any device, and take it with you so you can learn when and wherever you want. Complete your CPE with an online exam, and enjoy instant grading with the option to print your certificate immediately upon passing.

online access
Hard Copy

Our self-study materials are authored by top-quality, industry experts. You’ll receive a bound notebook of all the course materials, shipped to you within one business day. In addition, you’ll also have full online access. Each self-study package includes a robust collection of learning and reference materials to help you cover the information efficiently and put it into practice immediately.

hard copy
Self-Study Video

Experience high-quality instruction with our Self-Study Videos, available to you 24/7. With more than 80+ videos currently in the Western CPE Self-Study Video library, you can see and hear our expert instructors deliver the information you need in a dynamic way that allows you to immediately apply your learning. Unlike a live course or webcast, you can complete the course on your own time, playing and pausing as needed. Self-Study Videos allow you to complete your CPE requirements on your own time.

hard copy

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