Overview of Receivables Function in the Treasury Office

Successfully and securely receiving payments is critical to a functioning Treasury Office. Governments accept a wide variety of receivables for fees and services through various means. Receivables must be processed and managed in a timely fashion to maintain a consistent cash flow to the organization and ensure the safety of funds. This session will provide attendees with the building blocks of having robust receiving functions in the Treasury Office through review of GFOA’s best practices, government case studies, and discussion questions focused on issues related to receiving funds at governments of all sizes and types.

Who Will Benefit: CFO/Finance Director, Controller, Treasurer, Department Director

• Understand the fundamental responsibilities of the Treasury Office when receiving funds
• Learn what policies and procedures should be in place for receiving
• Identify major risks related to receivables in the Treasury Office, including inadequate internal controls and fraud