Banking
Our senior staff has represented financial services companies for more than thirty years. We understand the challenges that banks face in complying with regulatory requirements and managing their risks, while maintaining their customer base and profit margins. We stay abreast of changes in the banking industry through representation on the LCPA Financial Institutions Committee, attendance at the LCPA annual Financial Institutions Conference and constant monitoring of Federal Reserve Bank and Federal Deposit Insurance Corporation bulletins and other industry publications.
- Financial statement audits
- Attestation engagements for lenders with student loans
- Internal audit design and review
- Assistance in preparation of call reports and Federal Reserve reports
- Quarterly tax estimates
- Consultation of benefits of Subchapter S conversions
- Cost segregation studies
- Bank Secrecy Act compliance audits
- Information technology system analysis and recommendations
How Business Owners Can Fight Rising Fraud
“Back office” and other types of financial fraud are rising at U.S. companies, and are hitting small businesses especially hard. Fraud experts point to the lingering effects of recession, cutbacks that have eliminated financial checks and balances at many businesses, and simple complacency as key reasons.