Client Stories
Client stories and testimonials from Analyticsgateway treasury control reviews and financial auditing work in Hong Kong.
Voices from recent engagements
“They caught a dormant secondary signatory still listed on two HKD accounts — something our last external audit sample never touched. The write-up was blunt in places, which our audit committee actually preferred.”
“Scheduling around month-end was awkward, and we had to pull reconciliations twice. Once on site, though, the payment-authority walkthrough was the clearest we have had in years.”
“We hired them for cash position verification ahead of a facility renewal. The pack showed our FX rate source for board cash was three days stale on Fridays — a small fix that saved an uncomfortable lender question.”
“Not every finding was a crisis; a few were housekeeping. What mattered was that each one pointed to a document or a person we could actually follow up with.”
Extended story: payment authorities after a shared-service move
Context. A Hong Kong holding company moved cheque and portal payments into a new shared-service desk in Kowloon Bay. Mandates still named treasury staff who had transferred to other roles. Dual control existed on paper; in practice, urgent vendor payments sometimes used a shared hardware token.
What we did. A Payment Authority Audit over nine bank channels, plus observation of two payment runs. We compared bank forms to HR leavers and role charts, then sampled weekend releases for three months.
Outcome. Twelve ranked findings; three treated as priority before the next audit committee. Within six weeks the client retired two dormant signatories, split token custody, and documented an emergency-release log. The finance director noted that the first draft of our findings felt harsh on tone — we revised wording for the committee pack while keeping the risk ranking intact.
Extended story: reconciliation breaks before year-end
Context. A multi-entity trading group faced year-end with aged suspense on two USD nostros. Controllers believed the breaks were timing differences; the treasurer suspected incomplete broker settlements.
What we did. Bank Reconciliation Oversight on six accounts, aging open items, and interviews with preparers under month-end pressure.
Outcome. Two breaks traced to misposted FX differences older than ninety days; one to an unrecorded bank charge. The findings pack gave the CFO a clear ask for the brokers and a short list of process changes for the next quarter — without claiming the books were “clean” overall.