Certificate Course in Financial Reporting and Treasury Risk Management

Duration 10 days 18 modules · 65 contact hours
Level Intermediate Certificate on completion
Who attends Treasury Managers, Financial Controllers and others
Fee from USD 2,200 KSh 190,000 for Kenyan organisations
Where 52 cities + online See dates by city
Next start 9 Nov 2026 Course code SD-RM-054

Before you join: Participants should understand double-entry accounting, core financial statements and basic business finance.

Dates & prices

Two start dates a month in every city, and live online on weekdays or weekends. Fees are per participant; classroom fees include tuition, materials, lunch and refreshments, and the certificate.

Suggest a date or city

Showing the next six months. Later dates, other cities and private deliveries for your team are available on request.

Course overview

Financial reporting and treasury decisions meet at cash, debt, financial instruments and risk disclosures. Finance teams must produce IFRS-compliant statements while maintaining liquidity, controlling foreign exchange and interest-rate exposures, and giving management credible forecasts. Weak links between accounting, treasury and risk functions can result in misstated results, covenant pressure, avoidable hedge volatility and delayed funding decisions.

This certificate course develops the reporting, treasury and risk management capabilities needed to connect those functions. Participants work through the IFRS requirements affecting cash, debt, leases, revenue, provisions and financial instruments; construct cash flow forecasts; assess liquidity, market, credit and counterparty risks; and select practical controls, limits and reporting measures. The programme covers IFRS 9 classification, impairment and hedge accounting, IAS 7 cash flow reporting, treasury policy design, derivatives, stress testing and board-level risk reporting.

Teaching combines focused instructor briefings with financial statement analysis, treasury cases, group calculations, risk simulations and structured application planning. Participants progressively build components of a reporting and treasury risk pack, using realistic cases such as a multinational importer facing currency exposure, a bank-funded infrastructure programme and a charity managing restricted cash. They leave with a completed treasury risk management and financial reporting pack that can be adapted for their own organisation.

The course suits finance, accounting, treasury, risk and internal control professionals who already work with financial information and need stronger cross-functional judgement. It is relevant to corporates, banks, public bodies, NGOs and project-based organisations managing material cash balances, funding arrangements or foreign-currency commitments.

What you will be able to do

  • Prepare IFRS-based financial statement adjustments and supporting disclosure schedules
  • Construct a 13-week rolling cash forecast from operational cash-flow drivers
  • Assess foreign exchange, interest-rate, liquidity and counterparty risk exposures
  • Apply IFRS 9 classification, expected credit loss and hedge accounting requirements
  • Design treasury policies, delegated authorities, dealing limits and control procedures
  • Calculate and interpret liquidity ratios, duration measures, sensitivity analysis and value at risk
  • Develop stress-test scenarios and funding contingency actions for treasury exposures
  • Present an integrated financial reporting and treasury risk pack to senior management

Benefits of attending

For you

  • Produce more credible cash forecasts and liquidity reports
  • Recognise IFRS 9 issues before transactions reach period-end reporting
  • Discuss funding, hedging and covenant risks confidently with senior stakeholders
  • Build a practical treasury risk pack for current responsibilities
  • Strengthen readiness for treasury, controller and finance risk roles

For your organisation

  • Earlier identification of cash shortfalls, funding needs and covenant pressure
  • Better quality IFRS disclosures for financial instruments and cash flows
  • Clearer treasury controls over bank accounts, payments and dealer authorities
  • More disciplined responses to currency, rate and counterparty exposures
  • Management reporting that links financial results, liquidity and risk actions

Course modules

18 modules over 10 days

Participants can define how financial reporting, treasury and risk management responsibilities connect.

  • Finance function mandate across controllership, treasury, risk and internal audit
  • Treasury operating model: front office, middle office and back office
  • Financial reporting cycle from source transactions through published statements
  • Risk appetite statements translated into measurable treasury limits and triggers
  • Three lines model for ownership, oversight and independent assurance
  • Materiality assessments linking financial statement errors to decision usefulness

Participants can apply the IFRS conceptual framework and document accounting policy judgements.

