Certificate in Treasury - Cash and liquidity management

Managing cash and liquidity are vital functions of treasury in most organisations. In this unit the learner would start to understand the general principles relating to cash, liquidity and working capital.

To be effective, treasury professionals must understand the importance of these to the business. In addition to exploring the fundamentals of cash and liquidity, the unit also considers cashflow forecasting and the working capital cycle.

It goes on to examine the relationships between working capital and liquidity and the steps that can be taken, within the organisation, to improve its cash position.

The unit then examines considerations in relation to short-term borrowing and international trade. It also considers the use of commercial paper as a form of short-term funding. It explores intra-group funding and other alternative solutions, which may be more appropriate for the organisation.

The learner would then have explored other considerations relating to international trade transactions.

Finally, the unit focused on the practicalities of cash management.