Auditing The Treasury Function: Best Practices And Key Insights For Auditors

Auditing The Treasury Function: Best Practices And Key Insights For Auditors

Rationale

Auditing a bank Treasury can be significantly different from auditing a Corporate Treasury, or any other unit within the bank. Because the treasury function is specialized and the space highly guarded by all banks, most auditors (internal and external) are unsure what to look out for or the right questions to ask, making the task of auditing the treasury function mostly superficial.

Learning Objectives

• Demystify the treasury function to equip auditors with clarity on its roles, activities, and risks.
• Identify key control areas, processes, and red flags unique to bank treasury operations.
• Apply practical audit techniques to assess compliance, effectiveness, and risk management within the treasury.
• Strengthen auditors’ ability to ask the right questions and provide value-adding insights during treasury audits.

 Learning Outcome

• Gain a clear understanding of the structure, roles, and risks of a bank treasury.
• Recognize critical control points and red flags in treasury operations.
• Apply effective audit approaches tailored to treasury activities.
• Deliver value-adding insights through focused questions and practical recommendations.

 Course Content

• Overview of Treasury Functions
• Treasury Departments and Key Stakeholders
• Importance of Auditing the Treasury Function
• Treasury Products and Instruments
• Audit Planning for Treasury Functions
• Understanding Key Risks in Treasury
• Conducting the Audit: Key Processes and Controls
• Auditing the Treasury Front Office
• Auditing the Treasury Back Office
•  Reporting and Follow-Up in Treasury Audits

Duration: 3 days

Skill Level: Advanced

Delivery Mode: In-person

Month: April