What follows is the second of 8 lessons on “Managing the Modern Treasury”.

For those interested in the treasury function these lessons should be considered introductory in that they cannot replicate in detail all of the knowledge needed to manage today’s complex multinational company that is continually buffeted by ever changing business conditions, many of which are outside of its direct control.

Just like any series each lesson builds on the one before it, culminating in the last lesson which includes action steps which will improve a company’s performance by giving it a multi-dimensional view of performance that goes beyond earnings.

Let’s continue our look at the treasury function by learning about the policies that form the backbone of any modern treasury.

In addition, we learn how these policies should be integrated into the company’s goals (e.g. return to investors, market positions, etc.) within the context of market forces (e.g. competitors, capital market conditions, regulatory forces, etc).

Even for companies without a formal treasury function it is important that policies similar to the ones we are about to discuss be formally adopted within the company so there are responsible parties (e.g CFO) for issues associated with liquidity and risk, the business of treasury.

Learning Objectives
  • Explore and understand the performance goals of a company.
  • Recognize the need to integrate treasury policies with a company’s performance goals.
  • Recognize the attributes of “good” treasury policies.
  • Identify the 6 major policies which guide a treasury function.
Last updated/reviewed: June 27, 2024
Prerequisites
Course Complexity: Foundational

No advanced preparation or prerequisites are required for this course.

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 Syllabus
INTRODUCTION AND OVERVIEW
  Learning Objectives3:16
  Attributes of GOOD Treasury Policy3:28
  Key Policies for Treasury- Cash Management9:32
  Key Policies - Debt Policy9:04
  Key Policies - Investment Policy8:32
  Key Policies - Risk Management Policy7:08
  Key Policies - Bank Relationship Policy5:20
  Key Policies - Relationship with Other Internal Parties9:42
  Summary0:50
CONTINUOUS PLAY
  Managing the Modern Treasury: Understating the Major Treasury Policies56:52
SUPPORTING MATERIAL
  Slides: Managing the Modern Treasury: Understating the Major Treasury PoliciesPDF
  Managing the Modern Treasury: Understating the Major Treasury Policies Glossary/ IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam