Treasury - Revision history

Doug: Expand title.

2024-09-13T06:56:54Z

Expand title.

← Older revision		Revision as of 06:56, 13 September 2024
Line 6:		Line 6:


	:<span style="color:#4B0082">'''''~~Avoid~~ insolvency - manage profitability implications'''''</span>		:<span style="color:#4B0082">'''''Corporate treasurers' high-level priorities - avoid insolvency - manage profitability implications - be productive with resources provided by the organisation - be aligned with organisational strategy'''''</span>

	:"(1) Treasury is responsible for ensuring the organisation avoids insolvency. Many functions are involved with setting terms of trade and with collections and payments. Treasury is the only function responsible for bridging the gap between outflows and inflows.		:"(1) Treasury is responsible for ensuring the organisation avoids insolvency. Many functions are involved with setting terms of trade and with collections and payments. Treasury is the only function responsible for bridging the gap between outflows and inflows.
Line 105:		Line 105:
	*[https://www.instituteforgovernment.org.uk/explainer/history-hm-treasury The history of HM Treasury in the UK - Institute for Government]		*[https://www.instituteforgovernment.org.uk/explainer/history-hm-treasury The history of HM Treasury in the UK - Institute for Government]
	*[https://home.treasury.gov/ The US Department of the Treasury - about us]		*[https://home.treasury.gov/ The US Department of the Treasury - about us]

	~~[[Category:Financial_products_and_markets]]~~
	~~[[Category:The_business_context]]~~

	[[Category:Financial_products_and_markets]]		[[Category:Financial_products_and_markets]]
	[[Category:The_business_context]]		[[Category:The_business_context]]

Doug: Add practitioner quote.

2024-09-12T02:13:50Z

Add practitioner quote.

← Older revision		Revision as of 02:13, 12 September 2024
Line 4:		Line 4:

	The individuals who work in this function are known as ''[[corporate treasurer]]s''.		The individuals who work in this function are known as ''[[corporate treasurer]]s''.


			:<span style="color:#4B0082">'''''Avoid insolvency - manage profitability implications'''''</span>

			:"(1) Treasury is responsible for ensuring the organisation avoids insolvency. Many functions are involved with setting terms of trade and with collections and payments. Treasury is the only function responsible for bridging the gap between outflows and inflows.

			:(2) Treasury is responsible for managing the associated gain and loss implications. Borrowing and lending – and different ways of paying and receiving – create major risks of losses or, conversely, opportunities for gain. These have a major impact on profitability. BUT, fellow treasurers, lest we forget, we only SUPPORT the company’s profitability, we don’t make it. When we get stuck into our banking products, we often forget that (pooling?)

			:(3) Treasury is responsible for managing its own operational costs. Obvious, yes. But it leads to an interesting question that people need to know to understand their own treasuries. Why are some treasuries set up as profit centres and others as breakeven and cost centres?

			:(4) Treasury is responsible for its alignment with company strategy. Another obvious comment? Yes, but again… Many people say Treasury is part of finance, with the implication that treasury is in lockstep with other finance functions like accounting and FP&A/consolidation. This is not true – treasuries often have a difficult relationship with other finance functions."

			:''What is treasury - Nicholas Franck AMCT, Treasury Executive - July 2024.''


