The pressure on accountants and financial professionals to make the best use of scarce financial resources is unrelenting, whether you are in the private, public and not-for-profit sectors. But what does that mean in practice?
Making the most of your organisation's resources means running your treasury processes within a framework based on best practice. Any company can implement KPIs around their treasury activities to follow this framework, whether they have a treasury department or not.
This course looks at how to use a key performance indicator framework to embed good practice. It explores, in detail, the key components of treasury management and what KPIs can be set and monitored for each.
Course overview
Liquidity management
- What is liquidity management?
- What are the objectives for this activity?
- What is the typical policy scope?
- What are the typical policy contents?
- What are the typical policy sections?
- What ancillary processes are required?
- What is the liquidity management process?
- What are the specifics of a typical liquidity
management policy?
- What KPIs could be set against elements in the
liquidity management framework?
- What KPIs could be set against the general elements
in the policy?
- What KPIs could be set against the specific elements in the policy?
Foreign exchange management
- What is foreign exchange management?
- What are the objectives?
- What is the typical policy scope?
- What are the basics of cost of risk mitigation cover?
- What are the basics of foreign exchange markets?
- What is the policy content?
- What processes are required by the policies?
- What KPIs could be set – securing the value of the
business?
- What KPIs could be set – rates achieved against the benchmark?
Investment of liquid resources
- What are the objectives of this activity?
- What is the typical scope of the policy?
- What is the policy content?
- What processes are required by the policies?
- What KPIs could be set for safety?
- What KPIs could be set for liquidity?
- What KPIs could be set for yield?
- What KPIs could be set for visibility and mobilisation?
Borrowing
- What exactly is borrowing?
- What are the objectives of this activity?
- What is the typical policy scope?
- What is the policy content?
- What processes are required by the policies?
- What KPIs could be set?