Cash Management

Quorum Training Ltd.
London, United Kingdom

Course Format: Classroom | E-learning | Virtual Class | Online | On-site | Blended | Self-paced

Course Description:

'' This is for everyone needing to know more about day-to-day cash management and getting the best rates from their banks. Looking at the basics including the company policy, essentials of forecasting, value dating, calculating interest costs, and various payment systems. Sweeping, pooling and netting will be discussed and this course will be useful for bankers, treasurers and their staff, cash managers, auditors, accountants, financial control, fund managers, bankers.

Programme

UNDERSTANDING CASH MANAGEMENT

Handling of payments and receipts
Moving money between accounts
What is ¡®float¡¯ and how do I reduce it?
Value-dating
Forecasting
CASH MANAGEMENT POLICY AND PROCEDURES

How much liquidity do we need and where do we source it?
Cost of liquidity
Trade off - safety vs liquidity vs yield
How often should we re-tender the business?
FORECASTING ¨C WHY BOTHER?

Timely, accurate, reliable in order to
~ Maximize earnings
~ Minimise funding
~ Have advance warning of problems
Range of forecasts:
~ Short (operational)
~ Medium (tactical)
~ Long (strategic)
CASH MANAGEMENT ESSENTIALS

The role and use of LIBOR, base, overnight
Interest calculations - day counts, accruals
Principles of value dating ¨C ¡®good value¡¯, back-interest and back-valuing
How payment is made - RTGS, BACS, CHAPS, CHIPS, SWIFT
CASH CONCENTRATION TECHNIQUES

Sweeping, pooling, netting
Target and zero balancing
INVESTING IN THE LONDON MARKET

Market participants and their motivations
Banks, brokers, building societies, corporates and institutions
The need for quality information
THE INVESTMENT SPECTRUM

Definition and key features of
~ Treasury bills
~ Certificates of deposits (CDs)
~ Term deposits
~ Commercial paper (CP)
~ Money market funds (MMF)
Applications and examples
INVESTOR RISK

How safe is my investment?
Investor protection
Which banks shall I use?
Understanding market signals
Use of credit ratings
Getting the best rates on the day
...''

Phone:+44 (0)20 7388 2044

School Address:

Quorum Training Ltd,
Tavistock House,
Tavistock Square,
London WC1H 9TW

Jobs & Resumes: London
Houses & Roommates: London

Interpreting Accounts
Interpreting IFRS Accounts
Practical Budgeting
Accounting for Fixed Assets
Accounting Principles for Banking and Treasury Staff
Trade and Export Finance
Credit Control Workshop
Debt Recovery Workshop
National Insurance Contributions
Payroll Workshop
Foreign Exchange Risk Management
Swaps Workshop
Options Workshop
Derivatives Fundamentals
Sarbanes-Oxley Act
Securities Markets
Asset Management
Hedge Fund
Fundamentals of Governance

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