One of the basic building blocks for managing a successful treasury department is the establishment of a comprehensive set of treasury policies. Such policies define the principal financial risks a company is facing and how these risks will be managed by the treasury department. Chapter 1 covers the process of identifying and measuring these risks. What are the typical treasury-related financial risks that most companies have to manage? How are these risks identified and measured? In addition, what is the role of managing these risks in relation to the whole range of other risks facing a company?.
