Association for Financial Professionals Publishes Manual of Treasury Policies

Publication Provides Guidelines for Developing Effective Control



Apr 05, 2001, 01:00 ET from Association for Financial Professionals

    BETHESDA, Md., April 5 /PRNewswire/ -- To help practitioners draft written
 treasury policies, the Association for Financial Professionals (AFP,
 http://www.AFPonline.org) has published the AFP Manual of Treasury Policies:
 Guidelines for Developing Effective Control. The first of its kind, this book
 sets a new standard for treasury publications, and 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.
     "Financial professionals are responsible for an increasing number of
 functions that significantly impact an organization's bottom line," said AFP's
 President and CEO Jim Kaitz. "Because of these varying responsibilities,
 written policies that accurately reflect an organization's unique strategies
 and objectives are crucial to effectively manage and control these functions."
     "The AFP Manual of Treasury Policies provides financial professionals with
 a step-by-step guide to developing corporate policies," remarked Lois M.
 Borth, director of treasury operations for National Broadcasting Company, Inc.
 "The manual is another AFP publication that should be included in every
 treasury manager's library."
     This new publication is available to AFP members for $150.50 and to non-
 members for $200.50. Order your copy by calling AFP's Member Services
 department at 301-907-2862.
 
     The Association for Financial Professionals in Bethesda, Maryland,
 formerly the Treasury Management Association has grown in the past 20 years
 into a community of more than 14,000 individuals representing a broad spectrum
 of financial disciplines. AFP turns knowledge into performance by supporting
 members throughout all stages of their careers with research, continuing
 education, career development, professional certifications, publications,
 representation to key legislators and regulators, and the development of
 industry standards.
 
 

SOURCE Association for Financial Professionals
    BETHESDA, Md., April 5 /PRNewswire/ -- To help practitioners draft written
 treasury policies, the Association for Financial Professionals (AFP,
 http://www.AFPonline.org) has published the AFP Manual of Treasury Policies:
 Guidelines for Developing Effective Control. The first of its kind, this book
 sets a new standard for treasury publications, and 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.
     "Financial professionals are responsible for an increasing number of
 functions that significantly impact an organization's bottom line," said AFP's
 President and CEO Jim Kaitz. "Because of these varying responsibilities,
 written policies that accurately reflect an organization's unique strategies
 and objectives are crucial to effectively manage and control these functions."
     "The AFP Manual of Treasury Policies provides financial professionals with
 a step-by-step guide to developing corporate policies," remarked Lois M.
 Borth, director of treasury operations for National Broadcasting Company, Inc.
 "The manual is another AFP publication that should be included in every
 treasury manager's library."
     This new publication is available to AFP members for $150.50 and to non-
 members for $200.50. Order your copy by calling AFP's Member Services
 department at 301-907-2862.
 
     The Association for Financial Professionals in Bethesda, Maryland,
 formerly the Treasury Management Association has grown in the past 20 years
 into a community of more than 14,000 individuals representing a broad spectrum
 of financial disciplines. AFP turns knowledge into performance by supporting
 members throughout all stages of their careers with research, continuing
 education, career development, professional certifications, publications,
 representation to key legislators and regulators, and the development of
 industry standards.
 
 SOURCE  Association for Financial Professionals