Treasury Management explain the objective of treasury management as "the management of an organisation's cash flow, its borrowings and its investments, in such a way as to control the related risks, and to achieve a high level of performance or return, consistent with those risks".

Required:

i. Explain how the Treasury Manager's attitude to risk will differ in a public service environment from that which may be found in the private sector.

ii. Identify and explain the types of risk that should be considered when making investment decisions.

iii. Outline the steps that will be taken to evaluate and control the risks.