  • IFRS conceptual framework: recognition, measurement, presentation and disclosure principles
  • Accounting policy selection under IAS 8 hierarchy and judgement requirements
  • Materiality judgements documented for statements, notes and management reporting
  • Estimates, assumptions and uncertainty disclosures under IAS 1 requirements
  • Subsequent events assessed under IAS 10 adjusting-event criteria
  • Related-party transactions identified and disclosed under IAS 24

Participants can analyse the structure, linkages and decision-usefulness of primary financial statements.

  • Statement of financial position classifications under IAS 1 requirements
  • Profit or loss presentation and other comprehensive income distinctions
  • Equity movements reconciled through statement of changes in equity
  • Notes structure supporting accounting policies, estimates and risk disclosures
  • Ratio analysis connecting profitability, working capital, leverage and liquidity
  • Analytical review procedures identifying unusual trends and reporting anomalies

Participants can assess significant reporting judgements affecting revenue, assets, leases and provisions.

  • IFRS 15 five-step model for revenue recognition decisions
  • Performance obligations separated using distinct goods and services criteria
  • IAS 16 component accounting, depreciation and impairment indicators
  • IFRS 16 lease liability measurement and right-of-use asset accounting
  • IAS 36 cash-generating units, recoverable amount and impairment testing
  • IAS 37 provisions, contingent liabilities and onerous contract assessments

Participants can classify financial instruments and assess their measurement and impairment implications.

  • Business model and SPPI tests for asset classification
  • Amortised cost, FVOCI and FVTPL measurement categories compared
  • Effective interest method applied to loans, fees and transaction costs
  • Expected credit loss staging using credit risk deterioration indicators
  • Trade receivable impairment using simplified approach loss-rate matrices
  • Financial liability classification, modification and derecognition assessment steps

Participants can prepare IAS 7 cash flow classifications and build a driver-based rolling forecast.

  • IAS 7 operating, investing and financing cash flow classifications
  • Direct and indirect operating cash flow methods reconciled
  • 13-week rolling cash forecast built from receipts, payroll and supplier data
  • Forecast assumptions tied to sales, procurement and payment terms
  • Cash conversion cycle measured through receivable, inventory and payable days
  • Forecast versus actual variance analysis identifying timing and structural causes

Participants can diagnose working-capital drivers and plan actions to protect near-term liquidity.

  • Working capital drivers mapped from order intake through collection
  • Receivables ageing analysis identifying concentration, disputes and collection priorities
  • Inventory policy effects on service levels, cash and obsolescence
  • Payables terms assessed against supplier continuity and early-payment discounts
  • Minimum cash buffers determined using volatility and payment-cycle evidence
  • Liquidity dashboards combining forecast balances, headroom and covenant capacity

Participants can design controlled treasury processes for bank accounts, payments and confirmations.

  • Bank account rationalisation using purpose, activity and signatory analysis
  • Payment controls separating initiation, approval, release and reconciliation duties
  • Treasury management system interfaces reconciled to banks and general ledger
  • Daily cash positioning combining bank statements, payments and collections
  • Dealing authorities defined by instrument, tenor, counterparty and limit
  • Confirmation matching and exception escalation preventing unauthorised transactions

Participants can measure foreign exchange exposures and select appropriate risk responses.

  • Transaction, translation and economic foreign exchange exposures distinguished
  • Currency exposure register built from contracts, forecasts and intercompany balances
  • Natural hedging assessed through currency matching and netting arrangements
  • Forward contracts priced using spot rates, points and settlement dates
  • Foreign exchange options compared with forwards for asymmetric protection
  • Hedge ratios and rolling programmes aligned with forecast certainty

Participants can analyse debt portfolios and manage interest-rate risk within funding constraints.

