This module investigates the role of Treasury policy, procedures and performance measures in treasury management. It also explores treasury reporting and operations for a variety of organisations, as well as analyses the framework and content of treasury policy documents. The purpose and principles of reporting measures, both internal and external, are demonstrated and the key accounting regulations which impact on treasury operations are considered. Further, the key drivers of the legislation and regulation of corporate governance and treasury operations, and the wider organisation, are discussed. Operational risk and control, as well as ethics and codes of practice from professional bodies, such as the ACT, are also considered. Finally, the module establishes the IT system requirements needed to maximise the value added by treasury. It also analyses a range of IT solutions for treasury management, including security and controls, and how effective project management can successfully integrate IT systems into the treasury function.
Learning Outcomes
By the end of the module students should be able to:
critically explain ethics and corporate governance theories and their application;
critically explain the principles, importance and detailed application of treasury policy, procedures and reporting in order to support their development and implementation in practice;
apply corporate governance and regulatory controls and policies to manage treasury in an efficient and ethical manner;
Assess the fundamental principles of financial reporting and taxation relating to treasury in order to support the preparation and analysis of financial reports, tax analysis and financial and business analysis; and
critically assess and recommend appropriate IT solutions for different treasury requirements and describe the project management steps required for their successful implementation and security controls.
Assessment (a) 12 minutes group presentation (40%) (b) a 2,500 words individual assignment (60%)
Reassessment Students who fail the module will resit the failed component(s) only: (a) 12 minutes individual presentation (40%) (b) a 2,500 words individual assignment (60%)
