Flagship review

Treasury Control Review

A full examination of cash movement controls, bank mandates, payment authorities, and reconciliation discipline — written for boards and audit committees.

At a glance

Typical duration
Two to four weeks, depending on entity count
Delivery
On-site in Hong Kong (Kwun Tong office or your treasury floor); remote document review as agreed
Fee basis
Fixed fee after scoping — from HK$85,000
Prepared for
CFOs, group treasurers, internal audit

Next step

Share your entity list and bank account count. We return a proposed perimeter and fee range within two business days.

Request a scoping call

Who this engagement serves

Finance leaders who need an independent reading of treasury controls before external audit, a banking restructure, or an audit-committee deep dive. Typical clients hold multiple HKD and foreign-currency accounts across group entities and rely on a small treasury desk rather than a global cash factory.

Result you can take forward

You leave with a control map of in-scope accounts, a ranked findings list tied to evidence, and a remediation briefing that names owners and realistic timelines. The pack is written so non-treasury directors can follow the risk without a glossary.

Scope included

  • Bank mandate and dual-control verification against current signatory lists
  • Payment authority matrix walkthrough (initiator, approver, releaser)
  • Sample testing of high-value and unusual payments over an agreed period
  • Cash position reporting: cut-off, FX rate sources, and intercompany sweeps
  • Reconciliation completeness, aging of breaks, and escalation paths
  • Closing discussion with your nominated finance sponsor

Scope excluded

  • Full statutory financial statement audit
  • Fraud investigation or forensic reconstruction (we will flag indicators and recommend specialists)
  • Implementation of new banking platforms or ERP modules
  • Ongoing outsourced cashiering

Provider and process

Reviews are led by practitioners with corporate treasury and internal-audit backgrounds, based from our Kwun Tong office. Work follows our engagement process: scoping call, evidence request, floor review, then findings pack.

Duration and preparation

Most single-entity reviews complete in two to three weeks once evidence arrives. Multi-entity groups typically need three to four weeks. Before kickoff we send a document checklist; incomplete bank mandates are the most common delay.

Constraints

We require named access to treasury and accounts-payable contacts during fieldwork weeks. Reviews scheduled across Chinese New Year or peak month-end close may need flexible visit days.

Fee basis

Quoted as a fixed fee after scoping. Starting point for a single Hong Kong entity with a modest account set is from HK$85,000. Multi-entity or multi-currency hubs are priced after the scoping call. See Fees for related engagements.

Next step

Request a scoping call with your entity list and approximate bank account count. We respond within two business days.