Services

Types of Risks Covered:

• Credit risk
• Compliance risk
• Liquidity risk
• Market risk
• Operational risk

Past Project Scopes Include:

• Policy and procedure design (both end-to-end and incremental)
• Compliance reviews
• Control design and testing
• Gap analysis
• Projection models
• Test script development
• Analytical procedures
• Internal audit (end-to-end)

Policies and Procedures

Development of new internal processes, and/or documentation of existing processes. Experienced in documentation related to policies, procedures, process flows and control matrices.

Compliance Reviews

Comprehensive identification of relevant external and internal requirements, and testing to existing processes and systems. Experienced in subject-matter related to:

• Regulatory filing requirements
• Capital reporting processes
• Accounting compliance (GAAP)
• Operational requirements (as set forth by regulatory bodies (Federal Reserve, FDIC, OCC, etc.), or as outlined by internal processes)

Internal Controls

Analysis of the existing control environment (to identify areas of highest risk), identification of control weaknesses (as related to effectiveness of controls to mitigate identified risks), and design of supplemental controls (where insufficient control coverage exists). Services include:

• Control design and implementation
• Gap analysis (including weakness remediation proposals)
• Control test design and execution

Projection Models

Comprehensive review of projection methodology, including: attribute completeness, reasonableness of estimated variable impacts, accuracy of projection model calculations, and back-testing (to identify potential points of projection methodology improvement.)

Financial Analysis/ Analytical Procedures

Analysis completed at different data views, including: Financial statements, financial projections, market data and micro-level (internal) financial data. Analysis results utilized for the following:

• Improvements to employed projection processes
• Strategic decision making
• Determination of an entity’s financial standing and creditworthiness
• Analysis of investment opportunities

Internal Audit

Experienced CPAs for end-to-end internal audit processes, including:

• Test planning (including scope definitions, population identification and sampling methodologies to be employed), test script design (based on related audit assertions) and execution of test procedures
• Findings reporting and presentation
• Findings remediation planning