Treasury is a key finance function that is vital to the financial health and success of every business, large or small. The treasury function has evolved from traditional cash and liquidity management to a more strategic function encompassing broader working capital, corporate finance and risk management activities. Treasury involves the management of money and financial risks in a business. Its priority is to ensure the business has the money it needs to manage its day-to-day business obligations, while also helping develop its long term financial strategy and policies. This course will provide treasury professionals and financial managers with an understanding of the treasury function, and how to apply the fundamental principles of the treasury function within the finance department of their organizations. Participants will work through detailed calculations (e.g. components of WACC, foreign exchange contracts, financial modeling, impacts of COVID-19 on treasury), case studies, and examples.

It's the treasury professional's role to identify, assess and manage liquidity and financial risks so they support the business's objectives. You'll also help to identify and create new opportunities that could benefit the business.

This course is being offered to provide treasury professionals and financial managers alike that are looking to gain an understanding of the treasury function, and apply the fundamental principles of the treasury function within the finance department of their organizations.

Topics Include:

• The corporate treasury function
• Financial planning and analysis
• Financial modelling
• Working capital management
• Cash flow management and Capital markets
• Treasury operation and control
• Derivatives

NOTE: No updates or changes were made to the 2024 version of this course. If you completed the course in 2022 or 2023, please be advised the 2024 course material has not changed. If you have any questions, please contact pdevents@cpaontario.ca.

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Upon completing this course, you will be able to:

• Work through detailed calculations on the components of WACC, hedging strategies (foreign exchange and interest rate), and financial modelling concepts.
• Understand principles learned through case studies and business examples, including bank relationship management and credit agreements, pulling together WACC calculations, reviewing borrowing and investing strategies, understanding cash management structures, and the preparation of financial models to forecast financial statements, cash flow and apply cash flow management strategies, including impacts of COVID-19.
• Recommend changes to a Treasury's Department policies, operations and control.