Elevate your organization's financial integrity with this Treasury and Cash Management Audit Work Program. Designed to streamline your audit processes and enhance compliance, this tool enables internal audit teams to identify risks, enforce controls and optimize cash management practices, ensuring that your organization operates with maximum efficiency and security.

This tool features five samples that illustrate its practical application. Sample 1 focuses on planning and initiation, guiding auditors through risk areas such as segregation of duties and application security analysis. Sample 2 delves into user access analysis, helping to assess whether individuals have appropriate permissions for their roles. Sample 3 emphasizes application security analysis, utilizing queries to detect vulnerabilities like duplicate passwords and failed login attempts. Sample 4 addresses granting and revoking user access, ensuring that procedures are in place for managing user permissions effectively. Lastly, Sample 5 examines Oracle database security, verifying user privileges, and ensuring compliance with best practices for data protection.

Steps in this audit program include:

• Determine subsidiaries’ responsibility for bank account confirmation and reconciliation.
• Ensure that dual authorization controls are established and used (e.g., nonrecurring wires).
• Gain an understanding of the reconciliation process. Ensure that wires are properly accounted for and that there is a process for dispute resolution.