Cash Flow Forecasting In a Complex Business Environment
Cash management as part of working capital management is among the most important priorities of the FP&A professional. And being able to accurately forecast the cash inflows to determine the external funds that may be needed is a skill of high value.
How FP&A Can Add Value to Cash Allocation Decisions
Today’s CFOs face big decisions when putting cash to use, and this is when FP&A professionals can be valuable partners to senior management.
Will Basel III Kill Notional Pooling for Corporate Treasury?
Notional pooling has been an effective liquidity management tool for many multinational corporations. Basel III threatens all that, particularly in Europe.
Why Majid Al Futtaim Moved to a Payments Factory Model
One of the largest corporate entities in the United Arab Emirates, Dubai-based holding company Majid Al Futtaim owns and operates retail and leisure properties in 13 countries. Majid Al Futtaim’s treasury function saw an opportunity to improve its financial management systems and become more efficient by moving to a payments factory model.
FASB Approves Proposed Changes to Hedge Accounting
Seeking to tidy up hedge accounting, FASB made several decisions that facilitate companies’ ability to take advantage of the favorable accounting treatment that reduces income-statement volatility.