Upon completion you’ll be able to:

• Effectively plan risk-based treasury audits that add value as well as provide assurance
• Gain a deeper understanding of the key issues of control failure concerning strategy and operations
• Identify early warning signals of potential problems
• Understand how to effectively promote best practice and communicate lessons learned.

CONTENT

Overview of Treasury Fundamentals and the Link to Value

• Treasury remit for alignment with overall business strategy
• Design of treasury strategy and policies
• Risk implications of analysis and performance reporting
• Robustness of service objectives
• Risk management activities with appropriate benchmarks
• Appropriateness of current treasury services to stated needs.

Treasury Organisation and Structure

• Advisory/in-house bank
• Cost centre/value-added cost centre/profit centre
• Centralised/decentralised
• Advanced/intermediate/elementary
• Segregation of duties
• Structure of a typical corporate and bank treasury
• Front, middle and back office structures
• Beyond the dealing room.

Treasury Risks (includes risks in the dealing operation)

• Human
• Operational
• Market and credit risks
• Risk mapping
• System management.

Auditing Treasury

• Audit universe
• Treasury jargon
• Methodology
• Risk based assurance plans
• Terms of reference – quality of internal audit coverage
• Evaluating findings and assessing their significance
• Value adding audit report (style, structure, information, clarity, language)
• Actively reassess audit plan and adapt the audit process.

Tackling Audit Challenges

• Staff interviews at all levels of management and operations
• Critical review of strategy, policy, objectives, procedures and guidelines
• Review of treasury organisation
• Warning signals and what to look for. 

Treasury Management Systems

• Security violations (including cyber fraud)
• Audit trail
• Capacity and capability
• Key interfaces
• Disaster recovery and business continuity.

TRAINING METHODOLOGY

The training methodology combines lectures, discussions, group exercises and illustrations. Participants will gain both theoretical and practical knowledge of the topics. The emphasis is on the practical application of the topics and as a result participant will go back to the workplace with both the ability and the confidence to apply the techniques learned to their duties.

FOR WHOM:

Internal Auditors, Accountant, Treasurers, Treasury Managers, Controllers, HR managers, Board of Directors and other who perform related functions in the public and private sectors.

DATE:

1ST BATCH: 16th – 19th June, 2020

2ND BATCH: 9th – 12th Mar, 2021

THE COURSE FEE WILL COVER YOUR:

Tea/Coffee with snacks for breakfast, Lunch, Flash Drive & Training materials, Executive bag and writing materials, Group Photographs and Certificate.