Tujuan
- Meningkatkan pemahaman peserta terhadap produk dan aktivitas treasury beserta dengan risiko-risiko yang melekat pada aktivitas treasury dan sistem pengendalian internal yang diterapkan di dalamnya
- Pengenalan terhadap proses audit treasury, meliputi antara lain :
- A.Perencanaan audit treasury, Penetapan tujuan audit ,
- B. Pelaksanaan audit yang efektif dan efisien
- C.Pengkajian dan pembahasan temuan audit,
- D. Penyajian laporan hasil audit
- E.Evaluasi pelaksanaan audit
Materi
- Apa sajakah produk-produk treasury?
- Exchange Traded versus Over the Counter Market
- Apa sajakah komponen dari produk-produk treasury?
- Securitisation Forwards Optionality
- Cash Instruments
- Spot FX Transactions,Forward FX Transactions
- FX Rate Swap,Loans & Deposits
- Bonds,Equity Trading
- Commodity Trading
- Derivative Instruments
- Interest Rate Swaps,Currency Swaps
- Forward Rate Agreement (IR Forward)
- Option Contracts
- Fair Value and the Marking To Market Of Treasury Products
- What is MTM and FV?
- The issues with FV Accounting
- Importance of fair value in accounting for treasury products
- Accounting uses of fair value:
- Performance measurement
- Carrying value
- Disclosure
- Fair Value vs Accrued Value
- Inherent Risks In Treasury
- Market risk,Liquidity risk,Credit risk
- Operational risk, Strategic & Business risk
- Legal & Compliance risk, Reputational risk
- Internal Control Framework
- Inherent Risks in using exchange traded derivatives
- OTC contracts
- The management and control system
- Control Risks
- Role of Internal Audit
- Role of External Audit
- Auditing Framework, Objectives of Auditing,
External Audit versus Internal Audit - Financial Auditing, Operational Auditing, The Audit Approach
Identifying and measuring the risk factors
- Identifying and documenting the management and control system
- Identifying the aspects of the management and control system at risk
- Reviewing the adequacy of the management and control system
10. Designing The Audit Work Program
- Identify key risks
- Identify key aspects of internal control system
- Review adequacy of key parts of internal control system
- Identify attributes affected by risks
- Test validity of attributes at risk
11. Carrying Out The Audit Work
Key Audit issues with Treasury
- Completely recorded in timely manner
- Off premises trading
- Unauthorised trading
- Trading vs hedging designation
- Intra day position breaches
- Monitoring near to settlement trades
- Monitoring of liquidity risk
- Deposit and margin reconciliations
- Valuation and liquidity ,Concentration of transactions
12. Audit Techniques
Metode
Presentasi, Group Discussion ,Studi Kasus
Peserta
- Auditor internal and auditor eksternal yang akan melaksanakan audit treasury
- Staf dan pimpinan unit kerja treasury yang hendak mengembangkan sistem pengendalian internal pada unit kerja treasury
- Staf dan pimpinan perusahaan yang ingin memahami aktivitas treasury dan sistem pengendalian internal yang perlu diterapkan di dalamnya
Instruktur
Tri Ciptaningsih SE MM and team