Course description
Award in International Cash Management
The Award in International Cash Management (AwardICM) seeks to help students understand the role played by treasury in international businesses in managing cash and liquidity. It develops knowledge in a range of tools, techniques and products of relevance to those working in treasury. It is also of relevance to people working for Financial Institutions (FIs) providing them with better insight into their clients’ international cash management needs and how banking products and services can be better targeted at meeting these needs.
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Suitability - Who should attend?
Perfect for you if you:
- are looking to take the first step in developing the essential skills and knowledge required for a career in cash and liquidity management,
- have recently moved into a cash management role (or would like to), either within corporate treasury or as part of a general finance remit, and would like to gain an understanding of international cash management
- are a banker or a consultant who needs to understand the key elements of international cash management from the perspective of the corporate in order to advise clients more effectively
Outcome / Qualification etc.
On completing unit one you will be able to:
1. Define terms of relevance to treasury and international cash management.
2. Explain internal and external factors and their impact on treasury and international cash management action and decisions.
3. Explain the role of banks and other organisations in international cash management.
4. Explain different regional products and services available from banks and other organisations to support international cash management.
At the end of unit 2 you should be able to:
5. Explain different methods of making payments in international cash management and the importance of payables management.
6. Explain different methods of receiving payments in international cash management and the importance of receivables management.
7. Describe techniques used to provide visibility of the organisation’s current and future available cash positions.
8. Describe methods of optimising interest (both earned and received) on surplus cash and borrowing positions, recognising and minimising transaction costs.
At the end of unit 3 you should be able to:
9. Discuss key internal and external (published) financial statements and their use in treasury and international cash management.
10. Calculate relevant financial ratios of use in treasury and international cash management.
11. Explain risk management in the context of international cash management.
12. Explain the importance of ethics, culture, reporting and governance in international cash management.
Why choose Association of Corporate Treasurers
Only professional treasury body with a Royal Charter
Over 1500 ACT students from over 100 countries
Established for more than 40 years
Expenses
FEES
Course fee £1,250
Student membership fee £105
Assessment fee £105