This sample audit program provides general steps an organization can use when performing a foreign exchange audit.

Sample steps in this tool include: confirm that access to the dealing room is restricted to authorized staff, confirm that an up-to-date contingency plan covering both front and back-office procedures is in place, confirm that copies of the global treasury and derivative policy manuals are kept by the dealers in the front office and that compliance with these manuals is adequately monitored, and confirm that a copy of the credit manual is kept by the treasury administration and that compliance with this manual is adequately monitored.