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TREASURY FUNCTION | CASH STRATEGY | CASH MANAGEMENT |CASH FLOW FORECASTING| TREASURY DEPARTMENT RISK



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TREASURY FUNCTION AND THE ROLE OF A TREASURER IN A TREASURY DEPARTMENT WE HAD EARLIER LOOKED AT THE THREE DECISIONS OF A FINANCE MANAGER AND IMMEDIATELY AFTER NOW WE'LL BE LOOKING AT TREASURY FUNCTION ALSO BUT HOW TO FORECAST AND CASH FLOW FORECASTING AND CASH MANAGEMENT IS WHAT WE'LL BE LOOKING AT NEXT SO LET US GO TO THE TOPIC RIGHT AWAY THE TREASURY FUNCTION BASICALLY WE ARE GOING TO DIVIDE THIS VIDEO INTO TWO PARTS WE'LL BE LOOKING AT THE FUNCTION THEN WE'LL LOOK AT AREAS SUBTROPICS UNDER THE TREASURY FUNCTION DON'T FORGET THAT WE ARE LOOKING AT THE STRATEGIC FINANCIAL MANAGEMENT SO UNDER TREASURY FUNCTION WHAT ARE WE GOING TO LEARN ABOUT WE NEED TO KNOW THE RULES WHICH RIGHT ABOUT NOW WILL BE DEALING WITH OF OUR TREASURER THEN WE MOVE ON LIKE I SAID WHILE INTRODUCING THIS VIDEO CASH FLOW FORECASTING AND CASH MANAGEMENT WILL BE OUR NEXT VIDEO WE'LL BE TALKING ABOUT CASH FLOW AND CASH GENERALLY WHEN WE'RE TALKING ABOUT TREASURY FIRST THING THAT WILL COME TO ANYBODY'S MIND IS ABOUT CASH CASH, THEN AFTER NOW WE'LL DISCUSS THE FINANCING LONG-TERM AND SHORT-TERM INVESTMENTS AND HOW TO MANAGE CASH FOR LONG-TERM PROJECTS AND THE LIKE THEN HOW TO SOURCE THE FUNDS WE ARE GOING TO LOOK AT LONG-TERM FINANCING SHORT-TERM FINANCING FINANCIAL RISK MANAGEMENT PART OF TREASURY FUNCTION POSSIBLE RISK OF OPERATING A TREASURY DEPARTMENT I WANT TO BELIEVE YOU KNOW THAT NOT ALL ORGANIZATIONS ARE BIG ENOUGH TO HAVE A TREASURY DEPARTMENT BUT FOR ORGANIZATIONS THAT DO WE NEED TO KNOW THE POSSIBLE RISKS THAT WE MAY NEED TO MANAGE WHILE WE HAVE OUR TREASURY DEPARTMENT OF COURSE WE ARE GOING TO LOOK AT TREASURY DEPARTMENTS ESPECIALLY IF THAT ORGANIZATION WANTS TO WANT THAT DEPARTMENT TO RUN US A PROFIT CENTER DO WE STILL REMEMBER OUR COST COSTING DAYS YEAH WE NEED TO BRING OUR COST EXPERIENCE TO BEAR NOW WHEN WE ARE TALKING ABOUT A COST OF COST CENTER PROFIT CENTER SO LET US QUICKLY LOOK AT THE ROLE OF A TREASURER OR THE TREASURY FUNCTION THE TREASURY FUNCTION ACTUALLY IS A SPECIALIST FUNCTION AND WHAT THEY DO IN THE DEPARTMENT IS TO MANAGE CASH YOU CAN SAY IS CASH THAT DIFFICULT TO MANAGE? CASH IS MUST BE MANAGED LIKE THERE ARE THERE ARE LOSS OF MONEY AND EVERYBODY HAS MONEY ONE WAY OR THE OTHER IN THEIR HANDS BUT THERE ARE LAWS THERE ARE RULES THAT ACTUALLY GOVERN MONEY MAYBE SOME OF THIS DAY I'M GOING TO DIVE INTO THAT AND WE LOOK AT THE LAWS OF MONEY BUT LET US LOOK AT TREASURY DEPARTMENT