AFP Releases Asia-Pacific Treasury Management Handbook
SINGAPORE, March 17, 2020 /PRNewswire/ -- The Association for Financial Professionals (AFP) has released the 2020 AFP Asia-Pacific Treasury Management Handbook, sponsored by Kyriba and released in collaboration with China National Association of Finance Companies (CNAFC), the Association of Corporate Treasurers Singapore (ACTS), and the Japan Association for Chief Financial Officers (JACFO).
The APAC Treasury Management Handbook provides an overview of the elements of treasury management and includes guidance on the core tasks of a regional treasury centre. Organized into two parts, the handbook will support treasury professionals working in the Asia-Pacific region. The first part of the handbook analyses 12 elements of treasury management, while part two offers profiles of 15 different countries throughout the APAC region, detailing the financial environment within each country.
The new APAC handbook:
- Enhances existing operations, whether regionally or in a single country in APAC.
- Assists treasury departments with expansion into APAC, utilizing the cornerstones of risk management, liquidity management and the implementation of proper controls.
- Shortens the learning curve for all operational aspects of a treasury function.
"As organizations have embraced global opportunity and expanded into new markets, treasury functions have also grown, both strategically and operationally," said Himashi Soriano, AFP Managing Director, APAC. "AFP's new handbook acts as an overview of the key fundamentals of treasury management, as well as an in-depth look at the region itself. It's a must-have for practitioners new to Asia-Pacific, as well as ones who have operated in the area for years."
"New business in the fast-developing Asia region is driving financial complexity with different regulatory requirements and business practices that treasury professionals will have to manage," said JaeSon Kim, APAC Managing Director at Kyriba. "Technology can be a great enabler for practitioners who want to take advantage of the knowledge the new AFP handbook offers. We are happy to partner with AFP to help empower finance and treasury leaders in APAC."
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Headquartered outside of Washington, D.C. and located regionally in Singapore, the Association for Financial Professionals (AFP) is the professional society committed to advancing the success of treasury and finance members and their organizations. AFP established and administers the Certified Treasury Professional and Certified Corporate FP&A Professional credentials, which set standards of excellence in treasury and finance. Each year, AFP hosts the largest networking conference worldwide for more than 7,000 corporate financial professionals.