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Conventional FD vs Placing into Tax Exempt Fund to increase interest yield One of the way we can increase the net interest yield of our company’s surplus cash fund is to place them under a tax exempt fund of a professional run investment management company. The logic is simple as the tax exempt fund is [...] Group treasurer job and job description
Normally a group treasurer job includes some of the following: Ensure existing treasury procedures comply with group Head Office Cash flow management:cash forecast or projections Placement and investment policy Foreign exchange management:mitigation FX risk Minimize borrowings cost and ensure availability of correct quantum [...] The recent world financial crisis again proves that Cash is king. Earlier article in my other blog explains about Profit Vs Cash concept wherein profit is not cash hence a highly profitable entity can also go down under without proper cash/liquidity supports.
In this segment on Working Capital Management,a section is solely dedicated to the topic on Cash Management. Append are some articles in my other accounting blog to enhance some basic knowledge on managing Cash: (1) Optimizing Working Capital By Cash Management (2) Cash Management-Factors To Consider When Investing Cash Surplus (3) Cash Management-Investing Cash [...] |  FCCA,CA(MIA)with more than 26 years of post-qualifying working experiences. Previous working stints with one of the big accounting four,Regional GFC & Group Treasurer in a group of Malaysian and Group CFO in Singapore public listed concern.Also author to another very popular free educational accounting cum finance blog:http://basiccollegeaccounting.com under the branding of College Accounting Coach. | |||||
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