Financial Institutions Accounting Services

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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

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

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

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

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

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.

❝Brown Edwards brings a very knowledgeable perspective to our program. By providing assistance in the accounting review function, Brown Edwards has proven to be a valuable partner in the growth of our community bank.❞

H. Watts Stegar, III

Chairman of the Board, Bank of Botetourt

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Financial Institutions Accounting Services

Financial Institutions Accounting Services

Improve Procedure, Reduce Risk and Improve Earnings

Internal Audits & Information Technology Audits