Effective Future Cash Planning And Cash Management

The banking crisis of 2008, which created financial havoc around the world, caused considerable savings and wealth to evaporate, strained the equity levels of global organizations to unprecedented minimum levels and resulted in money markets, as well as other normally liquid and transparent capital markets, to temporarily freeze up or suspend trading activities. As a result of the substantial losses caused by this tidal wave of financial ruin that occurred in equity stock markets, currency, commodity, and derivative markets on a global basis, treasury, and cash management functions are now regarded as vital for the stability, security, and profitability of all organizations.

Participants will develop the following competencies:

• Improved treasury management skills by adopting the responsibilities and techniques required to ensure optimum organizational liquidity and profitability
• Better prepared to eliminate interest rate and exchange rate risks as well as commodity pricing risks utilizing the best available internal and external hedging instruments
• Improve cash management skills as a result of gaining a better understanding of liquidity, and portfolio investment returns

The program aims to enable participants to achieve the following objectives:

• Recognize the roles, responsibilities, tools, and strategies associated with treasury management, including international best practices and procedures
• Improve financial management skills in terms of managing assets and liabilities liquidity issues
• Discuss the various types of risks associated with global organizations, namely interest, exchange, credit, and commodity pricing risks and identifying sources and methodologies of risk management in attending to these types of risks
• Examine the nature, risk, and utilization of financial derivatives in addressing financial risks
• Appreciate the basic concepts of cash management to enhance organizational cash flows and maximize portfolio investment returns

• Professionals are directly responsible for treasury and cash management functions. Supervisory professionals responsible for monitoring financial risks, including liquidity, credit, interest rate or exchange rate risks
• Managers and financial decision-makers, whose techniques for decision making and risk analysis will be improved upon by the tools, techniques, strategies and best practices offered by this program
• Professionals directly responsible for the implementation and execution of financial decisions made by other organizational executives and senior managers, who will gain a new perspective and appreciation for corporate decision-making processes and thereby benefit from shared values within their organization
• Those professionals with an interest in finance or aspirations to enhance their careers in the field of finance