Home
0
Home
Use Landscape to see Search/Filter
Item Types:
Field of Study:
Authors:
CPE Hours:
Keyword:
Hide left panel Collapse Menu
Show left panel
Recent Searches
No recent searches found.
Recent Searches
No recent searches found.
Course Details

Corporate Cash Management - A Treasurers Guide - Third Edition (Course Id 665)

Updated / QAS / Registry   Add to Cart 
Author : Steven Bragg, CPA
Status : Production
CPE Credits : 14.0
IRS Credits : 0
Price : $117.95
Passing Score : 70%
Primary Subject-Field Of Study:

Finance - Management for Course Id 665

Description :

Corporate Cash Management reveals how to create a cash forecast, invest cash, raise funds, implement cash controls, mitigate foreign exchange risk, and more.

Usage Rank : 0
Release : 2017
Version : 1.0
Prerequisites : None.
Experience Level : Overview
Additional Contents : Complete, no additional material needed.
Additional Links :
Advance Preparation : None.
Delivery Method : Self-Study
Intended Participants : Anyone needing Continuing Professional Education (CPE).
Revision Date : 20-Jun-2017
NASBA Course Declaration : Participants must complete the final examination within one year of purchase and with a minimum passing grade of 70% or better to receive CPE credit unless otherwise noted on the Course History page (i.e. California Ethics must score 90% or better). After logging in click on the Course History links on your My Courses page for the Begin date and Expire date for the Final Exam.
Approved Audience :

NASBA QAS - NASBA Registry - 665

Keywords : Finance, Corporate, Cash, Management, Treasurers, Guide, Third, Edition, cpe, cpa, online course
Learning Objectives :

Course Learning Objectives

  • Identify the key cash management tasks and who is responsible for them.
  • Note the sources and reliability of information used in cash forecasts.
  • State the formats and uses of the bank reconciliation, as well as the types of differences that may arise.
  • Cite the information requirements of a cash management system, and the frequency with which this information must be collected.
  • Recognize the methods available for collecting and processing cash receipts.
  • Note the features of the main cash concentration systems, and the situations in which they should be used.
  • State the characteristics of the different methods of payment, and when they should be used.
  • Note how positive pay and its variations can be used.
  • Recognize the techniques that can be used to reduce the investment in working capital.
  • Cite the more common cash investment strategies and investment instruments, and the circumstances under which they should be used.
  • Recognize the role of agency financing entities, such as the Ex-Im Bank.
  • Note the types of debt funding and the major stock sale exemptions, as well as restrictions on their use.
  • Identify the requirements for being classified as an accredited investor.
  • Identify the main credit rating agencies and the types of credit ratings.
  • State the features of and differences between the different clearing and settlement systems.
  • Recognize the role of a correspondent bank.
  • Identify the main aspects of foreign exchange risk and the methods available to mitigate it.
  • Note the impact of netting on hedging activity.
  • Identify the main aspects of interest rate risk and the methods available to mitigate it.
  • Cite the controls that can be used for the cash management function.
  • Note the areas in which cash management metrics should be employed, as well as how to calculate the key metrics.

Chapter 1
Introduction to Cash Management

Identify the key cash management tasks and who is responsible for them.

Chapter 2
The Cash Forecast

Note the sources and reliability of information used in cash forecasts.

Chapter 3
The Bank Reconciliation

State the formats and uses of the bank reconciliation, as well as the types of differences that may arise.

Chapter 4
Cash Management Information Requirements

Cite the information requirements of a cash management system, and the frequency with which this information must be collected.

Chapter 5
Cash Receipts

Recognize the methods available for collecting and processing cash receipts.

Chapter 6
Cash Concentration Systems

Note the features of the main cash concentration systems, and the situations in which they should be used.

Chapter 7
Types of Payments

State the characteristics of the different methods of payment, and when they should be used. Also note how positive pay and its variations can be used.

Chapter 8
Working Capital Enhancements

Recognize the techniques that can be used to reduce the investment in working capital.

Chapter 9
Investment Alternatives

Cite the more common cash investment strategies and investment instruments, and the circumstances under which they should be used.

Chapter 10
Debt and Equity Funding

Note the types of debt funding and the major stock sale exemptions, as well as restrictions on their use. Also, identify the requirements for being classified as an accredited investor. Further, recognize the role of agency financing entities, such as the Ex-Im Bank.

Chapter 11
Credit Rating Agencies

Identify the main credit rating agencies and the types of credit ratings.

Chapter 12
Clearing and Settlement Systems

State the features of and differences between the different clearing and settlement systems. Also, recognize the role of a correspondent bank.

Chapter 13
Foreign Exchange

Identify the main aspects of foreign exchange risk and the methods available to mitigate it. Also, note the impact of netting on hedging activity.

Chapter 14
Interest Rates

Identify the main aspects of interest rate risk and the methods available to mitigate it.

Chapter 15
Cash Management Controls

Cite the controls that can be used for the cash management function.

Chapter 16
Cash Management Metrics

Note the areas in which cash management metrics should be employed, as well as how to calculate the key metrics.
Course Contents :

Chapter 1 - Introduction to Cash Management

The Nature of Cash Management

The Cash Manager Job

Account Maintenance

Debt Management

Equity Management

Hedge Management

Investment Management

Other Areas

Responsibility for Cash Management

Cash Management Centralization

Banking Relationships

Bank Account Analysis

Chapter 2 - The Cash Forecast

The Cash Forecast

The Short-Term Cash Forecast

The Medium-Term Cash Forecast

The Long-Term Cash Forecast

The Use of Averages

The Use of Clearing Dates in a Forecast

Automated Cash Forecasting

The Reliability of Cash Flow Information

The Impact of Special Events

Cash Forecasting Documentation

The Foreign Currency Cash Forecast

The Cash Forecasting Procedure

Cash Forecast Reconciliation

Chapter 3 - The Bank Reconciliation

The Bank Reconciliation

The Daily Bank Reconciliation

The Proof of Cash

Cash Overdrafts

Bank Reconciliation Problems

Chapter 4 - Cash Management Information Requirements

Cash Transfers

Purchase and Sale Transactions

Liquidity Tracking

Interest Income

Mark to Market Tracking

Foreign Exchange Exposure Tracking

Counterparty Risk Tracking

Letter of Credit Tracking

Supply Chain Financing

What If Scenarios

Data Feeds

Accounting

General Information Requirements

Manual Features

Reporting Requirements

The Treasury Dashboard

Control Issues

The Treasury Management System

Chapter 5 - Cash Receipts

Check Receipts

Check Receipt Improvements

The Bank Lockbox

Automatic Cash Application

Mailstop Number

Remote Deposit Capture

Cash Receipts

Cash Receipts Improvements

Credit Card Receipts

Credit Card Receipt Improvements

Enter Information in On-line Form Immediately

On-line Payment Apps

Debit Cards 

Chapter 6 - Cash Concentration Systems

The Need for Cash Concentration

Cash Sweeping

The Zero Balance Account

Multiple Sweep Arrangements

Manual Sweeping

Sweeping Rules

Sweep Problems

Sweep Costs

Notional Pooling

Notional Pooling Problems

Notional Pooling Costs

Multi-Tiered Banking

Hybrid Pooling Solutions

Cash Concentration Best Practices

Cash Concentration Alternatives

Accounting for Cash Concentration Transactions

The Cash Sweeping Procedure

Chapter 7 - Types of Payments

Cash Payments

Check Payments

Float

Advantages of Checks

Disadvantages of Checks

Bank Drafts

Procurement Cards

ACH Payments

Advantages of ACH

Impact on Float

Global ACH

Wire Transfers

The Letter of Credit

The Standby Letter of Credit

Positive Pay

The Check Payment Issuance Procedure

Payment Procedure Alternatives

Chapter 8 - Working Capital Enhancements

The Impact of Working Capital on Cash Management

Accounts Receivable Enhancements

Credit Enhancements

Billing Enhancements

Collection Enhancements

Accounts Receivable Policies

Inventory Enhancements

Product Design

Product Record Keeping

Inventory Acquisition

Inventory Ownership

Manufacturing Process Flow

Fulfillment

