Articles published | Τhe 12 Myths of Treasury
Treasury remains one of the most misunderstood yet essential functions in any business. From ensuring liquidity to managing financial risks, treasurers play a pivotal role in navigating companies through uncertain waters. However, over the years, I’ve encountered several myths and misconceptions about treasury—ideas that limit its perceived value or oversimplify its complexity.
Let’s explore The 12 Myths of Treasury and set the record straight.
Myth 1: Treasury Is Just About Cash Management
Myth 2: Treasurers Don’t Need to Understand the Business
Myth 3: Treasury and Accounting Are the Same Thing
Myth 4: Treasurers Only Work with Banks
Myth 5: Technology Will Make Treasurers Obsolete
Myth 6: Treasury Doesn’t Add Value to the Business
Myth 7: Treasurers Don’t Need Leadership Skills
Myth 8: Treasury Is Only Relevant in Large Companies
Myth 9: FX Hedging Is Just Gambling
Myth 10: Treasury is All About Short-Term Tasks
Myth 11: Liquidity Will Always Be Available When Needed
Myth 12: Any Finance Professional Can Handle Treasury
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Debunking Misconceptions and Raising Awareness - Treasurymasterminds Community