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Saves time and costs, and enhances reputation
- Regulation and compliance are core work for treasurers. Mastering them and collaborating with colleagues and specialist support saves time and costs, and enhances reputation. Ignoring them is not an option.
learning.treasurers.org/resources/understanding-regulation-for-treasurers
The importance of ethics when regulation has become more all-embracing is discussed in The Treasurer article Ethics in an Era of Regulation. All members, corporate representatives, affiliates and students are required to abide by the ACT's ethical code and disciplinary rules.
- Unpack Treasury Control Mechanisms
- Explore The Treasury Management System
- Understand The Principles of Corporate Governance
To help minimise the risks associated with treasury, you’ll explore the control measures that can help save both money and reputation. You’ll delve into the internal control mechanisms to gain essential knowledge of how to handle the dealing limits and validations you may find in your work.
You’ll unpack the treasury management system and how you can use this software to automate tasks, save time, and become more organised. Next, you’ll explore conflicts of interest and develop the skills to deal with these issues when they arise.
Finally, you’ll discover the principles of corporate governance to understand what makes good governance within treasury. Guided by experienced treasury experts, who work for the Association of Corporate Treasurers, you’ll finish the course with a solid understanding of governance, ethics, compliance, and audit for treasury professionals.
Nov 30, 2023 · One of the most important aspects of a treasurer’s role is staying informed about changes in financial regulations that may affect the club. Failure to stay up-to-date with regulatory changes can result in serious consequences, including fines and legal action.
Oct 18, 2023 · A firm understanding of the organization’s bylaws is vital for treasurers to ensure compliance with internal policies and external regulations. Treasurers should be familiar with the financial rules and requirements outlined in the bylaws to maintain the organization’s financial integrity.
Oct 18, 2023 · To be a good treasurer, it’s critical to have excellent communication skills to communicate complex financial information in a clear and concise way, ensuring everyone understands the financial situation. This way a good treasurer prevents misunderstandings and ensures the right decisions are being made. Be ethical and trustworthy.
People also ask
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Jul 26, 2022 · Why should I study for treasury qualifications? People report different reasons including: getting a first job in treasury. progressing with your current employer. moving to a role with an even better employer. delivering higher value services for your employer or clients. keeping up to date with market developments. personal interest and growth.
