Self-Study
Overview
CPE Credits
16 Credits: Finance
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.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Chapter 1
- Recognize the responsibilities of the treasury function.
- Identify the circumstances under which local treasury expertise is needed.
- Specify the activities of the different parts of the treasury department.
Chapter 2
- Specify the different types of bank fees.
- Identify the circumstances that could trigger a credit assessment.
Chapter 3
- Specify 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
- Specify 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
- Specify 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
- Identify the terms used for factoring and hard money deals.
Chapter 9
- Specify 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.
- Specify the methods used to review the financial condition of insurers.
- Identify 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
- Specify 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.
- Identify the indicators of possible future payment delinquencies.
Chapter 13
- Identify the actions needed to achieve zero working capital.
Chapter 14
- Specify the accounting required for the different investment activities, as well as the accounting for impairment losses, and why investments are assigned to different classifications.
- Specify 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.
Course Specifics
|
Course ID 3158024 |
Revision Date September 9, 2021 |
Number of Pages 320 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
Course Instructor
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 …
Treasurer's Guidebook
$384.00 – $424.00
Self-Study
Overview
CPE Credits
16 Credits: Finance
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.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Chapter 1
- Recognize the responsibilities of the treasury function.
- Identify the circumstances under which local treasury expertise is needed.
- Specify the activities of the different parts of the treasury department.
Chapter 2
- Specify the different types of bank fees.
- Identify the circumstances that could trigger a credit assessment.
Chapter 3
- Specify 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
- Specify 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
- Specify 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
- Identify the terms used for factoring and hard money deals.
Chapter 9
- Specify 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.
- Specify the methods used to review the financial condition of insurers.
- Identify 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
- Specify 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.
- Identify the indicators of possible future payment delinquencies.
Chapter 13
- Identify the actions needed to achieve zero working capital.
Chapter 14
- Specify the accounting required for the different investment activities, as well as the accounting for impairment losses, and why investments are assigned to different classifications.
- Specify 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.
Course Specifics
|
Course ID 3158024 |
Revision Date September 9, 2021 |
Number of Pages 320 |
Prerequisites There are no prerequisites. |
Advanced Preparation None |
Compliance information
NASBA Provider Number: 103220
Course Instructor
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 …
Treasurer's Guidebook
$384.00 – $424.00