{"product_id":"the-handbook-of-global-corporate-treasury-9781118122839","title":"The Handbook of Global Corporate Treasury","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eA guide to operating a corporate treasury from a global perspective. This book is suitable for treasurers looking to re-align their treasuries with the growth of the global firm, bankers who seek to maximize the value they create for clients, treasury and finance firm employees, and even finance students.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cp\u003eForeword xiii\u003c\/p\u003e \u003cp\u003ePreface xv\u003c\/p\u003e \u003cp\u003eAcknowledgments xix\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One: the World of Corporate Treasury 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1: Role of Treasury in a Global Corporation 3\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroducing Treasury Leadership 4\u003c\/p\u003e \u003cp\u003eOrganisation Structure and Responsibilities 6\u003c\/p\u003e \u003cp\u003eTreasury Functions and Responsibilities 10\u003c\/p\u003e \u003cp\u003eKPIs and Deliverables 15\u003c\/p\u003e \u003cp\u003eA Day at the Office—What Does the Treasurer Do? 17\u003c\/p\u003e \u003cp\u003eSummary 19\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2: Treasury Design 21\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKey Elements of Treasury Design 22\u003c\/p\u003e \u003cp\u003eIntroducing Centralisation 24\u003c\/p\u003e \u003cp\u003eEvolution of Treasury Models 25\u003c\/p\u003e \u003cp\u003eSummary 36\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3: Treasury Culture 37\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eQualities 38\u003c\/p\u003e \u003cp\u003eGeneral Skills 40\u003c\/p\u003e \u003cp\u003eTechnical and Work-Related Skills 41\u003c\/p\u003e \u003cp\u003eThe Many Hats of the Treasurer 43\u003c\/p\u003e \u003cp\u003eSummary 44\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4: Importance of Operations and Control Efficiency 45\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTools 45\u003c\/p\u003e \u003cp\u003eDifferent Offices: Front, Middle, and Back 48\u003c\/p\u003e \u003cp\u003eSummary 54\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two: Transactions and Cash Management 55\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5: Account Management and Structure 57\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePutting an Account Structure in Place 58\u003c\/p\u003e \u003cp\u003eAccount Operation and Approaches 62\u003c\/p\u003e \u003cp\u003eRationalising Account Structures 65\u003c\/p\u003e \u003cp\u003eExamples of Account Structures Across Sectors 68\u003c\/p\u003e \u003cp\u003eSummary 69\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6: The Movement of Money 71\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eMoney Transfer Mechanisms 71\u003c\/p\u003e \u003cp\u003eDomestic Clearing and Settlement Systems 75\u003c\/p\u003e \u003cp\u003eCross-Border Payments and Collections 83\u003c\/p\u003e \u003cp\u003eSummary 94\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7: Netting 95\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIntroduction and Concepts 95\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eNetting Implementation 101\u003c\/p\u003e \u003cp\u003eBenefits and Caveats of a Good Netting Solution 106\u003c\/p\u003e \u003cp\u003eSummary 107\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8: Liquidity Management Introduction and Float 109\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroducing Liquidity Management 109\u003c\/p\u003e \u003cp\u003ePooling as a Concept 111\u003c\/p\u003e \u003cp\u003eFloat and Its Causes 111\u003c\/p\u003e \u003cp\u003eSummary 121\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9: Cash Pooling and Efficiency 123\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCash Concentration Structures 123\u003c\/p\u003e \u003cp\u003ePooling Structures 127\u003c\/p\u003e \u003cp\u003eImplementation Aspects of Concentration Structures 130\u003c\/p\u003e \u003cp\u003eSummary 134\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10: Cash Flow Forecasting 135\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eForecasting in the Context of Liquidity Management 135\u003c\/p\u003e \u003cp\u003eForecasting Methods 139\u003c\/p\u003e \u003cp\u003eSummary 143\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Three: Balance Sheet and Liquidity Management 145\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11: Liquidity and Working Capital 147\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWorking Capital in the Operating Cycle 148\u003c\/p\u003e \u003cp\u003eCash Conversion Cycle 149\u003c\/p\u003e \u003cp\u003eFinancial Supply Chain and Its Potential Pain Points 158\u003c\/p\u003e \u003cp\u003eSummary 168\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12: Financial Strength and Linkages with Liquidity 169\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eImportance of Company Financials 169\u003c\/p\u003e \u003cp\u003eKey Financial Ratios 171\u003c\/p\u003e \u003cp\u003eSummary 194\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13: Sources of Capital 195\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCapital Markets 195\u003c\/p\u003e \u003cp\u003eCapital Structure 197\u003c\/p\u003e \u003cp\u003eFactors in the Capital Decision 199\u003c\/p\u003e \u003cp\u003eDebt Capital Markets 203\u003c\/p\u003e \u003cp\u003eEquity Capital Markets 205\u003c\/p\u003e \u003cp\u003eSummary 211\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14: Financing the Supply Chain 213\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003ePhysical and Financial Supply Chains 213\u003c\/p\u003e \u003cp\u003eDifferent Financing Solutions 215\u003c\/p\u003e \u003cp\u003eSummary 225\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15: Managing Operating Cash and Investments 227\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDifferent Elements of Cash 227\u003c\/p\u003e \u003cp\u003eManaging Operating Cash 228\u003c\/p\u003e \u003cp\u003eSurplus Cash and Investments 230\u003c\/p\u003e \u003cp\u003eConsiderations and Aspects of Investment Decisions 230\u003c\/p\u003e \u003cp\u003eInvestment Process 237\u003c\/p\u003e \u003cp\u003eSummary 237\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16: Credit Ratings and Bank Credit Assessment 239\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCredit Ratings 239\u003c\/p\u003e \u003cp\u003eCredit Rating Methodology 243\u003c\/p\u003e \u003cp\u003eBank Credit Assessment Process 247\u003c\/p\u003e \u003cp\u003eImportant Focus Areas and Discussion Points with Banks During Credit Reviews 252\u003c\/p\u003e \u003cp\u003eSummary 253\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Four: Markets and Risk Management 255\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17: Art and Science of Risk Management 257\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKinds of Risk 257\u003c\/p\u003e \u003cp\u003eClassical Definitions 258\u003c\/p\u003e \u003cp\u003eWhy Manage Financial Risk? 266\u003c\/p\u003e \u003cp\u003eStyles of Risk Management 269\u003c\/p\u003e \u003cp\u003eFactors Impacting Risk 270\u003c\/p\u003e \u003cp\u003eWhat Does Risk Management Do? 273\u003c\/p\u003e \u003cp\u003eObjective of Risk Management 276\u003c\/p\u003e \u003cp\u003eSummary 278\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18: Markets and Risk Aspects of Each Market 279\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWorld of Markets 279\u003c\/p\u003e \u003cp\u003eMovement of Markets 287\u003c\/p\u003e \u003cp\u003eSummary 289\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19: Risk Management in Practice: Ensuring the Right IMAGE © 291\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIMAGE \u003csup\u003e©\u003c\/sup\u003e Methodology 291\u003c\/p\u003e \u003cp\u003eRisk Identification 292\u003c\/p\u003e \u003cp\u003eRisk Measurement 293\u003c\/p\u003e \u003cp\u003eRisk Accounting and Reporting 314\u003c\/p\u003e \u003cp\u003eRisk Governance 315\u003c\/p\u003e \u003cp\u003eRisk Management Evaluation 320\u003c\/p\u003e \u003cp\u003eSummary 321\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 20: Products for Managing Risk 323\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eForwards Family 324\u003c\/p\u003e \u003cp\u003eOptions Family 333\u003c\/p\u003e \u003cp\u003eSwaps Family 346\u003c\/p\u003e \u003cp\u003eCredit Family 351\u003c\/p\u003e \u003cp\u003eSummary 353\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 21: Combining the Products to Manage Risk: Risk Governance 355\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDevising Risk Strategy Using Products 356\u003c\/p\u003e \u003cp\u003eUsing Products to Manage Risk 358\u003c\/p\u003e \u003cp\u003eCredit Risk 362\u003c\/p\u003e \u003cp\u003eLiquidity Risk: Balance Sheet and Asset-Liability Management 363\u003c\/p\u003e \u003cp\u003eUse of Analysis 364\u003c\/p\u003e \u003cp\u003eOperations and Technology Risk 367\u003c\/p\u003e \u003cp\u003eLegal and Compliance Risk 367\u003c\/p\u003e \u003cp\u003eSummary 374\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 22: Risk Management Governance Strategies 375\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eKey Elements of the Governance Strategy 