The Treasury Cycle of a business is focused on the functions that are related to its capital funds. The function of the Treasury Cycle begins with the recognition of the cash requirements of the business. It also includes the distribution of cash to current operations, and ends with the return of cash to stake holders and creditors. A standard Treasury Cycle will include activities such as:

  • Interactions with financial institutions
  • Stakeholder relationships
  • Cash and investment management
  • Accrual and payment of interest and dividends
  • Physical custody of cash and securities

Most of the functions associated with a Treasury Cycle are performed by the Treasurer’s Office in a corporate organization.

Course Key Concepts: Internal Accounting Controls, SOX 404, ICFR, Internal Control over Financial Reporting, Independent Public Accountants, Internal Auditors, Business Cycles, Treasury, Expenditure, Purchasing, Payroll, Conversion, Revenue.

Learning Objectives
  • Discover and understand the objectives and limitations of Treasury Cycle Accounting Controls.
  • Explore the process for risk assessing Treasury Cycle Accounting Controls.
  • Recognize the importance of Treasury Cycle Accounting Control Goals.
Last updated/reviewed: October 21, 2024

Included In Certifications

This course is included in the following Certification Programs:

7 CoursesAssessing Business Cycle Accounting Controls Certification

  1. A Framework for Assessing Business Cycle Accounting Controls - Introduction
  2. A Framework for Assessing Business Cycle Accounting Controls – Treasury Cycle
  3. A Framework for Assessing Business Cycle Accounting Controls - Expenditure Cycle - Purchasing
  4. A Framework for Assessing Business Cycle Accounting Controls - Expenditure Cycle - Payroll
  5. A Framework for Assessing Business Cycle Accounting Controls - Conversion Cycle
  6. A Framework for Assessing Business Cycle Accounting Controls - Revenue Cycle
  7. A Framework for Assessing Business Cycle Accounting Controls - Financial Reporting Cycle
Prerequisites
Course Complexity: Foundational

No advanced preparation or prerequisites are required for this course.  Students should have a basic knowledge of accounting principles and terminology.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
  Course Overview CPE
Course Syllabus
INTRODUCTION AND OVERVIEW
  Course Outline1:16
  Revisit The Concept of Internal Controls10:46
  The Treasury Business Cycle - Typical Functions and Impacts4:48
  Treasury Cycle Control Goals - Goal 1 and 26:50
  Treasury Cycle Control Goal 3 - 99:42
  Treasury Cycle Control Goal 10 - 1411:04
  Conclusion0:24
CONTINUOUS PLAY
  A Framework for Assessing Business Cycle Accounting Controls – Treasury Cycle44:50
SUPPORTING MATERIAL
  Slides: A Framework for Assessing Business Cycle Accounting Controls – Treasury CyclePDF
  A Framework for Assessing Business Cycle Accounting Controls – Treasury Cycle Glossary/ IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam