To help practitioners draft written treasury policies, the Association for Financial Professionals has published the AFP Manual of Treasury Policies: Guidelines for Developing Effective Control. The book was developed in partnership with Arthur Andersen, PricewaterhouseCoopers and Treasury Strategies. The AFP Manual of Treasury Policies provides approximately 200 pages of guidance on how to develop policies for the following six core functions: cash collection and concentration, cash forecasting, debt and interest rate risk management, foreign currency risk management, investment, and payments risk. The guidelines describe the relationship of the policy to corporate strategy, the policy development and approval process, the subjects to be addressed by each policy, performance measurement, and the compliance and revision process. Sample policies also illustrate the format and structure described in the guidelines.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.