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Treasury and cash flow management

Find out more about treasury management, including cash management and managing your cash flow, with our selection of books, articles, links and guides to help you identify best practice, techniques and tools to apply to your business.

What's on this page?

  • eBooks
  • Briefings
  • Online articles
  • Useful links
  • Articles and books in the Library collection

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Featured article

9 ways to grow and improve cashflow 
Sue Hirst shares her tips for ensuring sustainable business growth.

You will need to be logged-in to the website to access the full range of articles available online.

Featured tax digest

A practical guide to corporate cash pooling 
S. Mainwaring (LexisNexis, September 2014)
Includes sections on cash management, cash pooling, netting and corporate taxes. 

To borrow this digest please contact the Library.


The Library provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users. If you are unable to access an eBook, please see our Help and support advice or contact library@icaew.com.

Accounting for non-accountants

Provides a fast and easy way for the non-accountant to learn the basics of accounting.

Accounts demystified

A guide to accounting which explains the major accounting concepts in a simple and easy to understand way.

Accounts receivable management best practices

Guide to managing accounts receivable, with practical techniques to drive improvement.

Business accounting UK GAAP: volume 1

Accounting textbook for students, specifically for users of UK GAAP practice and terminology. Part 1 of a 2-part set.

Cash flow solution: the nonprofit board member's guide to financial success

Outlines an approach to budgeting for charities, where cash flow is emphasised, rather than balancing assets and liabilities.

Collins dictionary of business

Covers the principle areas of business theory and practice: marketing, production, finance, personnel, business policy and international business. The book offers comprehensive coverage of everyday business terms such as cash flow and patent.

Corporate finance: theory and practice

A European guide to using financial theory to solve practical problems.

Get to grips with budgets: how to take the stress out of working with numbers

Introduction to budget management for non-specialists.

Growing business handbook: inspiration and advice from successful entrepreneurs and fast growing UK companies, The

A guide to maximising growth and controlling risk.

Hospitality management accounting

The fundamental concepts and analytical techniques of management accounting for the hospitality industry.

Showing 10 of 15 items

Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.


Directors' Briefings and Start-Up Briefings are four-page guides written for the busy practitioner, director and entrepreneur providing concise, practical advice on core business issues.

Online articles

The library provides access to a range of articles in full text from leading business, finance and management journals. Access to articles is provided to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.

EBITDA challenges: understand valuation methods to avoid manipulation

The article focuses on management approaches for Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA). Topics discussed include assistance of EBITDA in evaluation of corporations value while acquisition approaches through cash flow determination; absence of several values from EBITDA such as capital expenditures (CAPEX) along with tenant improvement conditions; and consideration of working capital along with EBITDA multiple for valuation process.

What goes up... preparing clients for market downsturns

The article discusses how to prepare clients for the inevitable downturns in financial markets and portfolio values.

Preparing for continued fx volatility

The article reports on the volatility of the foreign exchange market and its impact on corporate treasurers. The factors that contribute to the situation are discussed, including Great Britain's withdrawal from the European Union and the election of Donald Trump as president of the U.S. Also noted are the opinions of several foreign exchange market experts, including Richard Bibbey and Karl Schamotta, about the market's condition..

Determine your company's worth

The main condition for a successful merger or acquisition transaction is agreeing on what your company is worth. Peter Holton explains the four key elements in every valuation.

Helping hands for SMEs

Plans to relax invoice finance rules early in 2016 should help address Britain's late payment culture, reports John Atkinson.

Free up cash

Best practices to help your company manage working capital effectively.

Free up cash

Renita Wolf covers best practices to help your company manage working capital effectively.

A clear view of cash

Discusses the importance of companies adopting cash forecasting to avoid liquidation during periods of financial crises.

FX cash flow risk management: Financial Reporting Issues and Practical Implications

Companies having foreign sales can avoid large fluctuations in earnings and cash flows caused by changes in foreign exchange (FX) rates through the use of foreign exchange derivatives (FXDs). FXDs used to mitigate the effect of FX rate changes on forecasted transactions can qualify as cash flow hedges under Statement of Financial Accounting Standards No. 133 (SFAS 133).

Cut the cost of currency exchange

Experts explain how you could save on regular international money transfers by cutting out the middle-man.

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Useful links

European Association of Corporate Treasurers (EACT) 
The website provides information about EACT activities and events as well as an archive of press releases and useful resources.

Financial Reporting Council summary of reporting practices 
The FRC’s Financial Reporting Lab has developed this summary of reporting practices that investors have indicated help to answer their basic questions on debt and cash flows, such as how operating profits convert to operating cash flows. Published in September 2013.

Guides to managing cashflow 
Simple, practical guidance to help businesses manage their cashflow issues. Produced by the Institute of Credit Management.

ICAEW cash management helpsheet 
Available to logged-in members of the ICAEW Solicitors group. Provides pointers on cash and capital assessment, credit control procedures and debt collection.

Lab project report: Operating and investing cash flows 
A FRC report from November 2012, based on a project that obtained input from over 30 individuals from 16 investment organisations regarding information that matters to their decision making.

The Treasurer 
The magazine of the Association of Corporate Treasurers (ACT) 'provides authoritative updates, practical guidance and informed comment on the major issues within treasury and finance'. You can access articles from past issues of the journal (free registration required). The last three issues are only available to ACT members. The ACT website also includes a glossary of treasury terms.

Treasury Management International 
Includes TMI magazine and links to articles on strategic treasury from their research library (free registration required).

Articles and books in the Library collection

This is a selection of books in our collection which contain information on treasury and cash management – click on the links to see our catalogue record for each item. Please contact us if you would like to borrow a book or request a copy of an article. 

The international treasurer's handbook 
(Association of Corporate Treasurers)
Includes technical guidance on corporate financial management, capital markets and funding, money management, risk management and managing the treasury function. The handbook also features profiles of 53 countries, ACT information and a treasury services directory.
Since 2015 the Handbook has been available through the ACT website as a wiki.

The handbook of global corporate treasury 
Rajendra, R. (John Wiley & Sons, 2013)
This 514 page book is intended as a complete guide to designing, running, evaluating and improving a global corporate treasury.

Guide to cash management: how to avoid a business credit crunch 
Tennent, J. (Profile Books, 2012)
This tightly-written guide clearly explains the six critical aspects of the effective management of cash and cash flow. Chapters are: key concepts; cash flow forecasting; treasury management; working capital efficiency; investment opportunities; product profitability; and cash surpluses. Includes a glossary.

To find out how you can borrow books from the Library please see our guide to book loans. You can obtain copies of articles or extracts of books and reports by post, fax or email through our document supply service.

Can't find what you are looking for?

If you're having trouble finding the information you need, ask the Library & Information Service. Contact us by telephone on +44 (0)20 7920 8620, by web chat or by email at library@icaew.com.

ICAEW accepts no responsibility for the content on any site to which a hypertext link from this site exists. The links are provided ‘as is’ with no warranty, express or implied, for the information provided within them. Please see the full copyright and disclaimer notice.