Certified Treasury Auditing & Management Professional

The central position of the treasury in the running of any company makes it essential that its activities are conducted efficiently and under control. Any failure in the treasury’s activities could have serious repercussions for the business as a whole.

Secondly, the values of some of the transactions going through the treasury are significant. Any such payments need to be initiated and authorized within strict controls.

Thirdly, some of the treasury’s work is highly specialized and quite complex, particularly in the trading of derivatives and foreign exchange, for example. Too many companies have been caught out by failures in their internal processes and so they need to be audited more tightly.

Finally, the increasing use of technology has made error and fraud easier to commit and harder to detect. Internal audits are one check on the control and monitoring procedures for such technology.

Benefits:

• The role and structure of treasury in the corporation/bank
• The audit of interest rate & foreign exchange risk management
• The audit of asset and liability management
• The audit of liquidity risk management
• The audit approach for sophisticated instruments
• Auditing the measurement of interest rate and currency exposure
• Auditing and analysing different kinds of risk
• Understanding and auditing different risk management instruments
• Understanding and auditing controls operation in the treasury environment

Contents:

• Auditing The Treasury – Identify, Analysing and Managing Risk
• Auditing Asset & Liability Management
• Auditing Bank Capital Management
• Auditing the Dealing Room
• Auditing the Middle and Back Office
• Auditing Foreign Exchange and Foreign Exchange Risk Management
• Auditing Interest Rate Risk Management
• Auditing the use of Money Market and Other Asset Classes
• Auditing the use of Derivatives, Forward Transactions and Corporate Governance
• Auditing the use of Swaps & Associated Products
• Rules Regulations and Stress
• The treasury policy and the treasury’s activities.
• Segregation of duties.
• Documentation.
• Systems security and use.