While companies divide responsibilities up differently, the treasury function will typically be responsible for funding and funding strategy, financial reporting; financial planning and budgeting; accounting and book-keeping; and general financial monitoring. The Association of Corporate Treasurers says treasury is “a key finance function that is vital to the financial health and success of every business, large or small”. “Treasury,” the ACT continues, “involves the management of money and financial risks in a business. Its priority is to ensure the business has the money it needs to manage its day-to-day business obligations, while also helping develop its long term financial strategy and policies”.


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