Certificate in Treasury and Cash Management. Contents are subject to change. For the latest updates visit

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1 Certificate in Treasury and Cash Page 1 of 12

2 Why Attend It is essential for every organization to effectively utilize its funds and manage its exposure to key risks arising from fluctuations in interest rates and foreign exchange rates. The certificate in treasury and cash management course examines the important roles of corporate treasury in managing cash flow and liquidity, working capital, accessing debt financing and managing capital. This course provides professionals with a sound understanding of tools and techniques required for effectively managing the various aspects of treasury risk. Course Methodology The course uses a mix of interactive techniques, such as brief presentations by the consultant, application of theories presented by the consultant and group exercises to exchange experience and apply knowledge acquired throughout the course. Course Objectives 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 Target Audience Treasury professionals, financial professionals, finance managers, corporate controllers, financial controllers, chief accountants, accounting managers, senior accountants, banking professionals, back-office managers, traders and dealers, finance regulators and corporate business professionals. Target Competencies Treasury management Cash management Risk analysis Risk management Equity valuation Fixed income valuation Hedging Accounting for financial instruments Course Outline Introduction to the treasury function Definition and responsibilities of the treasury function Treasury professionals role Risks surrounding the treasury function: Credit and interest rate risk Liquidity risk and exchange rate risk 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 Page 2 of 12

3 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 Page 3 of 12

4 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 Page 4 of 12

5 Associations National Association of State Boards of Accountancy (NASBA) : Meirc Training & Consulting is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website Meirc Professional Certificate (MPC) MPC certified courses by Meirc Training & Consulting are designed for those willing to challenge themselves and go the extra distance. Participants who fully attend an MPC course and successfully complete the test on the last day, will receive a Meirc Professional Certificate (MPC), in addition to the one they receive for full attendance. MPC certificates are regionally recognized and can be quite valuable when applying for more senior roles within the organization or outside. Location & Date Mar, 2019 To be assigned 29 Sep - 3 Oct, 2019 Riyadh To be assigned 3-7 Nov, 2019 To be assigned : US$ (including coffee breaks and a buffet lunch daily) Per participant Per participant VAT as applicable Tax Registration Number Page 5 of 12

6 23-27 Sep, 2018 Accounts Receivable and Credit Policies Sep, Sep - 4 Oct, Oct, 2018 Financial Controller Bootcamp Beirut US$ Oct, Oct, 2018 Financial Modeling Workshop Using Excel 7-11 Oct, 2018 Payroll: Preparation, Analysis and Oct, 2018 Certificate in Cost Analysis and Control Oct, 2018 Efficient Finance and Accounting Operations: 2018 Best Practices and Updates Oct, 2018 Financial Acumen: Roadmap to Business Success Oct, 2018 Accounts Payable: From Accounting to Oct, 2018 Business Reports and Dashboards Using Excel Oct, 2018 IFRS in Saudi Arabia: Compliance with SOCPA Riyadh Oct, 2018 Professional Accounting Certificate 28 Oct - 1 Nov, 2018 Certificate in Financial 28 Oct - 1 Nov, Nov, 2018 Policies and Procedures 4-8 Nov, Nov, 2018 Managing the Collections and Credit Control Team 4-8 Nov, 2018 Professional Skills for Finance and Accounting Nov, 2018 Accounts Receivable and Credit Policies Nov, 2018 Advanced Budgeting Workshop Nov, 2018 Innovative Cost Savings Strategies Nov, 2018 International Financial Reporting Standards (IFRS) and 2018 Updates Nov, 2018 Certificate in Fixed Assets Accounting and Page 6 of 12

7 18-22 Nov, 2018 Financial Controller Workshop Nov, 2018 Preparing Financial Statements and the Annual Report Nov, 2018 Certificate in Advanced Financial Modeling Nov, 2018 Certified Corporate Financial Planning & Analysis Professional (Cert FP&A): Preparation Course - Part Dec, 2018 Accounting for Non-Accountants 2-6 Dec, Dec, 2018 Accounts Payable: From Accounting to 9-13 Dec, 2018 Corporate Finance Workshop 9-13 Dec, 2018 Fast Closing Monthly and Year-End Accounts 9-13 Dec, 2018 Payroll: Preparation, Analysis and Dec, Dec, 2018 Efficient Finance and Accounting Operations: 2018 Best Practices and Updates Dec, Dec, 2018 Next Generation Excel: Advanced Business and Financial Reporting Dec, Dec, 2018 Financial Analysis Workshop 6-7 Jan, 2019 Basic Mechanics and Accounting for VAT US$ Jan, Feb, 2019 Financial Modeling Workshop Using Excel Feb, 2019 Accounts Payable: Accounting and Best Practices Feb, Feb, Feb, 2019 Accounts Receivable and Credit Policies Feb, 2019 Certificate in Professional Accounting Feb, 2019 Certified Financial Manager Feb, 2019 Dynamic Business Reports and Dashboards Page 7 of 12

