IGTA Journal - Summer 2020

Luxemburg, Article: Do auditors have forgotten that cash was king? The Wirecard scandal raises questions about quality of audit processes and accuracy of controls. By Francois Masquelier, Chairman of ATEL, the Luxemburg IGTA Member Association, and Deputy Chairman of EACT, European Association of Corporate Treasurers, from Simply TREASURY – Luxembourg, August 2020 …………………………………………………………......page 27-29 Luxemburg, Article: Negative interest rates and COVID 19, the Molotov Cocktail By Francois Masquelier, Chairman of ATEL, the Luxemburg IGTA Member Association, and Deputy Chairman of EACT, European Association of Corporate Treasurers, from Simply TREASURY – Luxembourg, August 2020 ……………………………………………………………......page 30-31 Luxemburg, Article: Up to which level can negative rates help highly indebted States? By Francois Masquelier, Chairman of ATEL, the Luxemburg IGTA Member Association, and Deputy Chairman of EACT, European Association of Corporate Treasurers, from Simply TREASURY – Luxembourg, August 2020 …………………………………………………………….....page 32-33 UK, Article: Conserve Cash, Manage Down Debt CFOs of multinational corporations expect heavy impacts on their businesses and are shoring up their balance sheets, according to Deloitte´s CFO Survey. From The Treasurer, August/ September 2020, magazine of ACT, Association of Corporate Treasurers, UK, the British IGTA Member Association ……………………………………………………………….….page 34 Please turn over IGTA eJournal | Summer 2020 | 3