Archives

  • Leadership in Treasury: Darren McCallon, Treasurer of TrueBlue
    In the latest installment of the Leadership in Treasury series, Darren McCallon, vice president of finance and treasurer of TrueBlue in Seattle, reveals how he successfully transitioned from staff to
  • Fed Study: Fees, Gates Could Cause Money Fund Run
    A recent study authored by Federal Reserve economists concluded that rules currently being proposed to prevent money market fund runs could instead have the opposite effect. Rules that impose restrict
  • Treasury Best Practices: Improving Bank Account Management
    Without streamlining its roster of banks, treasury cannot do an effective job of administrating accounts and keeping track of all relevant account information. That’s the key takeaway from the second
  • Enabling CFOs to See the Strategic Value of Treasury
    Many CFOs are still unaware of the strategic value of treasury, members of AFP’s Treasury Advisory Group noted at their latest meeting. And because of the excessive turnover at the CFO level throughou
  • Study: Higher PBGC Premiums Would Harm GDP, Jobs, Consumers
    A new study found that additional premiums for the Pension Benefit Guaranty Corporation would severely impact the U.S. GDP, the job market, and consumer purchasing power.
  • CTC Releases New Guide on Managing Supply Chain Risk
    In a new guide, Leadership in Treasury: Managing Risk in the Supply Chain, underwritten by Reval, AFP’s Corporate Treasurers Council explores some of the ways that treasurers can use their skills and
  • Bottom Line: Leadership Milestones
    This path is based upon the actual careers of several recently appointed corporate treasurers. Expect a few twists and turns along the way.
  • The Impact of Rising Real Estate Prices on Treasury
    Prices for office properties are rising across the country, a trend that could impact nearly every treasury department. But corporates looking outside the trendiest sections of town will still find pl
  • Finding Finance Potential Beyond the Résumé
    As a treasury and finance leader looking to acquire top talent, you need to know if the person you bring on board will be driven to succeed and work seamlessly inside your company’s culture. This won’
  • Hard Facts for Soft Skills Using Treasury Technology
    For treasurers, sharing the kind of information CFOs care about—improving operating margins, ensuring liquidity, etc.—will not only have an impact on their decision-making. It will also elevat
  • Survey: U.S. Businesses Hoarding Less Cash, Spending More
    U.S. businesses grew more confident in 1Q2014, significantly slowing the pace of cash accumulation, according to the April 2014 AFP Corporate Cash Indicators™ (AFP CCI), underwritten by State Street G
  • Bank Fee Analysis: Hard Work but Worth the Effort
    Bank fee analysis is one of the most mundane tasks in treasury and one of the most sought after. Done correctly, bank fee analysis can save your company tens of thousands—or even millions—of dollars o
  • Mosaic's Treasurer Reveals His 6 Crucial Skills for Leading
    Cris Barros was named assistant treasurer and later treasurer of Mosaic, though he had virtually no previous experience in treasury. But what he did have was the right combination of people skills and
  • Report: SEC to Finalize Money-Market Fund Final Rule by May
    The Securities and Exchange Commission is a few steps closer to completing new rules for money-market funds (MMFs), with a vote expected by the end of April. However, the SEC is reportedly considering
  • Trial and Error: Developing a Managerial Style for Treasury
    How Sarah Schaus, assistant treasurer and assistant vice president of Allianz Life Insurance Company of North America developed her managerial style.
  • March 2014 Futures in Finance Newsletter
    This month, we have a report from the first meeting of the Stockholm FP&A Club,which brought together Swedish financial planning and analysis professionals and provided them with an outlet to discuss
  • Hancock Holding Company Becomes Accredited Provider of AFP Service Codes
    The Association for Financial Professionals (AFP) announced that Hancock Holding Company has become an accredited provider of the AFP Service CodesTM ––the standard that corporate t
  • Cash Management at Global Development Organizations
    To manage cash effectively, a competent treasury department must understand the context in which the organization operates and develop cash management structures and services that will adapt with it.
  • March 2014 Risk Newsletter
    What’s ahead in risk management? How should risk managers communicate with the c-suite? Where should risk management even begin? The March issue of Risk digs in to these weighty topics with thought le
  • Closing the Risk Communication Gap between the C-Suite and the Board
    The majority of financial professionals expect their ability to forecast risk to remain difficult for the foreseeable future. In a new whitepaper, AFP, the National Association of Corporate Directors
  • The Treasury Career Path
    Following the financial crisis, the treasury role has been elevated to a higher profile in many organizations. Tighter regulatory measures from the banks have led to challenges in obtaining funding fo
  • Molding Talent in Treasury
    The members of AFP’s Treasury Advisory Group (TAG) met last week in Washington, D.C. Members discussed developing and retaining talent, which has been popular topic of discussion among many treasury a
  • Attracting and Retaining Treasury Staff in a Time of Uncertainty
    Several factors are contributing to the current state of uncertainty in the U.S. economy. How can corporates navigate those challenges as they attempt to develop and maintain an effective trea
  • February 2014 Futures in Finance
    The month, we take a look at the Corporate Treasury Council's new guide, Attracting and Retaining Talent. Sponsored by Reval, and part of the CTC's Leadership in Treasury series, the guide delves deep
  • Treasurers have New Tools to Predict Credit Risk
    The financial crisis made analyzing credit risk a priority, prompting a range of financial-intelligence vendors to provide analytical default-probability services that initially were aimed more at fin
  • A Closer Look at Proposed Lease Accounting Changes
    In 2013, the Financial Accounting Standards board (FASB) and the International Accounting Standards Board (IASB) issued a joint accounting proposal that would significantly change how companies accoun
  • January 2014 Futures in Finance
    This month, we cover AFP's recent trip to the Middle East, with the goal of promoting the FP&A certification to global markets.  AFP met with finance practitioners in Dubai and Saudi Arabi.  In other
  • Cash Reserves Hold Steady in 4Q13, but Investment Increases
    U.S. business confidence remained even in the final quarter of 2013, with organizations holding steady amounts of cash and investing those balances slightly more aggressively, according to the January
  • AFP Board Member Profile: Adrienne Urban, CTP
    Adrienne Urban, CTP, vice president and treasurer, World Fuel Services Corporation, has been a member of AFP since 1997. Urban has been a member of the Board of Directors since 2010, serves as a membe
  • Case Study: Ohio State’s Investment Strategy
    Convinced that interest rates would remain low for a protracted period of time, The Ohio State University's treasury department implemented a new investment strategy for the university’s operating cas
  • Looking for a Finance Job in 2014? Try FP&A
    Many organizations are planning to expand payrolls next year, but few are expected to add more positions to treasury and finance. Which begs the question: Are there any areas where companies will add
  • AFP Treasury Benchmarking Program - 2013 Survey
    The AFP Treasury Benchmarking Program launched in 2008, a partnership between AFP and the IBM Corporation. In 2013, AFP and IBM continued this valuable research with the sixth annual AFP Treasury Benc
  • SEC Commissioner Hints at Money Market Fund Proposal Near
    In a recent interview SEC Commissioner Daniel Gallagher said he expects new rules governing money-market mutual funds to be proposed within two months. The proposal would include a floating NAV, Galla
  • Big Data is in the Forecast

