About SCAFP
The Southern California AFP (SCAFP), founded in 1975 as the Cash Management Association of Southern California, is a not-for-profit
professional association serving financial professionals in Southern California. SCAFP is affiliated with the Association for
Financial Professionals (AFP), based in Bethesda, Maryland. We are one of sixty-four regional associations that support AFP’s mission
across the United States, Puerto Rico and Canada to increase the stature of the finance and treasury profession. Our members include a
variety of levels from the finance area from Fortune 500 companies, mid-size companies, international firms as well as representation
from all major and mid-sized banking and financial institutions from California and across the country.
Our mission is to provide educational and career development opportunities and an interactive forum for the exchange of ideas. SCAFP
holds monthly meetings and webinars in the greater Los Angeles, Orange and Ventura County area that provide continuing education on the
latest and evolving world of treasury and finance. Our luncheon meetings and webinars provide the opportunity to meet and network with
colleagues and peers in addition to earning CTP certification credits. The Certified Treasury Professional (CTP) credential is recognized
worldwide as the leading benchmark of competency in corporate treasury.
SCAFP hosts an annual two-day SoCal EXPO that provides the opportunity to attend educational sessions that will bring you valuable
information on the many financial services provided by Banks, non-bank Financial Institutions and other third party providers of
financial services to businesses and corporations. You can earn up to 12 CTP credits for attending this high-profile event.
Consider joining our association to increase your knowledge and experience, meet your peers in the industry and have some fun too!
SCAFP would like to thank our sponsors:
President's Message
Randy Gehres, CTPPresident
Did you know according to the Governor's office, California is now the eight ranking economy in the world with a population of over 34 million? The
Port of Los Angeles is the number one port by container volume and cargo value in the United States. As a third generation Southern Californian
I am honored to be your President for the 2012-2013 term. The Southern California AFP (SCAFP) is a not-for profit professional association that
provides a forum for the exchange of ideas and prospectives on the Treasury Management and Financial Industry. SCAFP is affiliated with the
Association for Financial Professional (AFP), based in Bethesda, Maryland.
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News Items
Best Practices: Pay Chinese Suppliers in RMB to Save USDEarlier this year the Chinese government allowed all companies in China to make and receive cross-border payments in RMB--a significant breakthrough for treasurers. That's because trading in renminbi eliminates the need for Chinese companies to go through an FX cancellation procedure and receive permission from China's State Administration of Foreign Exchange to convert other currencies into renminbi, Nader said. Additionally, treasurers no longer have to worry about exchange rate fluctuations. "They can actually bill exactly what they want to get," he said. "This is huge."
read more >>Technology Hits Treasury Groups in a Big Way - FinallyTreasury technology was supposed to explode after the passage of Sarbanes-Oxley followed by the push toward globalization and the financial crisis of 2008-09. But adoption has been slow in recent years.
This time, it's different. Really.
read more >>AFP 2013 Business Outlook: Caution and Modest Growth AheadFinance professionals remain cautious in their economic outlook, believing the U.S. economy will grow at a modest pace of 1.7 percent in the coming year, creating an additional 1.3 million jobs, according to a survey released today by the Association for Financial Professionals (AFP).
read more >>
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