Treasury & Cash Management & Control
Course End Date:
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.
• 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
Introduction to managing cash
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.
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