Gentlemen: training Department

Greetings

The International Training &Consultation Center is pleased to invite you to attend the training program, the information required are in the following:

Treasury and Cash Management

Objective
By the end of the course, participants will be able to:

  • Describe and explain the roles of corporate treasury management and the treasury function
  • Apply up-to-date practices covering asset liability management and cash management techniques
  • Develop a practical understanding of financial markets and their products
  • Recognize and correctly measure financial instruments under International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP)
  • Describe fair value measurement and explain its effect on financial instruments’ presentation
  • Explain hedging and speculation, and distinguish between the different hedging techniques applied by the treasury function

Content
Introduction to the treasury function

  • Definition and responsibilities of the treasury function
  • Treasury function as part of Organizational Structure
  • Treasury professionals’ role
  • Strategic challenges for treasurers in organizations
  • Risks surrounding the treasury function:
  • Market risks: interest rate risk, FX risk, equity price risk, commodity price risk
  • Liquidity risk
  • Credit risk
  • Other risks

Cash and liquidity management

  • Asset and liability management versus treasury management
  • Understanding the cash cycle
  • Reasons for holding cash: transaction, precautionary and speculative
  • The optimum cash balance:
  • Baumol’s model
  • Miller-Orr model
  • Managing and accelerating collections
  • Managing and decelerating disbursements
  • Ratio analysis for decision making
  • Days sales outstanding versus credit term
  • Days inventory on hand versus lead time
  • Days of payables
  • Cash conversion cycle

Corporate finance theory

  • The time value of money
  • Steps in the investment management process
  • Calculating holding period return
  • Risk and return concepts
  • Calculating mean of returns
  • Variance and standard deviation as a measure of risk
  • Covariance and correlation of returns for two securities
  • Interpreting correlation of returns

Fixed income securities and bonds’ valuations

  • The money market and instruments
  • The debt market
  • Bonds and Sukuk
  • Risks associated with the debt market
  • Credit risk
  • Prepayment risk
  • Interest rate risk
  • Bonds’ valuation techniques
  • Price and maturity relations

Stock market and equity valuations

  • The equity instruments: IPOs, seasoned offerings and private equities
  • Holding period returns for equity securities
  • Equity valuation techniques
  • Discounted cash flow model
  • Multiplier model

Accounting for investments: recognition, impairment and hedge accounting ​

  • Type of investment securities
  • Classification under IFRS 9: Fair Value Through Profit or Loss (FVTPL), Fair Value Through Other Comprehensive income (FVTOCI), amortized cost
  • Initial recognition and subsequent measurement
  • Transfer between categories
  • Impairment of financial assets under the new standard
  • Expected credit loss model
  • Initial recognition of expected credit loss
  • Stage 1,2 and 3 evaluation
  • Briefing on hedge accounting under IFRS 9
  • Conditions for hedge accounting
  • Fair value hedge and cash flow hedge

Briefing on derivatives markets, hedging and speculation

  • Definition of derivatives: forwards, futures, options and swaps
  • Difference between hedging and speculation
  • General internal hedging strategies
  • Investing in the home currency
  • Creating a natural hedge
  • Currency diversification
  • Mark-ups
  • Counter trades and currency offsets
















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Treasury and Cash Management

Discount for groups

The cost of the program include the following

  • The training package.
  • Certificates in Arabic and English for each participant.
  • Training tools (projector, pens and writing papers).
  • Evaluations.
  • The instructor.
  • The training hall.
  • Airport transfers.

Payment Information

  • Payment by bank check on behalf of the International Training &Consultation Center.
  • Payment by funds transfer.
  • Cash.

Registration & Contact information

  • Please sent confirmation letter for attending, to the following contacts:


  • amal@itcegy.com
  • Training Advisor
  • 00201110056192




If you would like any further information, please don't hesitate to contact me.

Training Advisor| amal abdlulrhman
Mob| 00201110056192
E-Mail| amal@itcegy.com
With respect