Museum str
Badaro 4916 bldg, 3rd fl


Auditing the Treasury Function

January 24, 2017 From 09:00 am Till 06:00 pm

Gefinor Rotana Hotel

This seminar provides internal auditors with detailed insights as to the key risks that exist in the treasury  cycle, the seminar not only addresses the internal workings of the treasury department but sheds light on the overall governance of this process with specific focus on the effectiveness of controls at the Asset Liability Management Committee (ALCO), Risk Management and Treasury Back Office level :





  • Understanding the Treasury Cycle
  • The Treasury Process Flow
  • Segregation of Duties
  • The Governance of the ALCO.
  • The role of the Board of Directors in the Treasury Process
  • Key Process Risks & Mitigating Controls


Scope of Work


  • Treasury Front Office Operations
  • Money Market Operations
  • Foreign Exchange Operations
  • Securities Trading
  • Amortized Cost Versus Held for Trading
  • Capital Gains on Sale of Securities
  • Cost of Funds & Loan Pricing
  • Deposit Management
  • Asset Liability Management
  • Functioning of the ALCO
  • Effectiveness of the Market Risk Unit
  • Deal Ticket Processing
  • Role of the Treasury Back Office
  • Investment Policy
  • Liquidity Management
  • Correspondent Banking
  • Employee Accounts Trading
  • Internal Limits Setup & Monitoring


Understanding the Treasury Process


  • Preparing for the Audit
  • Developing the List of Requirements
  • Conducting the Desktop Review
  • Conducting the Understanding the Process Meetings
  • Key Areas of Focus During the Understanding Process
  • Identifying Control Design Deficiencies


Developing the Treasury Audit Program


  • Identifying Process Risks
  • Identifying Controls that Mitigate Process Risks
  • Documenting Testing Procedures to Assess Effectiveness of Identified Controls


Internal Control Testing


  • Sampling Selection
  • Testing of Internal Controls
  • Documenting Audit Test Results


Internal Audit Reporting


  • Conducting the Exit Meeting
  • Developing the Internal Audit Report
  • Sample Treasury Audit Observations


Who Should Attend


  • Heads of Internal Audit
  • Internal Audit Managers
  • Senior Internal Auditors
  • Internal Auditors


Trainer: Mr. Mohamad Kaissi


Mohamad is a Certified Internal Auditor with experience in Internal Audit, Risk Management, Risk Assessment, Sarbanes Oxley, Internal Audit Capacity Building and Corporate Governance.  Mohamad is an Internal Audit practitioner and is currently the Head of Internal Audit at Banque Misr Liban (BML) in Beirut, Lebanon.

Mohamad previously worked with both Deloitte Enterprise Risk Services (ERS) in the Middle East and Ernst & Young Business Risk Services (BRS) in Doha, Qatar. Mohamad’s consultancy background in addition to his current role as a Head of Internal Audit provides him with practical insights allowing him to effectively deliver internal audit related training courses.



Qualifications & Professional Affiliations


  • Executive Masters in Business Administration – American University of Beirut ( AUB)
  • Certified Internal Audit ( CIA) – Institute of Internal Auditors (IIA)
  • Certified in Risk Management Assurance (CRMA) – Institute of Internal Auditors (IIA)
  • Former Governor – Institute of Internal Auditors Lebanon Chapter
  • Business Chapter Committee Member – WAAUB Alumni Business Chapter


Auditing the Treasury Function

This seminar provides internal auditors with detailed insights as to the key risks that exist in the treasury cycle

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