375\u003c\/p\u003e \u003cp\u003eSample Strategy A 377\u003c\/p\u003e \u003cp\u003eSample Strategy B 378\u003c\/p\u003e \u003cp\u003eSample Strategy c 381\u003c\/p\u003e \u003cp\u003eSummary 386\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 23: Operational Aspects: Documentation and Execution 387\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eDocumentation 387\u003c\/p\u003e \u003cp\u003eISDA Framework of Documents 388\u003c\/p\u003e \u003cp\u003eExecution 392\u003c\/p\u003e \u003cp\u003eSummary 394\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Five: the Toolkit 395\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 24: Treasury Policy 397\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFramework 397\u003c\/p\u003e \u003cp\u003eAspects of Policy Implementation That Need Closer Scrutiny 398\u003c\/p\u003e \u003cp\u003eReview 399\u003c\/p\u003e \u003cp\u003eImplementational Aspects 400\u003c\/p\u003e \u003cp\u003eSummary 401\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 25: Treasury Systems 403\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTreasury Management System Background 403\u003c\/p\u003e \u003cp\u003eSome System-Related Questions 410\u003c\/p\u003e \u003cp\u003eTMS Establishment Process 411\u003c\/p\u003e \u003cp\u003eDevelopments and Standards 417\u003c\/p\u003e \u003cp\u003eSummary 423\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 26: Centralisation 425\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eRationale for Centralisation 425\u003c\/p\u003e \u003cp\u003eBasic Model Design 427\u003c\/p\u003e \u003cp\u003ePost-Model Design Stage 429\u003c\/p\u003e \u003cp\u003eBarriers to Centralisation 429\u003c\/p\u003e \u003cp\u003eSummary 430\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 27: Key Performance Metrics for a Treasury 431\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eIntroducing Performance Metrics 431\u003c\/p\u003e \u003cp\u003eSome Criteria for Deciding Performance Metrics 432\u003c\/p\u003e \u003cp\u003ePerformance Metrics 434\u003c\/p\u003e \u003cp\u003eSome Caveats on Metrics and Evaluation 437\u003c\/p\u003e \u003cp\u003eSample Treasury Performance Metrics 438\u003c\/p\u003e \u003cp\u003eTreasury Fitness 441\u003c\/p\u003e \u003cp\u003eSummary 441\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 28: Banks and Service Relationships 443\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSample Bank Organisation Structure 443\u003c\/p\u003e \u003cp\u003eBanking Services and Products for a Corporate Treasury 446\u003c\/p\u003e \u003cp\u003eBank Selection and RFP Process 449\u003c\/p\u003e \u003cp\u003eReview Process 449\u003c\/p\u003e \u003cp\u003eService and Relationship Management 454\u003c\/p\u003e \u003cp\u003eSummary 456\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 29: Operations and Control Checklist 457\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eList of Processes 457\u003c\/p\u003e \u003cp\u003eRight Control at Treasury 458\u003c\/p\u003e \u003cp\u003eControl Checks and Reviews 459\u003c\/p\u003e \u003cp\u003eSome Common Causes for Error and Control Lapses 461\u003c\/p\u003e \u003cp\u003eSummary 468\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 30: Outsourcing 469\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSelection Stage 469\u003c\/p\u003e \u003cp\u003ePre-Implementation 471\u003c\/p\u003e \u003cp\u003eImplementation 471\u003c\/p\u003e \u003cp\u003ePost-Implementation 473\u003c\/p\u003e \u003cp\u003eSummary 478\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 31: Building and Sustaining a Treasury Culture 479\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eEvaluation 484\u003c\/p\u003e \u003cp\u003eSummary 485\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 32: Managing Treasury in Uncertain Times 487\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eUncertainty and Its Impact on Treasury Management 487\u003c\/p\u003e \u003cp\u003eTriggers and Events 490\u003c\/p\u003e \u003cp\u003eSimple Method to Manage Treasury During Times of Uncertainty 491\u003c\/p\u003e \u003cp\u003eSummary 493\u003c\/p\u003e \u003cp\u003eGlossary 495\u003c\/p\u003e \u003cp\u003eFurther Reading 505\u003c\/p\u003e \u003cp\u003eAbout the Author 507\u003c\/p\u003e \u003cp\u003eAbout the Website 509\u003c\/p\u003e \u003cp\u003eIndex 511\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":48866365997399,"sku":"9781118122839","price":117.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9781118122839.jpg?v=1722278304","url":"https:\/\/bookcurl.com\/products\/the-handbook-of-global-corporate-treasury-9781118122839","provider":"Book Curl","version":"1.0","type":"link"}