Treasury and Cash Management Audit Training Course

Course Introduction

Effective treasury and cash management are crucial to maintaining fiscal stability and ensuring that public funds are utilized efficiently. This course equips participants with practical and strategic skills to audit cash flows, monitor treasury operations, and enhance accountability in public finance management.

Participants will gain in-depth knowledge of cash management principles, treasury policies, and internal controls. Emphasis is placed on auditing procedures that verify accuracy, compliance, and transparency in government and public institutions.

The course integrates techniques for evaluating liquidity management, forecasting cash needs, and reconciling bank accounts. Participants will learn to identify discrepancies, prevent misappropriation, and enhance financial reporting integrity.

Practical exercises will include treasury reconciliations, analysis of cash transactions, and verification of bank statements. Participants will also learn to communicate findings effectively to management and oversight authorities.

The program emphasizes risk assessment, fraud detection, and governance in cash operations. Participants will develop the ability to create actionable recommendations that strengthen internal controls and reduce exposure to financial risks.

By the end of the course, executives and finance managers will be equipped to ensure transparency, efficiency, and robust financial governance in treasury and cash management operations across public institutions.

Duration

5 days

Who Should Attend

• Treasury and Cash Management Officers
• Internal and External Auditors
• Finance and Accounts Managers
• Risk and Compliance Officers
• Budget and Planning Officers
• Audit Committee Members
• Public Sector Executives overseeing funds
• Program and Project Managers managing cash flows
• Legal and Tax Advisors in public finance
• Anti-Fraud and Revenue Protection Officers

Course Objectives

• Equip participants with advanced auditing skills specific to treasury and cash operations.
• Strengthen understanding of treasury policies, cash management, and regulatory compliance.
• Develop capabilities to detect misappropriation, fraud, and financial discrepancies.
• Enhance risk-based auditing techniques tailored to liquidity and treasury operations.
• Promote robust internal controls, governance, and accountability in cash management.
• Foster effective reporting of audit findings to management and oversight bodies.
• Enable participants to analyze cash flow data for accuracy, completeness, and compliance.
• Provide tools for forecasting cash requirements and monitoring liquidity performance.
• Support evidence-based decision-making to enhance public fund efficiency and transparency.
• Build capacity for continuous improvement in treasury operations and audit practices.

Comprehensive Course Outline

Module 1: Fundamentals of Treasury Management

• Overview of treasury operations in public institutions
• Principles of cash management and liquidity
• Legal and regulatory frameworks
• Ethics and integrity in treasury operations

Module 2: Risk Assessment and Planning

• Identifying cash management vulnerabilities
• Risk-based audit planning techniques
• Prioritizing audit focus areas
• Resource allocation for audit efficiency

Module 3: Cash Flow Monitoring and Control

• Tracking inflows and outflows
• Reconciling bank and ledger accounts
• Cash flow reporting and forecasting
• Internal control mechanisms

Module 4: Audit Techniques and Methodologies

• Sampling and testing cash transactions
• Verification of receipts and payments
• Evidence collection for treasury audits
• Fieldwork documentation best practices

Module 5: Fraud Detection and Prevention

• Common treasury fraud schemes
• Fraud risk indicators and red flags
• Implementing anti-fraud controls
• Investigating irregularities in cash operations

Module 6: Reporting and Communication

• Structuring actionable audit reports
• Presenting findings to executives and oversight committees
• Recommendations for strengthening controls
• Follow-up procedures and compliance monitoring

Module 7: Emerging Trends in Treasury Operations

• Digital payment platforms and e-treasury systems
• Cybersecurity risks in treasury management
• Automated reconciliation systems
• Best practices for innovative cash management

Module 8: Policy, Governance, and Compliance

• Treasury policies and legal obligations
• Internal governance frameworks
• Regulatory compliance monitoring
• Strengthening accountability mechanisms

Module 9: Case Studies and Practical Exercises

• Real-world treasury audit scenarios
• Lessons from international treasury audits
• Peer review and group problem-solving exercises
• Benchmarking global best practices

Module 10: Enhancing Institutional Capacity

• Continuous improvement in treasury operations
• Integrating audit recommendations into practice
• Building stakeholder confidence and trust
• Future-focused treasury audit strategies

Training Approach

This course will be delivered by our skilled trainers who have vast knowledge and experience as expert professionals in the fields. The course is taught in English and through a mix of theory, practical activities, group discussion and case studies. Course manuals and additional training materials will be provided to the participants upon completion of the training.

Tailor-Made Course

This course can also be tailor-made to meet organization requirement. For further inquiries, please contact us on: Email: training@upskilldevelopment.com Tel: +254 721 331 808

Training Venue

The training will be held at our Upskill Training Centre. We also offer training for a group (at a discount of 10% to 50%) at requested location all over the world. . The course fee covers the course tuition, training materials, two break refreshments, buffet lunch, airport transfers, Upskill gift package and guided tour.

Visa application, travel expenses, dinners, accommodation, insurance, and other personal expenses are catered by the participant

Certification

Participants will be issued with Upskill certificate upon completion of this course.

Airport Pickup and Accommodation

Airport pickup and accommodation is arranged upon request. For booking contact our Training Coordinator through Email: training@upskilldevelopment.com, +254 721 331 808

Terms of Payment

Unless otherwise agreed between the two parties payment of the course fee should be done 3 working days before commencement of the training so as to enable us to prepare better.