  • Debt profile mapped by maturity, currency, rate type and lender
  • Fixed versus floating rate exposure assessed using repricing schedules
  • Duration and modified duration used to estimate price sensitivity
  • Interest rate swaps analysed for pay-fixed and receive-fixed positions
  • Loan covenants monitored through ratios, headroom and cure provisions
  • Refinancing calendars identify maturity concentrations and execution deadlines

Participants can document hedge relationships and evaluate their accounting and economic effects.

  • Derivative instruments: forwards, swaps, options and cross-currency swaps
  • Hedge accounting eligibility under IFRS 9 designation requirements
  • Hedged items, hedging instruments and risk components specified
  • Cash flow hedge reserve movements tracked through other comprehensive income
  • Fair value hedges adjust carrying amounts and profit or loss
  • Hedge effectiveness assessed using economic relationship and credit risk

Participants can quantify market risk exposures and report them against approved limits.

  • Sensitivity analysis quantifies effects of rate and currency movements
  • Value at risk concepts, assumptions and limitations examined
  • Stress testing applies severe but plausible market movement scenarios
  • Limit structures define nominal, tenor, stop-loss and value at risk thresholds
  • Back-testing compares model estimates with actual portfolio outcomes
  • Market risk reports distinguish exposure, hedging, limit usage and exceptions

Participants can assess liquidity resilience and prepare funding contingency actions.

  • Liquidity risk sources identified across operations, funding and contingent obligations
  • Maturity ladder aligns contractual cash flows with available funding
  • Funding sources compared by cost, tenor, security and operational conditions
  • Committed facilities assessed for covenants, drawdown mechanics and availability
  • Liquidity stress scenarios model delayed collections, margin calls and funding withdrawals
  • Contingency funding plan defines triggers, actions, owners and communications

Participants can assess credit and counterparty risks and establish proportionate exposure controls.

  • Counterparty credit assessments use financial ratios, ratings and qualitative evidence
  • Credit limits allocated by counterparty, product, tenor and collateral
  • Potential future exposure estimated for derivative counterparty positions
  • Collateral agreements reviewed for thresholds, haircuts and margin timing
  • Wrong-way risk identified where exposure rises with counterparty distress
  • Concentration analysis reveals dependency on banks, customers and suppliers

Participants can integrate treasury risks into enterprise risk governance and assurance processes.

  • ISO 31000 risk process applied to treasury risk identification
  • Risk registers document causes, events, impacts, controls and owners
  • COSO ERM principles connect strategy, performance and risk information
  • Key risk indicators set thresholds, frequency and escalation actions
  • Control self-assessments test design effectiveness and operating evidence
  • Internal audit scopes treasury controls using risk-based planning

Participants can coordinate period-end treasury accounting, reconciliations and financial risk disclosures.

  • Period-end close timetable coordinates treasury, accounting and valuation inputs
  • Bank reconciliations investigate timing differences, errors and unreconciled items
  • Accrued interest, fees and fair values supported by evidence
  • IFRS 7 disclosures explain credit, liquidity and market risk
  • Maturity analysis reconciles contractual undiscounted flows to reported liabilities
  • Going concern assessments incorporate liquidity forecasts and funding assumptions

Participants can convert stress-test results into management actions and concise risk reporting.

  • Scenario design combines macroeconomic shocks with organisation-specific vulnerabilities
  • Reverse stress testing identifies conditions that breach liquidity tolerances
  • Sensitivity tables translate assumptions into cash, profit and covenant impacts
  • Management actions prioritised by timing, feasibility, cost and governance
  • Board reports present exposures, limit breaches, forecasts and decisions
  • Risk narratives distinguish facts, assumptions, uncertainties and recommended actions

Participants can build, review and present a complete financial reporting and treasury risk pack.

  • Reporting pack integrates financial statements, cash forecast and risk register
  • IFRS adjustments documented with evidence, judgements and disclosure references
  • Treasury dashboard presents liquidity, debt, hedge and counterparty positions
  • Stress results linked to contingency funding and management actions
  • Peer review tests consistency, completeness, control evidence and decision usefulness
  • Management presentation recommends decisions using concise financial risk analysis

Exercises and examples are adapted to each cohort's sectors and roles.

