AFP® Advanced International Cash Management Seminars

This advanced module examines the different ways in which companies can structure their treasury organization; when and where to open foreign currency accounts, the primary tools available for liquidity management and the many options with regard to banking structure. Throughout there are exercises that allow participants to develop their skills in designing an efficient banking structure to optimize liquidity management.

Learning Objectives:

• Understand the importance of managing liquidity
  
• Evaluate the different treasury structures
  
• Review the various liquidity management tools and the options for managing liquidity
  
• Be aware of the different banking structures that are available
  
• Put those the skills into practice through a series of exercises
  

Prerequisites: This is an advanced course for participants who already have a knowledge of the basics of International Cash Management and need to build more hands-on skills in managing cross-border liquidity.

Take-Aways:

• Centralized versus decentralized treasury
• Treasury structures summary
• Notional pooling versus concentration
• Bank selection guidelines
• Useful sources for more information on International Cash Management
  

8:30am INTRODUCTION

8.45am IMPORTANCE OF LIQUIDITY MANAGEMENT

• Why liquidity is important
• Issues with cross-border liquidity

8.45am TREASURY STRUCTURES

• Evolution of treasury
• Treasury vehicles
  • Centralized versus decentralized
  • Payments and collections factories
  • Shared service center (SSC)
  • Application service provider (ASP)
  • Business service provider (BSP)
  • In-house bank
  • Treasury centers
• Exercise

10.15am BREAK

10.30am FOREIGN CURRENCY ACCOUNTS

• The need for foreign currency accounts
• When to open one
• Where to hold the FCY account
• Multicurrency accounts
• What to ask when opening an account
• Regulatory issues with FCY accounts
• Exercise

12.00pm LUNCH

1.00pm CROSS BORDER LIQUIDITY MANAGEMENT TOOLS

• Intercompany lending
• Netting
• Notional pooling
• Cash optimization
• Cash concentration
• FX swaps

2.00pm LIQUIDITY MANAGEMENT

• Liquidity management models
• Liquidity management issues
• Exercise

2.45pm BREAK

3.00pm BANKING STRUCTURES

• Single bank, single location
• Multi-bank structures
• Multi-bank partnership/alliance banks
• Managing multi-bank structures
• Network (global/regional banks)
• Overlay structure
• Multi-bank notional pooling structure
• Exercise

4.00pm PUTTING IT ALL TOGETHER

4.30pm CLOSE

Gain Continuing Education Credits

	CTP/CCM Recertification Credits International Cash Management Strategy is approved for up to 7 CTP/CCM recertification credits. Credit is earned at the rate of one credit per 50 minutes of treasury/cash management or finance-related session time, including questions and answers.
	CPE Credit The Association for Financial Professionals is registered with the National Association of State Boards of Accountancy (NASBA), as a sponsor of continuing education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Eligible for up to 7.5 CPE Credits Complaints regarding registered sponsors may be addressed to the National Registry of CPE Sponsors, 150 Fourth Avenue North, Suite 700, Nashville, TN 37219-2417. Web site: www.nasba.org

For more information regarding administrative policies, including submitting a complaint, please contact  AFP at 301.907.2862 or by email at AFP@AFPonline.org.