Line 39:		Line 52:
	* [[Business]]		* [[Business]]
	* [[Cash management]]		* [[Cash management]]
			* [[Consolidation]]
	* [[Corporate financial management]]		* [[Corporate financial management]]
	* [[Corporate treasurer]]		* [[Corporate treasurer]]
	* [[Corporate treasury]]		* [[Corporate treasury]]
			* [[Cost centre]]
	* [[Debt ceiling]]		* [[Debt ceiling]]
	* [[Debt Management Office]]		* [[Debt Management Office]]
Line 47:		Line 62:
	* [[Financial institution]]		* [[Financial institution]]
	* [[Financial markets]]		* [[Financial markets]]
			* [[Financial planning and analysis]] (FP&A)
	* [[Financial services]]		* [[Financial services]]
	* [[Funding]]		* [[Funding]]
Line 52:		Line 68:
	* [[His Majesty's Revenue & Customs]] (HMRC)		* [[His Majesty's Revenue & Customs]] (HMRC)
	*[[HM Treasury]]		*[[HM Treasury]]
			*[[Insolvency]]
	*[[Internal Revenue Service]] (IRS)		*[[Internal Revenue Service]] (IRS)
	* [[International Group of Treasury Associations]] (IGTA)		* [[International Group of Treasury Associations]] (IGTA)
	* [[Liquidity management]]		* [[Liquidity management]]
	* [[National security]]		* [[National security]]
			* [[Profit centre]]
	* [[The Treasurer]]		* [[The Treasurer]]
	* [[Treasurer]]		* [[Treasurer]]
Line 83:		Line 101:
	==Other resources==		==Other resources==
	*[https://www.treasurers.org/hub/careers/what-is-treasury What is corporate treasury? - Association of Corporate Treasurers]		*[https://www.treasurers.org/hub/careers/what-is-treasury What is corporate treasury? - Association of Corporate Treasurers]
			*[https://www.linkedin.com/pulse/treasury-non-treasurers-what-nicholas-franck-ddpoe/?trackingId=zFc5%2FDAiSsK0AlN%20ZQ62dA What is treasury - Nicholas Franck AMCT, Treasury Executive - July 2024]
	*[https://www.gov.uk/government/organisations/hm-treasury/about HM Treasury in the UK government - about us]		*[https://www.gov.uk/government/organisations/hm-treasury/about HM Treasury in the UK government - about us]
	*[https://www.instituteforgovernment.org.uk/explainer/history-hm-treasury The history of HM Treasury in the UK - Institute for Government]		*[https://www.instituteforgovernment.org.uk/explainer/history-hm-treasury The history of HM Treasury in the UK - Institute for Government]
	*[https://home.treasury.gov/ The US Department of the Treasury - about us]		*[https://home.treasury.gov/ The US Department of the Treasury - about us]

			[[Category:Financial_products_and_markets]]
			[[Category:The_business_context]]

	[[Category:Financial_products_and_markets]]		[[Category:Financial_products_and_markets]]
	[[Category:The_business_context]]		[[Category:The_business_context]]

Doug: Remove surplus link.

2024-03-20T22:46:16Z

Remove surplus link.

← Older revision		Revision as of 22:46, 20 March 2024
Line 52:		Line 52:
	* [[His Majesty's Revenue & Customs]] (HMRC)		* [[His Majesty's Revenue & Customs]] (HMRC)
	*[[HM Treasury]]		*[[HM Treasury]]
	*[[Institute for Government]]
	*[[Internal Revenue Service]] (IRS)		*[[Internal Revenue Service]] (IRS)
	* [[International Group of Treasury Associations]] (IGTA)		* [[International Group of Treasury Associations]] (IGTA)

Doug: Add link.

2024-03-20T22:45:31Z

Add link.

← Older revision		Revision as of 22:45, 20 March 2024
Line 52:		Line 52:
	* [[His Majesty's Revenue & Customs]] (HMRC)		* [[His Majesty's Revenue & Customs]] (HMRC)
	*[[HM Treasury]]		*[[HM Treasury]]
			*[[Institute for Government]]
	*[[Internal Revenue Service]] (IRS)		*[[Internal Revenue Service]] (IRS)
	* [[International Group of Treasury Associations]] (IGTA)		* [[International Group of Treasury Associations]] (IGTA)

Doug: Layout.

2024-03-20T22:44:49Z

Layout.

← Older revision		Revision as of 22:44, 20 March 2024
Line 82:		Line 82:

	==Other resources==		==Other resources==
	*[https://www.treasurers.org/hub/careers/what-is-treasury What is corporate treasury? UK Association of Corporate Treasurers]		*[https://www.treasurers.org/hub/careers/what-is-treasury What is corporate treasury? - Association of Corporate Treasurers]
	*[https://www.gov.uk/government/organisations/hm-treasury/about HM Treasury in the UK government - about us]		*[https://www.gov.uk/government/organisations/hm-treasury/about HM Treasury in the UK government - about us]
	*[https://www.instituteforgovernment.org.uk/explainer/history-hm-treasury The history of HM Treasury in the UK]		*[https://www.instituteforgovernment.org.uk/explainer/history-hm-treasury The history of HM Treasury in the UK - Institute for Government]
	*[https://home.treasury.gov/ The US Department of the Treasury - about us]		*[https://home.treasury.gov/ The US Department of the Treasury - about us]

	~~[[Category:Financial_products_and_markets]]~~
	~~[[Category:The_business_context]]~~

	[[Category:Financial_products_and_markets]]		[[Category:Financial_products_and_markets]]
	[[Category:The_business_context]]		[[Category:The_business_context]]

Doug: Add links.

