The Handbook of Global Corporate Treasury

Foreword

OVER THE PAST SEVERAL decades, globalisation has had a profound impact on business and in the scope of responsibility for corporate Treasury departments. While treasurers have long been responsible for managing cash—which now reaches into the trillions of dollars for corporate cash balances—Treasurers are now being drawn further into the strategic framework of organisations, and this framework is increasingly global.

As companies reevaluate how they manage their internal resources and external business relationships around the world for maximum efficiency, excellence within their Treasury department is critical for success. Treasury evaluates when and how a company invests its assets. Treasury is the department responsible for ensuring that a company has enough cash on hand to fund its very operations. From liquidity management to risk management, Treasury now sits at the intersection of many critical decisions.

Repeatedly, we have seen that successful companies are the ones with the most knowledgeable and well-trained Treasury departments. It is our belief that ongoing education and training in the evolving discipline of global Treasury management can help corporate Treasury practitioners lead their companies to better business decisions. The Handbook of Global Corporate Treasury represents an important commitment by Rajiv Rajendra to advance the conceptual knowledge of the profession, bolstered by the type of real-world examples and casework that will help readers apply ...