Effective Treasury Management
Accounting and Finance
Training
Provided by Ethan Hathaway
By the end of this 3-day workshop, you will be able to:
* Implement an effective treasury management policy
* Manage the treasury function in both a banking and a corporate environment
* Understand the analytical framework of interest rate and foreign exchange risk management
* Confidently apply financial derivatives as risk management instruments
* Develop familiarity with Value at Risk (VaR) concepts and application
* Understand important regulatory developments relevant to the treasury function
Key features of this workshop:
* Interest rate and foreign exchange risk management principles exposed
* Key treasury financial control issues pinpointed
* International financial markets interdependencies clarified
* Financial markets jargon demystified
* Implement an effective treasury management policy
* Manage the treasury function in both a banking and a corporate environment
* Understand the analytical framework of interest rate and foreign exchange risk management
* Confidently apply financial derivatives as risk management instruments
* Develop familiarity with Value at Risk (VaR) concepts and application
* Understand important regulatory developments relevant to the treasury function
Key features of this workshop:
* Interest rate and foreign exchange risk management principles exposed
* Key treasury financial control issues pinpointed
* International financial markets interdependencies clarified
* Financial markets jargon demystified
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Effective Treasury Management
DAY ONE
TREASURY POLICY SETTING AND FINANCIAL MANAGEMENT
The treasury management environment
Setting objectives
Treasury management issues
Structural considerations
Strategy
Policy formulation and implementation
Vital treasury limits and controls
Money markets and liquidity management
Liquidity assessment
Yield curves
Forward curves
Market dealing practice
Investment policy
Counterparty risk
Credit ratings
Finance
Cash forecasting
Optimal capital structure - appropriate debt to equity ratio
Medium and long term debt
DAY TWO
MANAGING FUNDAMENTAL TREASURY RISKS
Managing interest rate risk
Interest rate risk identification
Interest rate hedging instruments
* futures
* forward rate agreements
* swaps
* options: caps, collars, floors
Managing foreign exchange risk
Spot foreign exchange
Forward foreign exchange contracts
Dealing in foreign exchange markets
* spot
* forward
* cross rates
Non-deliverable forwards (NDFs)
Foreign exchange market swaps
* spot against forward
* forward-forward
Currency options
Managing commodity price risk
Commodity derivatives
Capital markets transactions
Long term swaps
* rationale
* interest rate swaps
* cross-currency swaps
DAY THREE
ASSET AND LIABILITY MANAGEMENT
AND TREASURY PERFORMANCE MEASUREMENT
Asset and liability management
Managing working capital and liquidity
Debt management
Capital adequacy considerations:
* sources of capital
* liquidity indices and ratios
* gap analysis
* duration analysis
Credit risk
Treasury performance measurement
Defining benchmarks
Mark-to-market
Value at Risk (VaR)
Implications of IAS 39
* fair value accounting
* transaction valuations
* establishing hedge effectiveness tests
Who should attend?
* Corporate, institutional and banking treasurers
* Financial risk managers
* Portfolio managers
* Treasury middle office personnel
* Treasury operations personnel
* Treasury auditors
* Funding managers
* Financial controllers, accountants and analysts
* Investment bankers
* Regulatory and compliance personnel
What you will need to bring
Please bring to the course a financial calculator.
What have others said about John Rush?
"...John Rush's ability to explain in easily comprehended terms otherwise complex financial exposure management. His ability to do this from the viewpoint of both the corporation and the financial institution is based on many years practical experience. He is a most accomplished presenter with a great depth of financial markets knowledge." - Mary Ann Dowling, Managing Associate, Global Financial Risk Management, International Big 6 Accounting Firm (New York, USA)
"...John's workshop presentation style, while always authoritative, encourages questioning and interaction amongst participants. His techniques also remain highly effective in a non-Western cultural environment." - Thomas N Huse, Vice President, Training Services, Bank of America (San Francisco, USA)
Can't attend the scheduled dates?
