TREASURY AND RISK MANAGEMENT

Introduction:

The role of Treasury and Risk Management is critical to the survival and viability of all leading corporate organizations. It has never been truer, despite the ever-increasing pace of regulatory, enforcement, technical and financial risk shifts.

Treasury management maintains sufficient liquidity to meet its commitments, while efficiently controlling payments, receipts and financial factors such as credit risk, oil price, exchange rate and interest rate risk. Furthermore, effective Treasury and Risk Management will enable companies to make informed and better strategic decisions, providing analysis, financing and risk evaluation. Therefore, the purpose of this training is to provide participants with the knowledge and skills to make an effective contribution to the role of Treasury and Risk Management.

Course Objectives:

At the end of this training, participants will be able to:

• Manage currency, liquidity and work capital in order to reduce financial costs and increase returns
• Recommend effective short- and long-term funding methodologies
• Evaluate prospects for the capital investment
• Determine and execute risk management plan for the organization
• Recommend decision making regarding hedging and risk management

Course Outline:

Day 1: The Role of Treasury Management – An Overview

• The Role & Scope of Treasury Management
• Operation & Location of a Treasury Department – Cost or Profit Centre; Centralized or Decentralized
• Cash & Liquidity Management
• Working Capital Management
• Capital / Finance Management
• Risk Management

Day 2: Cash & Liquidity Management – A Detailed Analysis

• Cash Forecasts: Role & Preparation
• Investment of Cash Surpluses to Maximize Return
• Meeting Cash Calls and Short-Term Cash Shortages / Short Term Finance
• Working Capital Management – Determining the Optimum Level
• Multi-national & Group Cash Management
• Cash Budgets: Process & Control

Day 3: Financing and Capital Management

• Strategic Objectives: Consolidation, Growth, M & A; Joint Ventures, Diversification, etc.
• Financing Strategic Objectives / Long Term Finance (Public & Private Equity vs. Buyer & Supplier Debt)
• Optimizing the Capital Structure to Minimize the Cost of Capital (WACC)
• The Capital Asset Pricing Model (CAPM)
• Capital Investment Appraisal – NPV; IRR, Payback
• Capital Rationing: Internal & External

Day 4: Risk Management

• Identifying Risks and Uncertainties – Internal & External; Financial & Non-Financial
• Measuring Risk – Volatility; Variance; Standard Deviation; Probability; Value at Risk
• Determining the Risk Management Strategy – Assessing Impact and Probability
• The 4 T’s – Tolerate; Terminate; Transfer; Treat
• Internal Controls & Internal Auditing
• Credit & Counterparty Risk Management

Day 5: Currency, Interest Rate & Commodity (Oil Price) Risk Management

• Forward Contracts and Forward Rate Agreements
• Options – Calls & Puts; European & American
• Futures – Market Correlation; Margin Payments, etc.
• Swaps – Currency & Interest Rate Risk and Benefits
• Foreign Currency Accounts Other Internal Methods / Tactics
• Foreign Currency Borrowing

Who Should Attend?

• Practitioners in Treasury and Risk Management
• People with the responsibility of making Financial Decisions
• Managers and people with Financial Responsibilities
• Practitioners who act on someone else’s financial decision
• Practitioners with a finance passion and the latest trends in the industry

Delivery Method: Lectures, discussions, syndicate work, case studies, role – play and group exercises. Audio – Visual aids will be used to reinforce these training and learning methods.

Venue: Ghana

Fee: $5,000.00

Duration: 1 Week

Date: Oct 2nd – 6^th 2023