Upcoming Webinars from Debt Compliance Services

Treasury’s Material Weakness

Many treasuries have inadequate financial controls that do not justify their assertions of being in full compliance with their debt covenants. Assertions that they make to their lenders and auditors. Assertions they make in their 10-K risk factors, debt notes, and SOX certifications. If there is a technical default, it will be like the tide going out, and everyone will see that treasury has been swimming naked.

Many treasury officers know in their hearts that just sending the ratios and financials on time does not justify being in full compliance. They are uncomfortable about ignoring 95% of their other covenant requirements. But what can you do? It’s always been done that way.

In this 45 minute webinar, we will show you how to get out of the hole that treasury is in. It starts with a comprehensive debt compliance policy and what should be in it. You will leave with an action plan to start a conversation with your CFO about what is necessary to keep your word to your lenders and auditors, and better protect your Company – and your job.

All registrants will receive our DCS Best Practices Debt Compliance Policy in Word, so you can easily edit for your own company.

Date: July 24, 2019 @ 2:30 pm EDT