ACTSA, the Association of Corporate Treasurers of Southern Africa, was formed in 1988 to provide a forum for the promotion of the common interests amongst corporate treasurers in Southern Africa.
In the fast developing world of finance, the management of a corporations cash flows, investments, borrowings and financial exposures is no longer left to the accountant, who may not have the neccesary understanding of the risks and required management skills.
Treasury is the responsibility of trained specialists whose expertise includes financial strategy formulation, a knowledge of investments, the management of the treasury systems and banking relationships, and the management and understanding of market, interest and liquidity risks.
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