Treasury and Risk Management

These changes are moving treasury function into a new phase that has already begun to experience a plethora of regulations, reporting and corporate governance requirement in a bid to deal with complex transactions and processes. Treasures are battling to comply with the regulations and have little time devoted to tasks with a higher value addition. The association of corporate treasures (ACT) acknowledges that many treasures are experiencing dual pressures from:
The renewed focus on liquidity and risk in their organisations meaning that core disciplines of treasury have never been more important;
Expectations to expand the business into a new areas that require new skill sets.
Will Spinney, Associates Director, Education,ACT outlines, "In some respects,nothing has changed in treasury, in that the core principles of managing liquidity, risk and financing remain the same; however, in others,everything has changed, as these issues have become essential business priorities, particularly among companies with lower credit ratings." He goes on to say, "For most companies,however, access to finance is far more constrained than in the past,not only in terms of access to cash, but also on what this is used for. This can lead to a situation where the direction of a company's business strategy is limited by the availability (or) cost of funding. Treasures therefore need to be innovative and flexible in their approach to financing in order to support the business.

See: http://www.bizstrat.co.za

Date: 18 March 2014 to 19 March 2014
Time: 07:30 - 16:30
Venue: Holiday Inn, Rivonia Road Sandton, Johannesburg