Course Overview 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 authorised within strict controls.Thirdly, some of the treasury’s work is highly specialised 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.
Training Duration Total Training Hours : 20-24 Hours
Training Duration : 1 Week
Total Training Days : 4 Working Days
Training Schedules Weekdays (Sunday to Thursday)
Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm)
Food & refreshments Included

WeekEnds (Friday & Saturday)
Fast Track Sessions: 8 Hours per day (9am to 5pm)
Food & refreshments Included
Certifications: 1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE

2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address)
Tests Yes
Learning Aids Yes
Course Material Hard & Soft Copies of Study Material
Language of Instruction English
Instructor Helpline Yes
1. Email
2. Social Media (For Emergency requirements)
Registration Requirements 1. Passport Copy
2. Curriculum Vitae
3. Passport size photographs
4. Course Fee
Mode of Payment: Cash / Cheque / Credit Card / Bank Transfer.
Eligibility Criteria
(Who should attend this training)
Everyone in the treasury department
Course Benefits This training will help you to learn the following :
• 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
Course Contents / Outline

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.
Systems security and use.

Introduction to workshop

The role of Treasury

Business models
Management objectives
Role of ALCO
Business plan
Risk culture & risk awareness
Performance measurements

P&L, benchmarking, transfer pricing
Reporting lines

Segregation of duties
Function of risk management

Market Risk

What it is & why we measure it
Gap reporting
Basis point value
Value at risk
Back testing
Stress testing
Earnings at risk
Liquidity risk

What it is, why we measure it
Liquid assets, ratios, cash flow report
Funding sources
Credit risk

What it is, how it occurs
Credit spreads

Operational risk

Risk reporting

Validity of data
Reporting of excesses and action
Limit structures

What is an appropriate limit structure?
Do they capture all the risks?
Operational issues

Trade data capture
Escalation processes
New products

What should be completed before dealing
Complex products

Pricing models
Validation & testing

Record keeping
Use of standard master agreements
External legal opinions
Disaster recovery

How should it work?
How banks have lost money

Selected examples


© Laurels Training Institute 2017. All Rights Reserved.