Description
Description:
Treasury plays a critical role in the business of banking. Various treasury products and services not only provide sources of revenue for financial institutions but most importantly also provide indispensable utility for banking clients, in relation to risk management, yield generation, and fundraising.
Prevailing accounting and financial reporting standards, such as the Philippine Financial Reporting Standards (PFRS) 9, as well as prudential banking guidelines like Bangko Sentral ng Pilipinas (BSP) Circular no. 1011, require the diligent accounting and transparent financial reporting of treasury products and transactions. Complex impairment rules and special requirements such as hedge accounting further complicate the handling of treasury products for banks.
It is therefore crucial that banking professionals possess strong working knowledge of and reasonable proficiency in the accounting and financial reporting of treasury activities and financial instruments.
This program combines discussions on the basics of treasury products, how they are accounted for, and what reporting considerations to focus on, with the goal of enabling participants to better handle treasury accounting and financial reporting in their respective field of work.
Objectives:
- Explain why treasury and treasury products exist in the context of the business of banking; and
- Discuss how accounting for treasury products and transactions work throughout the financial instrument life cycle; and
- Enumerate and expound on treasury reporting considerations, such as valuation, risk management disclosure, and prudential reporting
Target Audience:
- Controllership and Finance professionals
- Risk management professionals
- Treasury operations professionals Internal audit professionals
Course Outline:
- Basics of treasury and treasury products
- Financial instruments life cycle
- Treasury reporting considerations
Resource Speaker:
Mr. James Patrick “Japs” Bonus
CPA, FRM, CTP, FLMI
Schedule:
August 7, 2026 (Friday) 1:00 PM – 5:00 PM
Training Fee per Participant:
Member Institution – Php2,800.00
Non-Member Institution – Php3,920.00
*VAT inclusive