No problem. This course is also available to be conducted on an in-house basis where, when and tailored to how you want it.
You can gather a group of your colleagues or invite your clients, all you need is a group of 7 or more.
Find out more about running any one of our courses in-house.
Stay within your budget
We have various ways for you to save on the course fees so you can stay within your given budget:
* Group discounts: Register 3 colleagues (and/or clients) or more and you can save
* Register early before the Early Bird deadlines and we'll reward you for it
Each course is different (i.e. not all discounts are offered for every course) so refer to the course brochure for further details.
Limited to 25 people
Ethan Hathaway courses are limited to a maximum of 25 seats per course. Why? We believe any class size over 25 reduces the quality of the course and the experience that you, as a delegate will have.
This means you have a better chance to ask questions relating to your job and organisation and you're not stuffed into a small room full of people.
Register early and get your approval as soon as possible so you can secure one of these limited 25 seats.
What will you get for your investment?
* First rate, carefully selected international trainer specifically flown in to teach you
* A comfortable and professional venue
* Delicious cuisine lunch and refreshments served to you daily (Vegetarian meals are available for those who request it)
* Full set of course and reference materials
* A prestigious certificate of completion
* Priceless experience and advice that will last you your whole career (more than just a lecture)
* Sharing of experiences
* Meeting your peers, making new friends and meeting colleagues from all over the world
No-Risk Guarantee
We want you to come away from Ethan Hathaway courses with useful information, knowledge and the satisfaction of having chosen Ethan Hathaway.
If you attend an Ethan Hathaway course, we expect you to be able to come away with at least one piece of information that you can take away with you and be able to apply to your job or to help you perform better.
If you don't find at least one piece of course information useful to you (after having carefully read the course details prior to registering), or the quality of the course is not up to an acceptable standard, please let us know and you may attend another one of our courses of your choosing for free (we know you're nice enough to give us a second chance) or we'll refund your full course fee back to you and the course materials are yours to keep.
Either way you're guaranteed to be happy with your experience.
Why Ethan Hathaway?
* Practical. Learn from experienced industry practitioners and what's being practiced by your peers.
* Applicable. Apply what you learn in your job and your career
* Valuable. Earn more revenue or save your organisation from monetary loss . You and your organisation will quickly earn back your investment on the course fee and more
* Enjoyable. Speakers who have a passion for their topic
* Clear. Turning complex concepts into easy to understand concepts
TREASURY POLICY SETTING AND FINANCIAL MANAGEMENT
The treasury management environment
Setting objectives
Treasury management issues
Structural considerations
Strategy
Policy formulation and implementation
Vital treasury limits and controls
Money markets and liquidity management
Liquidity assessment
Yield curves
Forward curves
Market dealing practice
Investment policy
Counterparty risk
Credit ratings
Finance
Cash forecasting
Optimal capital structure - appropriate debt to equity ratio
Medium and long term debt
DAY TWO
MANAGING FUNDAMENTAL TREASURY RISKS
Managing interest rate risk
Interest rate risk identification
Interest rate hedging instruments
* futures
* forward rate agreements
* swaps
* options: caps, collars, floors
Managing foreign exchange risk
Spot foreign exchange
Forward foreign exchange contracts
Dealing in foreign exchange markets
* spot
* forward
* cross rates
Non-deliverable forwards (NDFs)
Foreign exchange market swaps
* spot against forward
* forward-forward
Currency options
Managing commodity price risk
Commodity derivatives
Capital markets transactions
Long term swaps
* rationale
* interest rate swaps
* cross-currency swaps
DAY THREE
ASSET AND LIABILITY MANAGEMENT
AND TREASURY PERFORMANCE MEASUREMENT
Asset and liability management
Managing working capital and liquidity
Debt management
Capital adequacy considerations:
* sources of capital
* liquidity indices and ratios
* gap analysis
* duration analysis
Credit risk
Treasury performance measurement
Defining benchmarks
Mark-to-market
Value at Risk (VaR)
Implications of IAS 39
* fair value accounting
* transaction valuations
* establishing hedge effectiveness tests
Who should attend?
