Financial Institutions Accounting Services

Improve Procedure, Reduce Risk and Improve Earnings

Brown Edwards’ financial institution accounting services help management improve procedures, reduce risk exposure, and improve earnings.

Work with our experts to design a program for your organization’s needs. Our team offers experience and best practices for financial institutions, and we provide cost-effective outsourced services to banks

Internal Audits & Information Technology Audits

Internal Audits & Information Technology Audits

Brown Edwards tests the effectiveness of internal controls for financial reporting, operations, and compliance. The aim is to reduce costs by integrating an audit plan and procedures into the bank’s existing monitoring program.

Information Technology Risk Assessment

Information Technology Risk Assessment

Our team provides risk assessment for IT operations and information security. Organizations can use this assessment as the basis for designing security procedures, operating controls, and IT audits.

Loan Reviews

Loan Reviews

Brown Edwards’ loan review program allows management to assess the quality of the loan portfolio and compliance with underwriting standards. We independently evaluate selected loans as to risk, collectability, and regulation.

Internal Control Risk Assessment

Internal Control Risk Assessment

As part of our financial institutions accounting services, we conduct risk assessments of bank processes relating to financial reporting (SOX), operations, and compliance. Brown Edwards helps banks leverage this assessment to design operating procedures and internal audits.

ACH and BSA Compliance

ACH and BSA Compliance

Brown Edwards’ financial institutions accounting team helps organizations meet the annual independent testing requirement in accordance with NACHA regulations. We also assist organizations fulfill independent testing required by the Bank Secrecy Act program.
  • Banks have 36 Hours to Report Major Cybersecurity Issues

    On November 23, 2021, the Office of the Comptroller of the Currency (OCC), the Federal Reserve System (Board); and the Federal Deposit Insurance Corporation (FDIC) jointly announced a new bank rule, which directs banks to report a significant computer-security incident

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  • Federal Reserve Announces Implementation of SCALE - a New CECL Tool

    The Federal Reserve announced a new tool to help community banks implement Current Expected Credit Losses (CECL) accounting standard. Earlier this morning, the Federal Reserve announced plans to release a new tool to help smaller community banks implement the Current

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  • Early Priorities for The Biden Administration

    Early Priorities for The Biden Administration The Biden administration’s first 100 days are officially over. In what is typically a period characterized by a flurry of executive orders that establish early policy priorities, President Joe Biden has understandably focused much

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Contact Our Financial Institutions Team

Alan Landes, CPA, CBA

Partner, Practice Leader

Alan Landes, CPA, CBA

Partner, Practice Leader

Jason Ross, CPA

Partner

Jason Ross, CPA

Partner

Norman D. Yoder, CPA

Partner, Practice Leader

Norman D. Yoder, CPA

Partner, Practice Leader

Thomas A. Puryear, Jr., CPA, CGMA

Partner

Thomas A. Puryear, Jr., CPA, CGMA

Partner

Ready to Discuss Your Business Needs?

Contact us to learn more about our services.