Preface.
About the Author.
PART ONE Cash Management.
Chapter 1 Treasury Department.
Role of the Treasury Department.
Treasury Controls.
Treasurer Job Description.
Position of Treasury within the Corporate Structure.
Treasury Centralization.
Treasury Compensation.
Bank Relations.
Treasury Outsourcing.
Summary.
Chapter 2 Cash Transfer Methods.
Check Payments.
Wire Transfers.
ACH Payments.
Procurement Cards.
Cash Payments.
Fees for Cash Transfers.
Summary of Cash Transfer Methods.
Cash Transfer Controls.
Cash Transfer Procedures.
Summary.
Chapter 3 Cash Forecasting.
Cash Forecasting Model.
Information Sources for the Cash Forecast.
Measuring Cash Forecast Accuracy.
Cash Forecasting Automation.
Bullwhip Effect.
Business Cycle Forecasting.
Cash Forecasting Controls.
Cash Forecasting Policies.
Cash Forecasting Procedure.
Summary.
Chapter 4 Cash Concentration.
Benefits of Cash Concentration.
Cash Concentration Strategies.
Pooling Concepts.
Physical Sweeping.
Notional Pooling.
Comparison of Account Sweeping and Notional Pooling.
Nonpooling Situations.
Bank Overlay Structure.
Cash Concentration Controls.
Cash Concentration Policies.
Cash Concentration Procedures.
Summary.
Chapter 5 Working Capital Management.
Working Capital Variability.
Cash Management.
Credit Management.
Receivables Management.
Inventory Management.
Working Capital Metrics.
Summary.
PART TWO Financing.
Chapter 6 Debt Management.
Types of Debt.
Credit Rating Agencies.
Accounting for Debt.
Debt-Related Controls.
Debt-Related Policies.
Debt-Related Procedures.
Summary.
Chapter 7 Equity Management.
Stock Registration.
Exemptions from Stock Registration.
Accounting for Stock Sales.
Equity-Related Controls.
Equity-Related Policies.
Equity-Related Procedures.
Summary.
Chapter 8 Investment Management.
Investment Criteria.
Investment Options.
Investment Strategies.
Outsourced Investment Management.
Risk-Reduction Strategies.
Accounting for Investments.
Investment Journal Entries.
Investment Reporting.
Investment Management Controls.
Investment Management Policies.
Investment Management Procedures.
Summary.
PART THREE Risk Management.
Chapter 9 Foreign Exchange Risk Management.
Foreign Exchange Quote Terminology.
The Nature of Foreign Exchange Risk.
Data Collection for Foreign Exchange Risk Management.
Foreign Exchange Hedging Strategies.
Hedge Accounting.
Foreign Exchange Hedge Controls.
Foreign Exchange Hedge Policies.
Record Keeping for Foreign Exchange Hedging Activities.
Foreign Exchange Hedge Procedures.
Summary.
Chapter 10 Interest Risk Management.
Interest Risk Management Objectives.
Interest Risk Management Strategies.
Accounting for Interest Risk Management Activities.
Interest Risk Management Policies.
Record Keeping for Interest Rate Risk Management.
Interest Risk Management Procedures.
Summary.
PART FOUR Treasury Systems.
Chapter 11 Clearing and Settlement Systems.
Characteristics of Clearing and Settlement Systems.
Overview of the Clearing and Settlement Process.
Fedwire.
Automated Clearing House (ACH) System.
Clearing House Interbank Payments System (CHIPS).
Check Clearing.
The Continuous Link Settlement (CLS) System.
Summary.
Chapter 12 Treasury Systems.
Treasurer's Technology Needs.
Treasury Management System.
SWIFT Connectivity.
Summary.
Index.
