Treasury QuestionnaireApril

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1、TREASURY CYCLE TRAINING MATERIALSINTERVIEW QUESTIONS AND GUIDEActivity CodeActivity DescriptionWP Expected9.0GeneralForecast cash/ manage cash flow Does the company perform cash forecast? What information does the company need to perform cash forecast? How does the company evaluate the cash forecast

2、?Establish bank account How many bank accounts does the company have? Who are the authorized persons of the bank account? What are the procedures for account opening? What do you use to authorize payment? Signatures or chops? Who keeps the chops? Can you make online fund transfer to external parties

3、? Who can execute the online fund transfer to external parties?9.1Investment securities(non-derivative equity and debt instruments)9.1.1Execute purchase agreement Who is authorized to execute on the Companys behalf? What is the review and approval process? What types of agreements are allowed? Does

4、the company utilize a broker?Standard purchase agreementAuthorization policy9.1.2Capture purchase information (security, quantity, price, trade date, interest rate, etc.) What information is captured? How is this information captured? Who maintains records? How is this information tracked?Standard f

5、orm9.1.3Record purchase on trade date (including proper held-to-maturity, held-for-sale and trading classification) How does the Company determine the purchase price? (Should be recorded at cost, which includes brokerage fees, taxes, and other charges incurred in their acquisition) Who records in th

6、e financial statements? Who has access to record transactions? Who reviews and approves the recording of transactions?9.1.4Calculate and record accruals and receipts of interest Who is responsible for recording accruals? What types of accruals do you have? What types of assumptions are used in the c

7、alculations? How often are the calculations reviewed for reasonableness? What is the review and approval process? How often do you receive interest payments? How is interest recorded in the system? Who records interest payment in the system?9.1.5Calculate and record amortization of premiums and accr

8、etion of discounts Do you have an amortization schedule? How often is the schedule reviewed and updated? Who reviews and approves?Amortization schedule9.1.6Calculate and record changes in carrying value of investment securities How does the Company ensure compliance with FASB Statement No. 115? (Thi

9、s statement was issued to address the valuation of securities. The statement applies to all debt securities and to equity securities for which a readily determinable fair value is available.) Who is responsible for the accurate classification of securities? (trading, held-to-maturity and available-f

10、or-sale) Does the Company have a policy in place regarding the transferring of debt securities between categories?o Who approves?o How is the carrying value calculated? o How do you ensure compliance with FAS Statement No. 115?o Who reviews and approves the calculations?o Who reviews the carrying va

11、lue for reasonableness?9.2Derivative contracts (non-inventory-related)9.2.1Execute contract Who is authorized to execute on the Companys behalf? What is the review and approval process? What types of agreements are allowed? Does the company utilize a broker?9.2.2Complete hedge documentation (if appl

12、icable) What information is captured? How is this information captured? Who maintains records? How is this information tracked?9.2.3Record related assets and liabilities Who has access to record? Who reviews? How is activity tracked? What reconciliations are performed?9.2.4Calculate and record perio

13、dic market valuation adjustments in accordance with applicable accounting standards Who has access to record? Who reviews?9.2.5Calculate and record settlements for related contracts Who has access to record? Who reviews? How is activity tracked? What reconciliations are performed?9.3Other unique/com

14、plex transactions (e.g. securitizations, etc.)9.3.1Execute contract Who is authorized to execute on the Companys behalf? What is the review and approval process? What types of agreements are allowed? Does the company utilize a broker?9.3.2Complete hedge documentation (if applicable) What information

15、 is captured? How is this information captured? Who maintains records? How is this information tracked?9.3.3Determine proper accounting treatment How does the company ensure compliance with GAAP? How do you monitor changes in GAAP requirements?9.3.4Calculate and record gains and losses on sale (if a

16、pplicable) Who is responsible for managing the sale of securities? Who approves the sale of securities? Who is responsible for calculating and recording the sale? Who calculates the gain or loss on sale? Who reviews? Is an approval needed to sale securities at a loss? Who records in the general ledg

17、er? How are the proceeds from sale received? 9.3.5Record related assets and liabilities Who has access to record? Who reviews? How is activity tracked? What reconciliations are performed?9.3.6Calculate and record periodic market valuation adjustments in accordance with applicable accounting standard

18、s Who has access to record? Who reviews? Who monitors compliance with applicable accounting standards?9.3.7Calculate and record settlements for related contracts. Who has access to record? Who reviews? How is activity tracked? What reconciliations are performed?Page 4 of 4April 2007DISCLAIMER: These questions are NOT all inclusive. This template is to be utilized as a starting point when conducting interviews with client process owners which may require additional follow up questions to capture the existing control environment.