Page 207 - F1 - AB Integrated Workbook STUDENT 2018-19

Accounting and finance functions within business

The functions of the treasury

4.1 The function of the treasury

Treasury management is the corporate handling of all financial
matters, the generation of external and internal funds for business, the
management of currencies and cash flows, ans the complex strategies,
policies and porcedures of corporate finance.

The key roles of the treasury and finance functions include:

Treasury
functions

Cash Foreign
management currency

Working
Financing capital Tax
management

Working capital is the capital available for conducting the day–to-day operations of
an organisation, calculated as the excess of current assets over current liabilities.

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