Treasury & Cash Management & Control

Course Properties

Course date: 28-01-2018
Course End Date: 01-02-2018
Location Dubai

Course Objective:

             By the end of this program, participants will be able to:
                    • Describe how Treasury and Cash Management relate to the planning and controlling 
functions of management.
                    • Explain the relationship between Treasury and Cash Management and strategic planning
                    • Define chart of accounts, responsibility reporting, and flexible Management of Treasury and Cash.
                    • List and describe the phases of Treasury and Cash Management.
                    • Describe Treasury and Cash tools.


Course Contents:
                  • Financial Characteristics of the Oil and Gas Industry
                                  Understanding Financial Statements of Oil and Gas Companies.
                                  Accounting Principles for Oil and Gas Companies.
                                  Accounting for Pre-Production Costs
                                  Successful efforts and full cost methods
                                  Choice of cost canter and impact on profit Classification of Hydrocarbon Reserves

                                  Definition of commercial reserves
                                  Uses of reserve data in accounting DD&A.
                                  Unit of production calculations.
                                  Changes in reserve estimates.

                • Cash flows, accounting adjustments, and forecasting pro forma financial statements
                                  Analyzing Cash Flows
                                  The statement of cash flows and cash flows analysis tools
                                  Cash flows differences across the life cycle of the firm
                                  Comparing firms and making basic accounting adjustments
                                  ( Depreciation, inventory, leases)

                                  Pro Forma Financial Statements
                                  Developing forecasts and building pro forma
                                  Application - Pro Forma Financial Statement case
                                  Examining and analyzing oil and gas project & corporate cash flows
                                  Cash flow impact of growth.

                                   Financing options for growing companies.

                • Cash flows, and cash management techniques 
                                  Foreign exchange (cross rates, forward rates, swap) currency futures
                                  How to determine the Bid and Offer currency prices
                                  How to raise funds in one currency by swapping from another currency.
                                  How to use interest rates
                                  Effect of inflation rate on exchange rates

                                  Currency risk management
                                  Brief of banks relationship and the role of central bank in the foreign
                                  Exchange markets
                                  Introduction to managing cash
                                  Cash concentration

                                  Cash forecasting
                                  Recognize the importance of effective cash
                                  Effectively manage collection and disbursement of cash
                                  Financial analysis and Liquidity Management/Cash Reserves
                                  Actively manage short duration, fixed income accounts.

                                  Using our time-proven investment management process.
                                  Managing fixed income portfolios
                                  Asset allocation, sector rotation and relative value security selection
                                  Cash budget and Equity Management
                                  The focused investment process in our equity portfolios allows us to achieve

                                      performance at the appropriate level of risk

                                  Joint venture audit issues
                                  Developing a model of joint venture audit best practice
                                  The audit cycle - planning, implementation, results, reporting

                • Working capital assets and investment Management.
                                  (Accounting-based valuation)
                                  The use of accounting numbers in valuation
                                  Free cash flows valuation
                                  Residual income valuation, and accounting-based valuation multiples
                                  ( price-earnings and market-to-book ratios)

                                  Business analysis and valuation: implementing the tools
                                  Reverse-engineering stock prices –Valuation of
                                  Oil and gas companies
                                  An introduction to dynamic systems.
                                  Difference equations and the notion of limits.

                                  Strategies for hedging and the productivity of capital
                                  Models of option pricing.
                                  Delta as an important analytical tool and hedging instrument