ETHICS, GOVERNANCE AND REGULATION IN TREASURY ASSIGNMENT
Select an organisation which is operating globally in more than three currencies, and is listed on the UK Stock Exchange. To help you make a good choice please review the publically available information for the organisation, in particular a detailed annual report and accounts for its most recent year end and details regarding its treasury operations.
Organisation - Vodafone Group Plc - Annual Report 2017.
You are then required to write a critical essay which considers the following four areas:
1. Treasury Operations - do these appear to be robust or are there improvements that can be made? If so what are the improvements that you would recommend?
2. IT Systems - does the organisation use a system to manage its treasury operations? If not, what type would you recommend? If it does, explain why the system is a good choice for the organisation.
3. Ethics - explain whether you think the organisation acts ethically in its treasury operations. What changes would you make to improve this area and why?
4. Treasury Performance - by considering at least 3 measures evaluate the performance of the treasury function. For poor performing areas recommend changes and explain how they will address the weakness you have identified.
You need to identify 3 relevant performance measures for your organisation.
You can use the ratios for this which may be able to be calculated from the annual report and accounts, or indeed may already be included in these!
- Explain the ratio you are using
- Calculate it
- Evaluate the result. For example, you can calculate for the previous and current year and compare them to see whether it is improving, getting worse or staying stable.
- Where the performance is getting worse explain how you would change things to change this.
If there are no ratios that you can calculate for Treasury then:
1. Explain what 3 performance measures you would use to evaluate that specific organisation's treasury.
2. Explain how these performance measures would be used by Treasury
3. Explain what action could be taken if these performance measures show poor performance.
Attachment:- Assignment Files.rar