Detailing the wonderful worlds of treasury management and the history of banking
For those pursuing the Certified Treasury Professional (CTP) designation, understanding the fundamentals of accounting is crucial. In particular, knowledge of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) is essential for treasury professionals to effectively manage corporate finances, assess financial statements, and navigate the complexities of global markets. GAAP and IFRS represent…
For anyone pursuing a career in corporate treasury, achieving the Certified Treasury Professional (CTP) designation is a significant milestone. This credential demonstrates a strong foundation in treasury management and signals expertise in key areas such as liquidity, risk management, capital markets, and financial strategy. However, one of the most critical skills for aspiring CTPs is…
For treasury professionals, understanding and managing a company’s finances goes beyond tracking cash flow, liquidity, and capital allocation. A comprehensive approach to financial management requires familiarity with key performance metrics that assess profitability, value creation, and return on investment. One such essential metric is residual income. While often associated with investment decision-making, residual income is…
In the world of corporate finance, treasury professionals play a critical role in ensuring that a company’s financial health is stable and its strategic goals are met. While the treasury department is often associated with tasks like cash management, liquidity planning, and risk mitigation, it’s essential that treasury professionals also have a firm grasp of…
In today’s rapidly evolving financial landscape, treasury professionals play a vital role in managing a company’s financial operations, including liquidity management, risk mitigation, and capital allocation. However, managing these responsibilities effectively requires a deep understanding of various types of risks that can impact the company’s financial stability and profitability. Among the most critical risks that…
The U.S. banking system plays a crucial role in the global economy and directly impacts corporations both within and outside the United States. For Certified Treasury Professionals (CTPs), understanding and monitoring the financial risks within the U.S. banking system is essential for effective cash management, risk mitigation, and maintaining corporate financial stability. Given the U.S.’s…
In today’s interconnected financial world, Global Systemically Important Banks (G-SIBs) play a critical role in maintaining the stability of the global financial system. These are the largest, most interconnected, and highly influential banks that, due to their size and scope, have the potential to cause widespread disruption if they encounter financial difficulties. For treasury professionals,…
In the world of corporate treasury, financial service partners play a critical role. Whether it’s banks, payment processors, investment managers, or other financial institutions, these partners provide the tools and services that enable companies to manage cash flow, investments, risk, and liquidity. However, relying on external partners comes with its own set of risks, which…
Aspiring to be a Certified Treasury Professional (CTP) is a valuable goal for anyone seeking a career in corporate finance. Treasury professionals play a crucial role in managing a company’s financial activities, such as cash flow, investments, and risk. These activities are essential to keep a company’s finances balanced and profitable. One key tool that…
Many investors are surprised to learn that when comparing debt instruments like commercial paper and bonds, they use different day counts to calculate yields. Commercial paper uses a 360-day year, while bonds typically use a 365-day year (or 366 in leap years). Though both represent debt securities, financial conventions that have evolved over time root…