Inventory Disposition

Inventory Policies

Departmental Cooperation

Accounts Payable Enhancements

Terms Renegotiation

Early Payment Discounts

Payment Processing Frequency

Accounts Payable Policies

Reverse Factoring

Researching Working Capital Enhancements

Working Capital Forecasting

Working Capital Strategy

Chapter 9 - Investment Alternatives

Investment Guidelines

Investment Strategy

Repurchase Agreements

Time Deposits

Certificates of Deposit

Bankers Acceptances

Commercial Paper

Money Market Funds

U.S. Government Debt Instruments

State and Local Government Debt

Bonds

The Primary and Secondary Markets

The Discounted Investment Formula

Accounting for Investments - Classifications

Accounting for Investments - Realized and Unrealized Gains or Losses

Accounting for Investments - Purchases and Sales

The Gain or Loss Calculation

Noncash Acquisition of Securities

Assignment of Costs to Securities

Lump-Sum Purchases

Restricted Stock

Conversion of Securities

Sale of Securities

Accounting for Investments - Dividends and Interest Income

Stock Dividends and Stock Splits

Noncash Dividends

The Effective Interest Rate

The Funds Investment Procedure

Chapter 10 - Debt and Equity Funding

Overview of Debt and Equity Funding

The Line of Credit

Invoice Discounting

Inventory Financing

Agency Financing

Leases

The Long-Term Loan

Debt Covenants

The Borrowing Base

Debt Risk Issues

Restricted and Unrestricted Stock

Registered Stock

The Accredited Investor

Regulation D Stock Sales

Regulation A Stock Sales

Accounting for a Loan

Accounting for a Lease

Accounting for the Sale of Stock

The Line of Credit Borrowing Procedure

Chapter 11 - Credit Rating Agencies

The Credit Rating Environment

The Rating Process

Chapter 12 - Clearing and Settlement Systems

The Clearing and Settlement Process

Correspondent Banks

Check Clearing

Foreign Check Clearing

The Automated Clearing House System (ACH)

CHIPS

Fedwire

CHAPS

TARGET2

Continuous Linked Settlement

SWIFT

Chapter 13 - Foreign Exchange

Buying and Selling Currencies

Types of Foreign Exchange Risk

Risk Management Alternatives

Take No Action

Avoid Risk

Shift Risk

Time Compression

Payment Leading and Lagging

Build Reserves

Maintain Local Reserves

Hedging

Proxy Hedging

Types of Hedges

Loan Denominated in a Foreign Currency

The Forward Contract

The Futures Contract

The Currency Option

The Cylinder Option

Swaps

Netting

Cash Flow Predictions and Hedging

Hedging Best Practices

Accounting for Hedges

The Foreign Exchange Hedging Procedure

Chapter 14 - Interest Rates

Types of Interest Risk

Risk Management Alternatives

Take No Action

Avoid Risk

Asset and Liability Matching

Hedging

The Forward Rate Agreement

The Futures Contract

Interest Rate Swaps

Interest Rate Options

Interest Rate Swaptions

Accounting for Interest Rate Hedges

Chapter 15 - Cash Management Controls

The Cash Forecasting Controls Environment

The Cash Concentration Control Environment

The Funds Investment Control Environment

The Foreign Exchange Hedge Control Environment

The Debt Procurement Control Environment

The Stock Issuance Control Environment

Additional Cash Management Controls Fraud Related

Chapter 16 - Cash Management Metrics

Cash Management Metrics

Cash Conversion Cycle

Days Sales in Accounts Receivable

Days Sales in Inventory

Days Payables Outstanding

Fixed Asset Turnover Ratio

Auto Cash Application Rate

Suspense to Receivables Ratio

Actual Cash Position versus Forecast

Borrowing Base Usage

Average End of Day Available Balance

Earnings on Invested Funds

Unhedged Gains and Losses

Glossary

Finance Course 665 Home: https://www.cpethink.com/cpe-for-cpas
Thank you for taking one of our free courses. We would like to be able to let you know when we add free courses or have special offers and will never spam you or share your address with anyone. If you are Ok with that please reply with "Ok" or if not please reply "No Thanks". Either way enjoy your free CPE course.
  
Exam completed on .

Do you want to add the course again?