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Many large international organisations have a central treasurydepartment, which might be a separate profit...

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Accounting

Many large international organisations have a central treasurydepartment, which might be a separate profit Cen trewithin the group. The responsibilities of this department willinclude the management of business risk and market risk for thegroup as a whole.

Conduct a research and

(a) Describe the functions of a cen tral treasurydepartment.

(b) Describe the information that the treasury department needs,from inside and outside the organisation, to perform itsfunction.

Answer & Explanation Solved by verified expert
4.0 Ratings (701 Votes)
a Describe the functions of a central treasury department Ans A central Treasury Department is generally responsible for companys liquidity and ensuring that funds are available with the company all the time to meet the need of the primary activities of the business In other words the aim of the Treasury department is to manage the liquidity of the business Therefore all present and projected cash flows should be monitored in order to ensure that sufficient cash is available to fund the companys operation Function of Central Treasury Department is as below a Cash Forecasting and Cash Management Here the treasury staff need to compile all the data and records with respect to cash receipts and disbursement activities in order generate forcasted cash flows So that thay can determine whether more cash is need and if so they can plan for raising fund either through debt or equity And they can also plan for investment avenues in case of surplus So that effective cash Management is    See Answer
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In: AccountingMany large international organisations have a central treasurydepartment, which might be a separate profit Cen...Many large international organisations have a central treasurydepartment, which might be a separate profit Cen trewithin the group. The responsibilities of this department willinclude the management of business risk and market risk for thegroup as a whole.Conduct a research and(a) Describe the functions of a cen tral treasurydepartment.(b) Describe the information that the treasury department needs,from inside and outside the organisation, to perform itsfunction.

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