Introduction
The
recent, massive banking crisis that 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. This
comprehensive programme will examine the following financial management
functions:
- Treasury
management – the varying roles, functions, responsibilities and techniques
of ensuring organizational liquidity and profitability
- Risk management
– tools and techniques, along with best practices, to minimize or
eliminate interest rate and exchange rate risks as well as commodity
pricing risks utilizing the best available internal and external hedging
instruments
- Cash management
– analyzing and understanding liquidity and portfolio investment returns
Objectives
- Understanding
the roles, responsibilities, tools and strategies associated with
treasury management, including international best practices and procedures
- Enhancing
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
- Understand the
basic concepts of cash management in order to enhance organizational cash
flows and maximize portfolio investment returns