After reading this chapter you will be able to: - Understand the importance of managing corporate cash and how cash management is instrumental to the ongoing operations of a company - Appreciate why cash managers are needed and the role they play in managing the day-to-day cash position and liquidity of the company - Review the historical evolution of cash management through to the current day - Learn the major terms, concepts and objectives of treasury and cash management This chapter sets the stage for all subsequent chapters, which will develop the topics more fully throughout the book