    Senior financial professionals consider big data their greatest challenge to accurate forecasting, according to the 2013 AFP Risk Survey, sponsored by Oliver Wyman, to b

  • 2011 AFP Annual Conference Wrap-Up
    Another AFP Annual Conference is in the books, and AFP staff already is hard at work for next year’s big event in Miami. As usual, this year’s annual conference was informative, valuable and fun—in ot
  • Clinton, Slaughter Discuss ‘Occupy’ Movement at 2011 AFP Annual Conference
    Former President Bill Clinton and Dr. Anne-Marie Slaughter address the Occupy movement, its origins, and why it has moved beyond a simple protest into a worldwide phenomenon at the 2011 AFP Annual Con
  • Executive Perspectives on the 2011 AFP Strategic Role of Treasury Survey
    A new report from AFP’s Corporate Treasurer’s Council (CTC) reaffirms that treasury is growing in importance within the organization, and is transcending its traditional functions.
  • 1099 Reporting Requirements May Soon Be Repealed
    Efforts to repeal unpopular new 1099 reporting requirements gained momentum yesterday, as President Obama in his State of the Union address signaled his willingness to address the issue....
  • 2009 Outlook Suffers as Credit Market Forces Defensive Actions by Business
    After a year that saw the collapse of credit markets and the loss of nearly 2 million U.S. jobs, five out of six financial professionals do not expect business conditions to improve in 2009, a