Cash Forecasting

Brexit Brings FX Challenges for Treasurers

British flag and lock - Brexit

The current climate for corporate treasury is one of considerable uncertainty. While this uncertainty is manifesting itself in different ways, the outcome of last year’s Brexit referendum has particularly underscored the need for treasurers to be prepared for every eventuality. Unfortunately, this is not always the case: more than half of CFOs had not put in place a Brexit contingency plan before the vote, according to research published by Deloitte in April 2016.

John Campbell
June 19, 2017

New AFP Survey Confirms Treasurers’ Strategic Growth

Man looking into the abyss

September 15, 2008. This is the day treasury transformed from being important to strategic. What was later called the credit crisis was fueled by a massive constriction of liquidity like we had never seen. Suddenly, boards were demanding from their CEOs the answer to a simple question: how much cash do we have? These CEOs turned to their CFOs, who then turned to their treasury teams to provide the critical answer.

Bob Stark
May 31, 2017

Proposed U.S. Tax Cuts May Give Treasurers Reason to Celebrate

House of Congress

The White House recently announced its initial tax plan, teasing the financial community with a short series of bullet points. Although there is much work to do to formalize the plan, including passing it through a gauntlet of approvals and negotiations in Congress, President Donald Trump’s plan is effectively music to the ears of CEOs, CFOs and corporate treasurers.

Here are the highlights for corporate treasury:

1)      Reduction of the corporate tax rate to 15%

2)      One-time tax on overseas earnings

Bob Stark
May 1, 2017

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