imported>Doug Williamson |
imported>Doug Williamson |
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| | 1. ''Economics - money supply - central banks.'' |
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| | The part of the money supply that is central bank liabilities. |
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| == Overview of corporate financial management ==
| | It includes physical money (banknotes and coins), demand deposits at the central bank and any domestic central bank digital currency. |
| Corporate financial management responsibilities include:
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| *Corporate finance
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| *Long-term funding
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| *Investment and
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| *Intercompany funding
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| ==Corporate finance==
| | 2. ''Funding - public sector.'' |
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| 'Corporate finance' is a core technical competency for treasurers identified by the ACT's Competency Framework.
| | Funding for projects or activities sourced from the public sector. |
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| Corporate finance theory (risk/reward) is applied in practice to evaluate sources and uses of finance. This encompasses everything from capital structure (debt, equity and dividend policy), through major business transformations (e.g. mergers and acquisitions) to individual financing decisions (e.g. whether to buy a particular machine).
| | Contrasted with ''private money.'' |
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| ==Long-term funding==
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| 'Long-term funding' is a core technical competency for treasurers identified by the ACT's Competency Framework.
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| The success of the organisation is dependent on access to funds. Identification of the most appropriate sources of funding to achieve the organisation's medium / long term objectives and putting funding solutions (including documentation) in place will ensure that funding is available whenever required.
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| ==Investment==
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| 'Investment' is a core technical competency for treasurers identified by the ACT's Competency Framework. | |
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| Treasury needs to be prepared to handle cash surpluses as well as borrowing requirements. A financial investment strategy (based on security, liquidity and yield) that is consistent both with the needs of the business and with its risk appetite, should be in place as well as methodology to monitor the creditworthiness of investment counterparties.
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| ==Intercompany funding==
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| 'Intercompany funding' is a core technical competency for treasurers identified by the ACT's Competency Framework.
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| Intercompany funding of subsidiary operations is generally an efficient source of funds for an organisation. It may not be straight forward to implement or manage, as tax, legal and regulatory aspects must all be taken into account especially when setting up intercompany structures such as netting systems, In House Banks etc.
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| == See also == | | == See also == |
| * [[Corporate finance]] | | * [[Broad money]] |
| * [[Financial management]] | | * [[Central bank]] |
| * [[ACT Competency Framework]] | | * [[Central bank digital currency]] (CBDC) |
| * [[In house bank]] | | * [[Coin]] |
| * [[Technical skills]] | | * [[Digital public money]] |
| * [[MCT]] | | * [[Funding]] |
| | * [[M0]] |
| | * [[M1]] |
| | * [[Money]] |
| | * [[Money supply]] |
| | * [[Private money]] |
| | * [[Public ]] |
| | * [[Public private partnership]] |
| | * [[Public sector]] |
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| [[Category:Financial_management]] | | [[Category:Accounting,_tax_and_regulation]] |
| [[Category:Corporate_financial_management]] | | [[Category:The_business_context]] |
| [[Category:Corporate_finance]] | | [[Category:Corporate_finance]] |
| | [[Category:Investment]] |
| | [[Category:Long_term_funding]] |
| | [[Category:Trade_finance]] |
1. Economics - money supply - central banks.
The part of the money supply that is central bank liabilities.
It includes physical money (banknotes and coins), demand deposits at the central bank and any domestic central bank digital currency.
2. Funding - public sector.
Funding for projects or activities sourced from the public sector.
Contrasted with private money.
See also