8 Using Excel Feb, 2019 Financial Acumen: Roadmap to Business Success 3-7 Mar, 2019 Accounting for Non-Accountants 3-7 Mar, 2019 Certificate in Cost Analysis, Control and Optimization Mar, 2019 Certificate in Accounting and Financial Control Mar, 2019 Financial Analysis Workshop Mar, 2019 Payroll: Preparation, Analysis and Mar, 2019 Efficient Finance and Accounting Operations: 2019 Best Practices and Updates Mar, 2019 International Financial Reporting Standards (IFRS) and 2019 Updates Mar, 2019 Managing the Collections and Credit Control Team Mar, 2019 Preparing Financial Statements and the Annual Report Mar, 2019 Certificate in Fixed Assets Accounting and Mar, 2019 Certificate in Advanced Financial Modeling Mar, 2019 Fast Closing Monthly and Year-End Accounts 31 Mar - 4 Apr, Apr, Apr, 2019 Professional Skills for Finance and Accounting Apr, 2019 Policies and Procedures Apr, 2019 Preparation for Certificate in Financial Planning & Analysis (Cert FP&A) Apr, 2019 Certificate in International Financial Reporting Standards (CertIFR): Preparation Course Apr, 2019 Next Generation Excel: Advanced Business and Financial Reporting Apr, 2019 Certificate in Advanced Budgeting and Forecasting Apr, 2019 Cairo Page 8 of 12

9 28 Apr - 2 May, 2019 Efficient Finance and Accounting Operations: 2019 Best Practices and Updates 28 Apr - 2 May, Jun, 2019 Certificate in Advanced Financial Modeling 9-13 Jun, Jun, 2019 Accounts Payable: Accounting and Best Practices Jun, Jun, Jun, 2019 Advanced Excel: Power Query, Power Pivots and Macros Jun, Jul, 2019 Certified Financial Manager Jul, 2019 Certificate in Advanced Budgeting and Forecasting Jul, 2019 Fast Closing Monthly and Year-End Accounts 28 Jul - 1 Aug, 2019 Financial Modeling Workshop Using Excel 4-8 Aug, Aug, Aug, 2019 Istanbul Aug, 2019 Forecasting and Analyzing Cash Flow 1-5 Sep, 2019 Accounting for Non-Accountants 1-5 Sep, 2019 Dynamic Business Reports and Dashboards Using Excel 4-6 Sep, 2019 : A Hands-On Workshop Beirut US$ Sep, 2019 Corporate Finance Workshop 8-12 Sep, 2019 Efficient Finance and Accounting Operations: 2019 Best Practices and Updates Abu Dhabi 8-12 Sep, 2019 Financial Analysis Workshop 8-12 Sep, 2019 Payroll: Preparation, Analysis and Sep, 2019 Accounts Receivable and Credit Policies Sep, 2019 International Financial Reporting Standards Page 9 of 12

10 (IFRS) and 2019 Updates Sep, 2019 Professional Skills for Finance and Accounting Istanbul Sep, 2019 Certificate in Accounting and Financial Control Sep, 2019 Financial Acumen: Roadmap to Business Success 29 Sep - 3 Oct, 2019 Reporting for Business Performance Review 6-10 Oct, Oct, Oct, 2019 Preparing Financial Statements and the Annual Report Oct, 2019 Fast Closing Monthly and Year-End Accounts Oct, 2019 Next Generation Excel: Advanced Business and Financial Reporting Oct, 2019 Accounts Payable: Accounting and Best Practices Riyadh Oct, Oct, 2019 Financial Forecasting: Tools and Techniques Oct, 2019 Managing the Collections and Credit Control Team Oct, Oct, 2019 Innovative Cost Savings Strategies 3-7 Nov, 2019 Trade Finance, Letters of Credit and Bank Guarantees Nov, 2019 Certificate in Advanced Budgeting and Forecasting Nov, 2019 Certificate in Advanced Financial Modeling Nov, 2019 Certificate in International Financial Reporting Standards (CertIFR): Preparation Course Nov, 2019 Payroll: Preparation, Analysis and Nov, 2019 Accounts Payable: Accounting and Best Practices Nov, Nov, 2019 Certificate in Fixed Assets Accounting and Page 10 of 12

11 24-28 Nov, 2019 Advanced Excel: Power Query, Power Pivots and Macros Nov, Nov, 2019 Forecasting and Analyzing Cash Flow 1-5 Dec, 2019 Efficient Finance and Accounting Operations: 2019 Best Practices and Updates 8-12 Dec, 2019 Accounts Receivable and Credit Policies 8-12 Dec, 2019 International Financial Reporting Standards (IFRS) and 2019 Updates 8-12 Dec, 2019 Professional Skills for Finance and Accounting Dec, 2019 Policies and Procedures Dec, Dec, Dec, 2019 Certificate in Cost Analysis, Control and Optimization Dec, Dec, 2019 Page 11 of 12

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