Treasury Management: The Practitioner's Guide (Wiley Corporate F&A) [Hardcover]

Steven M. Bragg (Author)

Book Description

ISBN-10: 0470497084 | ISBN-13: 978-0470497081 | Publication Date: March 1, 2010 | Edition: 1

Praise for Treasury Management The Practitioner's Guide

"Steven Bragg has written a broad-based look at the treasurer's function that is as timely as it is complete. This book is an excellent choice for experienced treasury personnel, those new to the area, or the small business CFO needing to develop additional expertise."
?Matthew Boutte, Asset/Liability Manager, AVP, Sterling Bank

"Cash is king! Steven Bragg's Treasury Management: The Practitioner's Guide peels back the onion on the most pressing topics facing today's treasurer?cash management, financing, risk management, and treasury systems."
?Geoffrey Garland, Controller, Staco Systems

"This book gives an insight into the various intricacies, augmented with examples and flowcharts, involved in a treasury role. It gives a practical and detailed approach to cash management. A must-read for accounting heads of small businesses who have the additional responsibility of being a treasurer."
?Priya K Srinivasan, Owner, Priya K Srinivasan CPA

Treasury Management: The Practitioner's Guide describes all aspects of the treasury function. This comprehensive book includes chapters covering the treasury department, cash transfer methods, cash forecasting, cash concentration, working capital management, debt management, equity management, investment management, foreign exchange risk management, interest risk management, clearing and settlement systems, and treasury systems.

If you are a treasurer, CFO, cash manager, or controller, Treasury Management: The Practitioner's Guide allows you to quickly grasp the real world of treasury management and the many practical and strategic issues faced by treasurers and financial professionals today.

Editorial Reviews

From the Inside Flap

With a broad range of responsibilities in the modern corporation, ranging from cash management to the proper movement of potentially large amounts of funds and the construction of hedges, the treasurer's duties require the integration of a comprehensive set of controls into a broad-based pro-cedural framework.

Written by renowned accounting expert Steven Bragg, Treasury Management: The Practitioner's Guide shortens the treasurer's learning curve for all aspects of the position with authoritative coverage of the general categories of cash management, financing, risk management, and treasury systems.

Addressing the treasury function from every angle, this invaluable guide:

• Addresses the various methods by which a company transfers cash, both on paper and by electronic means

• Shows how to create a cash forecast and monitor its accuracy

• Covers several methods for aggregating cash from a multitude of locations

• Explores the components of working capital and how they may be altered, thereby impacting cash flow planning

• Looks at what the treasurer does to raise debt and equity, as well as how to invest funds

• Includes discussions of the various kinds of debt and key characteristics of each one, how to deal with credit rating agencies, and the intricacies of equity offerings

• Discusses investments including investment criteria, types of available investments, and investment and risk-reduction strategies

• Considers an increasingly important aspect of the treasurer's responsibilities: risk management

• Describes the technology that drives many treasury transactions

Filled with extensive supporting examples, Treasury Management: The Practitioner's Guide is the ideal sourcebook for the mechanics of how to run all aspects of the modern treasury department.

About the Author

STEVEN M. BRAGG, CPA, has been the chief financial officer or controller of four companies, as well as a consulting manager at Ernst & Young and an auditor at Deloitte & Touche. He received a master's degree in finance from Bentley College, an MBA from Babson College, and a bachelor's degree in economics from the University of Maine. He has been the two-time president of the Colorado Mountain Club, is an avid alpine skier and mountain biker, and is a certified master diver. Mr. Bragg resides in Centennial, Colorado. He is also the author of Accounting Best Practices and Accounting Policies and Procedures Manual (both published by Wiley).

Product Details

• Hardcover: 304 pages
• Publisher: Wiley; 1 edition (March 1, 2010)
• Language: English
• ISBN-10: 0470497084
• ISBN-13: 978-0470497081
• Product Dimensions: 9 x 6.2 x 1 inches
• Shipping Weight: 1.1 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #105,870 in Books (See Top 100 in Books)

More About the Author

The primary question I receive is, why would anyone write so many accounting books? The story began in the early 1990s, when my former boss, Jan Roehl-Anderson, asked me to assist in taking over a book called Controllership from Jim Willson (correct spelling), who had been maintaining the book since the early 1950s. I liked the experience, and even found it relaxing (I must have issues!).

So... I had an idea for another book, called Just-in-Time Accounting, which the publisher accepted, and which got me on the track of doing management accounting books. Most accounting books up to that point had primarily dealt with accounting principles and not how to management the department, so this was a rich area for new books.

The Accounting Best Practices book, which is one of the top-selling accounting books in the country, started when I was bouncing around ideas for new books with one of my editors, John DeRemigis. He suggested the accounting best practices idea, and I said, "nah, there's not enough material." Four editions later and over 400+ pages long, it appears that he was right and I was wrong.

Writing became more intense in 2005, when John Wiley & Sons recommended me to the authors of the Wiley GAAP Guide as a new co-author. This is a seriously technical high-end accounting principles guide, and so was nothing like what I had written before. My first assignment was adding a hundred or so new examples to the book, which was absolutely frantic -- imagine becoming an expert on a really far-out accounting topic in one day, writing an esoteric example, and then hurrying on to an entirely different example the next day.

I have just finished writing Accounting Controls Best Practices, which is chock-full of control points for the most common accounting systems, as well as for best practices upgrades to those systems. And now, it is time for a break, if only for a week.

So... I am heading to the Western Pacific for some serious diving off a live aboard dive boat.

Steve Bragg

Customer Reviews

Most Helpful Customer Reviews

5.0 out of 5 stars Excellent Overview, January 6, 2012

By 

Mark Jeffrey Brooks "curious" (Charlotte, NC USA) - See all my reviews
(REAL NAME)   

Amazon Verified Purchase

This review is from: Treasury Management: The Practitioner's Guide (Wiley Corporate F&A) (Hardcover)

I work on a Corp. Treasury FX Risk Management Desk as a technologist and this book has given me great insight into the structure, roles, and charter of each of the various groups within the larger organization. Very highly recommended from that perspective alone.

5.0 out of 5 stars Well written book, February 16, 2011

By 

Ferenc - See all my reviews

This review is from: Treasury Management: The Practitioner's Guide (Wiley Corporate F&A) (Hardcover)

I bought this book to preapre for a major interview. I think it gives you a good overall description
of the Treasy Management. If you have a few days for cramming for an interview then this is the way to go.

It also helps that the autohor is a CPA. May be the hedging part could be a little bit more detailed but, i
think the goal of the author was to give you a general description instead of getting into very detailed
strategies.

I am sure you will find this book useful as i did!