* Corporate, institutional and banking treasurers
* Financial risk managers
* Portfolio managers
* Treasury middle office personnel
* Treasury operations personnel
* Treasury auditors
* Funding managers
* Financial controllers, accountants and analysts
* Investment bankers
* Regulatory and compliance personnel
What you will need to bring
Please bring to the course a financial calculator.
What have others said about John Rush?
"...John Rush's ability to explain in easily comprehended terms otherwise complex financial exposure management. His ability to do this from the viewpoint of both the corporation and the financial institution is based on many years practical experience. He is a most accomplished presenter with a great depth of financial markets knowledge." - Mary Ann Dowling, Managing Associate, Global Financial Risk Management, International Big 6 Accounting Firm (New York, USA)
"...John's workshop presentation style, while always authoritative, encourages questioning and interaction amongst participants. His techniques also remain highly effective in a non-Western cultural environment." - Thomas N Huse, Vice President, Training Services, Bank of America (San Francisco, USA)
Can't attend the scheduled dates?
No problem. This course is also available to be conducted on an in-house basis where, when and tailored to how you want it.
You can gather a group of your colleagues or invite your clients, all you need is a group of 7 or more.
Find out more about running any one of our courses in-house.
Stay within your budget
We have various ways for you to save on the course fees so you can stay within your given budget:
* Group discounts: Register 3 colleagues (and/or clients) or more and you can save
* Register early before the Early Bird deadlines and we'll reward you for it
Each course is different (i.e. not all discounts are offered for every course) so refer to the course brochure for further details.
Limited to 25 people
Ethan Hathaway courses are limited to a maximum of 25 seats per course. Why? We believe any class size over 25 reduces the quality of the course and the experience that you, as a delegate will have.
This means you have a better chance to ask questions relating to your job and organisation and you're not stuffed into a small room full of people.
Register early and get your approval as soon as possible so you can secure one of these limited 25 seats.
What will you get for your investment?
* First rate, carefully selected international trainer specifically flown in to teach you
* A comfortable and professional venue
* Delicious cuisine lunch and refreshments served to you daily (Vegetarian meals are available for those who request it)
* Full set of course and reference materials
* A prestigious certificate of completion
* Priceless experience and advice that will last you your whole career (more than just a lecture)
* Sharing of experiences
* Meeting your peers, making new friends and meeting colleagues from all over the world
No-Risk Guarantee
We want you to come away from Ethan Hathaway courses with useful information, knowledge and the satisfaction of having chosen Ethan Hathaway.
If you attend an Ethan Hathaway course, we expect you to be able to come away with at least one piece of information that you can take away with you and be able to apply to your job or to help you perform better.
If you don't find at least one piece of course information useful to you (after having carefully read the course details prior to registering), or the quality of the course is not up to an acceptable standard, please let us know and you may attend another one of our courses of your choosing for free (we know you're nice enough to give us a second chance) or we'll refund your full course fee back to you and the course materials are yours to keep.
Either way you're guaranteed to be happy with your experience.
Why Ethan Hathaway?
* Practical. Learn from experienced industry practitioners and what's being practiced by your peers.
* Applicable. Apply what you learn in your job and your career
* Valuable. Earn more revenue or save your organisation from monetary loss . You and your organisation will quickly earn back your investment on the course fee and more
* Enjoyable. Speakers who have a passion for their topic
* Clear. Turning complex concepts into easy to understand concepts
About The Training Provider: Ethan Hathaway
Ethan Hathaway - We organise banking and finance training courses for banking and finance professionals. We cover topis such as capital markets, treasury, risk management, trade finance and more.
Course usually run between 2-4 days.
We presently run public programmes throughout the Asia-Pacific, Middle-East and Europe.
Ethan Hathaway organises interactive, practical, applicable and valuable professional...