2024-03-20T22:43:39Z

Add links.

← Older revision		Revision as of 22:43, 20 March 2024
Line 79:		Line 79:
	* [[Treasury yield]]		* [[Treasury yield]]
	* [[Treasury workstation]]		* [[Treasury workstation]]


			==Other resources==
			*[https://www.treasurers.org/hub/careers/what-is-treasury What is corporate treasury? UK Association of Corporate Treasurers]
			*[https://www.gov.uk/government/organisations/hm-treasury/about HM Treasury in the UK government - about us]
			*[https://www.instituteforgovernment.org.uk/explainer/history-hm-treasury The history of HM Treasury in the UK]
			*[https://home.treasury.gov/ The US Department of the Treasury - about us]

			[[Category:Financial_products_and_markets]]
			[[Category:The_business_context]]

	[[Category:Financial_products_and_markets]]		[[Category:Financial_products_and_markets]]
	[[Category:The_business_context]]		[[Category:The_business_context]]

Doug: Layout.

2024-03-20T04:45:31Z

Layout.

← Older revision		Revision as of 04:45, 20 March 2024
Line 1:		Line 1:
	1. Corporate organisation and management.		1. ''Corporate organisation and management.''

	A corporate function concerned with financial risk management, funding, cash and liquidity management, and corporate financial management.		A corporate function concerned with financial risk management, funding, cash and liquidity management, and corporate financial management.
Line 6:		Line 6:


	2. Financial services.		2. ''Financial services.''

	The internal function of a bank or other financial institution with responsibilities including funding, liquidity management, capital management and related regulatory compliance in these areas.		The internal function of a bank or other financial institution with responsibilities including funding, liquidity management, capital management and related regulatory compliance in these areas.


	3. Central government - UK.		3. ''Central government - UK.''

	The UK government department reporting to the Chancellor of the Exchequer which - among its other duties - is responsible for His Majesty's Revenue & Customs.		The UK government department reporting to the Chancellor of the Exchequer which - among its other duties - is responsible for His Majesty's Revenue & Customs.
Line 18:		Line 18:


	4. Central government - United States.		4. ''Central government - United States.''

	The US government department whose responsibilities include promoting the conditions that enable economic growth and stability in the US and abroad, strengthening national security by combating threats and protecting the integrity of the financial system, and managing the US government’s own finances and resources.		The US government department whose responsibilities include promoting the conditions that enable economic growth and stability in the US and abroad, strengthening national security by combating threats and protecting the integrity of the financial system, and managing the US government’s own finances and resources.


	5. Other countries.		5. ''Other countries.''

	Comparable government departments in other countries.		Comparable government departments in other countries.


	6. Tradeable debt.		6. ''Tradeable debt.''

	A treasury security.		A treasury security.

Doug: Layout.

2024-03-20T04:44:33Z

Layout.

← Older revision		Revision as of 04:44, 20 March 2024
Line 1:		Line 1:
	1.		1. Corporate organisation and management.

	A corporate function concerned with financial risk management, funding, cash and liquidity management, and corporate financial management.		A corporate function concerned with financial risk management, funding, cash and liquidity management, and corporate financial management.
Line 6:		Line 6:


	2.		2. Financial services.

	The internal function of a bank or other financial institution with responsibilities including funding, liquidity management, capital management and related regulatory compliance in these areas.		The internal function of a bank or other financial institution with responsibilities including funding, liquidity management, capital management and related regulatory compliance in these areas.


	3.		3. Central government - UK.

	The UK government department reporting to the Chancellor of the Exchequer which - among its other duties - is responsible for His Majesty's Revenue & Customs.		The UK government department reporting to the Chancellor of the Exchequer which - among its other duties - is responsible for His Majesty's Revenue & Customs.
Line 18:		Line 18:


	4.		4. Central government - United States.

	The US government department whose responsibilities include promoting the conditions that enable economic growth and stability in the US and abroad, strengthening national security by combating threats and protecting the integrity of the financial system, and managing the US government’s own finances and resources.		The US government department whose responsibilities include promoting the conditions that enable economic growth and stability in the US and abroad, strengthening national security by combating threats and protecting the integrity of the financial system, and managing the US government’s own finances and resources.


