Optmization of Treasury

therefore behave both in a retrospective perspective and from a forward-looking perspective. The following synoptic
table consolidates the various financial documents that are reached:
Financial and accounting
records
'direct' Impact of the flow of funds
on the heritage of the firm (jobs and
long-term resources)
"indirect" Impact of the flow
of funds on the heritage of the
firm (operating cycle)
Retrospective records
Prospective Documents
Balance Sheet – Table of funding
(or in’s and out’s) profit and loss
Income Statements
account
Documents de synthèse :
Tableau des variations d’encaisse
Plan funding
Operating Budget
(or investment)
Synthesis Documents:
cash (annual)
Budget forecast (monthly) cash Positions
Balance-Sheet Forecast
Forecasted Income Statements
TABLE n° 4: Documents analysis of flows of funds.
I - THE RETROSPECTIVE ANALYSIS OF THE VARIATIONS OF CASH: THE EXPLANATION OF THE FINANCIAL BALANCE.
The fact that a company continues to exist is proof that financial balance has been achieved so far. This finding does
not, however, to assess the conditions in which the credit has been provided. Admits so commonly a double interest
in an ex-post variation of cash consideration:
Firstly, it is the instrument of an explanatory study of the movements of funds passed;
On the other hand, it provides a means of control of the forward-looking management of cash.
Financial analysis known at the present time, reconstruct variations in cash in a real summary table of cash from the
General accounting data.
A - THE FLOW OF FUND ACCOUNTING.
The General Ledger are two types of accounts:
The "balance" accounts, or accounts heritage,
The "accounts", or accounts operating, and therefore, two types of flows:
1. The economic stream,
2. Operation flows.
1 - HISTORIC FLOWS.
The turnover flows correspond to movements of funds affecting the balance sheet items. Their identification and
their measurement are carried out by the comparison of various successive balance sheets. In this regard, we divide
heritage flows into two categories:
1. 1 ° 'jobs' carried out by the company during the period under review; they correspond either to the assets
increases, decreases in liabilities.
2. 2 ° 'resources' obtained by the company during the same period; They include either increases in liabilities
or decreases of assets
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