NOW SO CASH MUST BE MANAGED INVARIABLY THAT'S WHAT I MEAN A PROPER TREASURY FUNCTION WILL REGULARLY PRODUCE CASH FLOW FORECASTS TO PREDICT SURPLUS OR SURPLUSES AND DEFICITS THAT IS SHORT FORM SO SHORT FOR INVARIABLY COULD BE FORECAST AHEAD AND SURPLUS COULD BE ENVISAGED IT DOESN'T REALLY MATTER IS HOW WE MANAGE IT THAT ACTUALLY MATTER SO A TREASURY FUNCTION ONE OF ITS ONE OF THEIR ROLE IS TO ENSURE WE HAVE A FOCUS IN FORM OF A BUDGET OF AN ORGANIZATION MUST BE PRESENTED SO THAT MEANS THAT THEY MUST ALWAYS LOOK AHEAD OF THE BUSINESS AND SEE THROUGH ITS CASH NEED AND THE LIKE DON'T LET ME GO AHEAD OF THE TOPIC LET'S PICK IT ONE BY ONE AND DIGEST IT ANOTHER ROLE OF A TREASURE FUNCTION IS THAT THEY ARRANGE YOUR TERM BORROWING AND INVEST WHEN NECESSARY THEY ARRANGE FOR SHORT-TERM BORROWING SO WHO ARE WE BORROWING FROM ARE THEY PRIVATE ORGANIZATIONS ARE THEY PRIVATE PERSONS ARE THEY CORPORATE ORGANIZATIONS AND THEY LIKE WE MUST KNOW AND MANAGE IT AS TREASURERS AND THEN IF WE HAVE SURPLUS FOR ANY REASON WE MUST KNOW HOW TO INVEST IT TO MEET OUR NEEDS IN THE NEAREST FUTURE AND ACCOMMODATE OUR BUSINESS FUNCTION ALSO WE MUST DEAL WITH THE ENTITIES BANKS AND BANKERS WE MUST BE ABLE TO DEAL WITH BANKERS UNDERSTAND THE BANKING LANGUAGE UNDERSTAND THE BANKER'S LANGUAGE UNDERSTAND WHAT TO DO AND WHAT NOT TO DO TO POSITION AND REPOSITION OUR ORGANIZATION TO ENJOY AND ALWAYS HAVE CASH AT AND WHEN I SAY CASH ATTEND I I DO NOT REALLY MEAN THE ONE THAT WE HAVE ON THE STATEMENT OF FINANCIAL POSITION AT YEAR END OR MONTH END I MEAN THAT WE SHOULD ALWAYS BE LIQUID TO ENSURE THE ORGANIZATION IS LIQUID WE MUST HAVE A RELATIONSHIP AND HOW TO DEVELOP RELATIONSHIP WITH OUR BANKERS ON BEHALF OF OUR ORGANIZATION THEN FINANCE THE BUSINESS ON A DAY-TO-DAY BASIS SO AS A TREASURER WE MUST KNOW AS TREASURERS WE MUST KNOW OUR BUSINESS IN AND HOW TO BE ABLE TO DEAL WITH IT AND MEET THE NEED CASH NEED ON DAILY BASIS DON'T FORGET THAT AN ORGANIZATION THAT IS GOING TO HAVE A TREASURY WILL BE A BIT LARGE AND THEREFORE WE MUST HAVE A GOOD OVERSIGHT AND GOOD WORKING RELATIONSHIP WITH OUR COLLEAGUES WITH THE MANAGERS WITH THE EXECUTIVES IN DIFFERENT AREAS DIFFERENT NATIONS DIFFERENT JURISDICTION AND THE LIKE BECAUSE THEY ARE GOING TO BE REACHING OUT TO THESE DEPARTMENT TREASURY DEPARTMENTS SO WE MUST BE ABLE TO FINANCE ON DAY-TO-DAY BASIS WE MUST BE ABLE TO ARRANGE FACILITY FOR THEM WITH A BANK ALSO MUST BE ABLE TO ADVISE #G #GJA #SFM #GJAMESASSOCIATES #CASH #CASHFLOW CONTACT: GJAMES ASSOCIATES ON
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Management
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