Strong treasury controls can make or break the reliability of your financial environment, and this Treasury Internal Controls Questionnaire gives leaders a clear, structured way to evaluate and strengthen those controls with confidence. This tool guides process owners through the key activities that ensure compliance, accuracy and accountability across cash management, banking operations and broader treasury functions, helping organizations quickly pinpoint gaps and reinforce control effectiveness.

This tool includes two samples. Sample 1 provides a detailed questionnaire covering core treasury activities, control responsibilities and process changes, allowing users to assess day-to-day practices such as reconciliations, approvals, fund transfers and cash handling. Sample 2 expands the evaluation to borrowing, cash accounting, investments and derivative management through a structured table format that captures control design, operating effectiveness, deficiencies and management action plans, giving organizations a comprehensive view of their treasury control landscape.

Sample questions include:

• Are all bank accounts opened and maintained in the name of the legal entity to which they relate?
• What metrics do you review or procedures do you perform to assess the adequacy of controls?
• Are reconciliations reviewed and approved by an individual other than the preparer?