Audit

CNS Treasury’s read-only auditor access streamlines audits by providing real-time visibility into trade lifecycles, exposure handling, automated hedge accounting, IFRS9 compliance, and MTM valuations, enhancing transparency and reducing audit time.

Streamlining Audits with CNS Treasury's Read-Only Access: Enhancing Transparency, Compliance, and Efficiency

CNS Treasury offers read-only access for auditors, streamlining the audit process and providing full transparency for our clients. This feature allows auditors to directly access the platform, reviewing critical data such as trade lifecycle capture, exposure handling, and automated hedge accounting processes, all while maintaining the security and integrity of client data. By giving auditors real-time access to all relevant information, CNS simplifies the audit process, ensuring that compliance with IFRS9 standards and other regulations is clearly documented and easily verifiable.

Auditors can view the full lifecycle of FX trades, from initial exposure identification to settlement, along with all supporting documentation. The platform's comprehensive reporting, including hedge effectiveness testing, independent MTM valuations, and policy compliance, provides a complete overview of the company's FX risk management activities. This real-time access to accurate and detailed reports eliminates the need for lengthy data collection or manual report generation, reducing audit times and improving efficiency.

With CNS Treasury’s read-only auditor access, auditors can review automated hedge accounting workflows, including hedge designations, documentation, and journal entries, ensuring that everything is aligned with regulatory standards. The platform’s system of controls, combined with transparent reporting and easy access to historical data, gives auditors confidence in the accuracy and completeness of financial reporting. This integration of audit functionality helps clients reduce the burden of audits while improving compliance and enhancing financial oversight.