Treasury accounting and assurance

Embedding International Finance Reporting Standards (IFRS) into your accounting, reporting and monitoring systems means asking yourself important questions like: Are my treasury policies robust enough? Do I meet the requirements of the Sarbanes-Oxley Act? How do I compare to other corporations?

In the shadow of IFRS, our surveys have shown that businesses like yours are turning their attention to managing their operational risk within their treasury functions, and compliance is on everybody’s mind.

Your challenges

• absence of a hedging policy
• profit and loss volatility driven by  sub-optimal hedging accounting and hedging policies 
• maintenance and re-orientation of your hedging strategy due to regulatory changes
• compliance with mandatory and complex regulations
• effectiveness of your internal audit policies and procedures
• skill gaps in your internal audit resources

How we can help you

We help you tackle your treasury accounting concerns by:

• assisting you in optimally reflecting your hedging strategy in your profit and loss and investigating other strategies (e.g. hedging accounting)
• providing the latest advice on dealing with standards related to financial reporting on derivatives and corporate treasury (e.g. IAS 39, FAS 133, Sarbanes-Oxley and local corporate governance requirements)
• guiding you through the maze of IAS 39 or FAS 133 and applying all the hedge accounting requirements related to cash flow hedges, fair value hedges and net investment hedges
• closely collaborating with your own internal audit resources to make sure your procedures and policies are up-to-date and able to perform an effective treasury audit at optimised costs
• testing the effectiveness of your controls and using market data to compare and benchmark you against peers and market best practices