Let’s say you’ve been working in Treasury for a couple of years. If
you’re in a small to mid size company, chances are pretty good that
you’ve had a little bit of everything land on your desk. In a large
company, you may have been more specialized in Cap Ex, or Budgeting, or
any one of several other areas. Every company is arranged differently,
so it’s not really important. What is important is that the credential
is intended to give you a grounding in all the different aspects of
Treasury as it is today. This is important because, regardless of your
experience, there are going to be topics and subjects that are
unfamiliar, or less familiar, to you. As you’re studying the BOK, make
special note of those topics or subjects.
When you get closer to exam time, you’ll want to pull out that list
of topics and subjects and re-visit them, precisely because they are
unfamiliar to you. It is entirely possible that you can use logic and
reasoning to figure out the answer to a question related to a topic or
subject that is familiar to you. With a question on a topic or subject
that is unfamiliar, sometimes the best you can do is go
My suggestion is to take time, after you’ve gone through the BOK but
before the exam, and go back over the unfamiliar parts in a deeper dive
to increase your understanding to the greatest degree you can.
Obviously, you won’t know it as well as a 20 year veteran, but you
should be able to grasp the principles and theories presented in the
text. That’s the starting point for all of us.
- Fred Butterfield, CTP