What you take back to work

  1. 13-week rolling cash forecast template
  2. IFRS financial instruments assessment checklist
  3. Treasury policy and dealing limits template
  4. Foreign exchange exposure register
  5. Liquidity contingency funding plan
  6. Integrated financial reporting and treasury risk pack

Who should attend

  • Treasury Managers — strengthen funding, liquidity, market-risk and control decisions
  • Financial Controllers — connect IFRS reporting judgements with treasury transactions
  • Finance Managers — improve cash forecasting, financial analysis and management reporting
  • Risk Managers — assess financial risks and define effective monitoring arrangements
  • Accountants and Auditors — evaluate financial instruments, cash flows and related disclosures
  • Internal Control Professionals — test treasury authorities, segregation and reconciliation controls

Skills and tools covered

IFRS financial reportingCash flow forecastingTreasury risk analysisHedge accountingLiquidity risk managementRisk reporting

Tools and standards

IFRS 9, IAS 7, IFRS 7, ISO 31000

How the course runs

Training methodology

The programme uses short technical briefings followed by guided financial analysis, case work, group exercises and treasury risk simulations. Participants interpret IFRS extracts, build forecast schedules, assess derivatives and compare funding responses under stressed conditions. Cases reflect common issues in multinational trading, infrastructure finance, banking relationships and donor-funded operations. Instructor feedback is applied throughout as participants assemble a reporting and treasury risk pack. Individual application planning links course methods to live reporting cycles, cash positions and risk governance responsibilities.

Requirements and prerequisites

Participants should understand double-entry accounting, core financial statements and basic business finance. Experience preparing management accounts, supporting audit work, managing cash, processing treasury transactions or analysing financial data is helpful. Participants should be comfortable using spreadsheets for calculations and interpreting balance sheets, income statements and cash flow statements. Prior knowledge of IFRS 9, derivatives, hedge accounting, value at risk or formal treasury management is not required. The course explains these areas from first principles before moving to applied analysis and reporting decisions.

A typical training day

08:30 – 10:30First session
10:30 – 10:45Refreshment break
10:45 – 12:30Second session
12:30 – 13:30Lunch and networking
13:30 – 15:00Third session
15:00 – 15:15Refreshment break
15:15 – 16:30Workshop and daily review

Live online deliveries follow the same structure in East Africa Time, with shorter screen blocks and longer breaks.

What the fee includes

  • Instruction by a practitioner facilitator
  • Full course workbook and materials
  • Exercise files, templates and case studies
  • Refreshments and lunch on classroom deliveries
  • Certificate of completion
  • Post-course application plan

Frequently asked questions

You should understand basic accounting, financial statements and spreadsheet calculations. You do not need prior experience with IFRS 9, derivatives, hedge accounting or treasury systems.

Bring a laptop with spreadsheet software and, where permitted, examples of your cash forecast, treasury policy or reporting templates. Do not bring confidential customer, pricing, bank-account or transaction data.

It is designed for treasury managers, controllers, finance managers, accountants, risk professionals and internal control staff. It is particularly useful where reporting teams and treasury teams need to work more closely.

An IFRS-only course concentrates on accounting requirements, while a treasury-only course may focus on cash, funding and dealing operations. This programme connects reporting decisions with cash management, financial instruments, risk measurement, controls and management reporting.

Participants create adaptable working documents including a rolling cash forecast, exposure register, treasury control structure and liquidity contingency plan. These can support reporting cycles, treasury reviews and discussions with management after the course.

Training runs from 08:30 to 16:30 each day, with about 6.5 contact hours daily. The first part builds reporting, forecasting and treasury foundations; the later part addresses risk measurement, governance, disclosures, stress testing and the final capstone.

Questions about this course?

Ask about dates, fees, group bookings or running it for your team. Our training team replies by email.

Ask on WhatsApp info@skillsetdevelopment.com

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