	5.		5. Other countries.

	Comparable government departments in other countries.		Comparable government departments in other countries.


	6.		6. Tradeable debt.

	A treasury security.		A treasury security.
Line 47:		Line 47:
	* [[Financial institution]]		* [[Financial institution]]
	* [[Financial markets]]		* [[Financial markets]]
			* [[Financial services]]
	* [[Funding]]		* [[Funding]]
	* [[Guide to risk management]]		* [[Guide to risk management]]
Line 55:		Line 56:
	* [[Liquidity management]]		* [[Liquidity management]]
	* [[National security]]		* [[National security]]
			* [[The Treasurer]]
	* [[Treasurer]]		* [[Treasurer]]
			* [[Treasury 4.0]]
	* [[Treasury bills]]		* [[Treasury bills]]
	* [[Treasury bonds]]		* [[Treasury bonds]]
			* [[Treasury Committee]]
	* [[Treasury counterparty]]		* [[Treasury counterparty]]
	* [[Treasury inflation-indexed securities]]		* [[Treasury inflation-indexed securities]]
	* [[Treasury inflation-protected securities]]		* [[Treasury inflation-protected securities]]
			* [[Treasury infrastructure]]
	* [[Treasury management]]		* [[Treasury management]]
	* [[Treasury Management System]]		* [[Treasury Management System]]
	* [[Treasury notes]]		* [[Treasury notes]]
			* [[Treasury operations]]
			* [[Treasury organisation]]
			* [[Treasury policy]]
			* [[Treasury procedures]]
	* [[Treasury risk]]		* [[Treasury risk]]
	* [[Treasury securities]]		* [[Treasury securities]]
	* [[Treasury shares]]		* [[Treasury shares]]
			* [[Treasury STRIPS]]
	* [[Treasury yield]]		* [[Treasury yield]]
	* [[Treasury workstation]]		* [[Treasury workstation]]

	[[Category:~~Treasury_operations~~]]		[[Category:Financial_products_and_markets]]
			[[Category:The_business_context]]

imported>Doug Williamson: Add links.

2023-05-23T19:12:31Z

Add links.

← Older revision		Revision as of 19:12, 23 May 2023
Line 42:		Line 42:
	* [[Corporate treasurer]]		* [[Corporate treasurer]]
	* [[Corporate treasury]]		* [[Corporate treasury]]
			* [[Debt ceiling]]
	* [[Debt Management Office]]		* [[Debt Management Office]]
			* [[Finance]]
	* [[Financial institution]]		* [[Financial institution]]
	* [[Financial markets]]		* [[Financial markets]]
Line 50:		Line 52:
	*[[HM Treasury]]		*[[HM Treasury]]
	*[[Internal Revenue Service]] (IRS)		*[[Internal Revenue Service]] (IRS)
			* [[International Group of Treasury Associations]] (IGTA)
	* [[Liquidity management]]		* [[Liquidity management]]
	* [[National security]]		* [[National security]]
	* [[Treasurer]]		* [[Treasurer]]
			* [[Treasury bills]]
			* [[Treasury bonds]]
			* [[Treasury counterparty]]
			* [[Treasury inflation-indexed securities]]
			* [[Treasury inflation-protected securities]]
	* [[Treasury management]]		* [[Treasury management]]
			* [[Treasury Management System]]
			* [[Treasury notes]]
	* [[Treasury risk]]		* [[Treasury risk]]
	* [[Treasury securities]]		* [[Treasury securities]]
			* [[Treasury shares]]
	* [[Treasury yield]]		* [[Treasury yield]]
			* [[Treasury workstation]]

	[[Category:Treasury_operations]]		[[Category:Treasury_operations]]

imported>Doug Williamson: Mend link.

2023-03-11T21:41:50Z

Mend link.

← Older revision		Revision as of 21:41, 11 March 2023
Line 40:		Line 40:
	* [[Cash management]]		* [[Cash management]]
	* [[Corporate financial management]]		* [[Corporate financial management]]
	* [[Corporate ~~treasurers~~]]		* [[Corporate treasurer]]
	* [[Corporate treasury]]		* [[Corporate treasury]]
	* [[Debt Management Office]]		* [[Debt Management Office]]