TREASURY, LIQUIDITY & WORKING CAPITAL
An 18-part masterclass covering the full scope of modern corporate treasury from organizational design and cash architecture through liquidity management, FX and interest rate risk, supply chain finance, and technology controls, with practitioner-grade depth throughout.
The Treasury Function & Organizational Structure
Mandate, Governance, Operating Models, and the In-House Bank β from First Principles to Modern Practice
Cash Management & Bank Account Architecture
Account Structures, Cash Concentration, Pooling, and the Bank Relationship Stack β Theory and Practice
Payment Systems & Settlement Infrastructure
Fedwire, CHIPS, ACH, SEPA, SWIFT, RTGS, and ISO 20022 β How Money Actually Moves
Cash Flow Forecasting
Direct vs. Indirect Methods, Forecast Horizons, Variance Analysis, and the Rise of ML-Driven Forecasting
Liquidity Management & Buffer Sizing
Liquidity Tiers, Stress Testing, Contingency Funding Plans, and Cash-Flow-at-Risk for Treasury Decisions
Short-Term Investments
Money Market Instruments, T-Bills, Commercial Paper, Repos, MMFs, and the Investment Policy Statement
Short-Term Funding & Credit Facilities
Revolvers, Commercial Paper, Asset-Based Lending, Covenants, and the Cost of Liquidity
Working Capital Fundamentals & Cash Conversion Cycle
DSO, DPO, DIO and the Operating Cash Engine β Theory, Measurement, and Levers
Accounts Receivable Management
Credit Policy, Customer Scoring, Collections Process, DSO Discipline, and Bad-Debt Risk
AR Financing β Factoring, Securitization & Receivables Finance
Recourse vs. Non-Recourse, ABL, Trade Receivables Securitization, and Accounting under ASC 860 / IFRS 9
Inventory Management
EOQ, Safety Stock, JIT, ABC Analysis, and Inventory Valuation under GAAP and IFRS
Accounts Payable & Trade Credit Economics
Discount Math, DPO Strategy, Payment Terms Negotiation, and the Buyer-Supplier Working Capital Game
Supply Chain Finance & Reverse Factoring
Buyer-Led Programs, Accounting Classification, Disclosure Reform, and Lessons from Carillion to Greensill
FX Risk Management
Transaction, Translation, Economic Exposure, Hedge Strategy, and Hedge Accounting under ASC 815 and IFRS 9
Interest Rate Risk Management
Gap, Duration, Swaps, and the Post-LIBOR Reference-Rate World (SOFR, β¬STR, SONIA)
Liquidity Risk Metrics & Regulation
LCR, NSFR, Basel III/IV, and What Bank Regulation Means for Corporate Treasury
Counterparty & Bank Credit Risk
Limit Frameworks, ISDA/CSA, CVA/DVA, and Managing Bank Credit Risk in a Multi-Bank World
Treasury Technology, Controls & KPIs
TMS, SOX, Fraud Prevention, Benchmarking, and Building the Modern Treasury Operating Model