Forex Treasury Operations Review

We also undertake review of the treasury's forex operations. This is a specialized function and corporates find it useful to get an review report from a professional organisation with the requisite skills. The scope of work is as follows:

 
A. To review the current forex treasury operations with respect to the Forex Risk Management Policy (approved by the Board of Directors).
B. To review the current operations and processes of the Treasury function of the company relating to foreign exchange transactions.
C. To ascertain whether the transactions are within the parameters laid down by the Risk Management Policy and report exceptions, if any.
D. To assess whether the transactions review are supported by adequate documentation, authorized, entered in the books of accounts and are in compliance with regulations. 
E. To ascertain that the rates (spot, forward, Libor, POS, COS etc.) entered into are in line with the market rates. 
F. To review the Forex Management Information System (MIS) and management reporting.