The main functions of treasury include cash and liquidity management, funding and capital management, and financial risk management. These functions are in many treasury environments handled through spreadsheets and manual processes. This creates significant risks and these risks need to be matched to the organization and the board’s objective.
Further this eBook covers;
- Risk Management Framework and Policy
- Cash Management Activities and Controls
- Manual Treasury Infrastructure and Organization
- Physical Security
- Risk Management
- Operations (Settlements) and
- Reports
Internal Controls must be a key element in any responsible treasury strategy. Without close attention and a disciplined approach to implementing and enforcing internal controls, a company may be exposed to significant risks of loss that can jeopardize operations, financial performance, and even pose an existential threat to business viability.