Regulatory Compliance Services
Audit, examination and advisory services from Regulation A to ZZ and beyond:
- Compliance examinations.
- CFT/AML (BSA) examinations.
- Automated CFT/AML (BSA) monitoring validations.
- ACH audits.
- Specialty reviews (e.g. Fair Lending, HMDA, CRA, cannabis activities).
- Risk assessments.
- Training, consulting and advisory services.
Why Fortner Bayens?
Our experience is unmatched.
- We have been serving financial institutions since 1977, focusing almost exclusively on this niche.
- Our shareholders average more than 20 years' experience in public accounting for financial institutions, banking, or a combination of both.
- Our experience covers audit, accounting, taxation, credit, regulatory compliance, operations and information technology - enabling us to apply a broad and experienced viewpoint to each situation.
We differentiate ourselves through the expertise and accountability of the engagement team.
- Our shareholders and financial institution specialists are actively involved in each phase of engagements from start to finish, and you will have direct and ongoing contact with the engagement partner.
- We do not charge for reasonable phone calls and consultations.
We promote a free flow of communication between the Board, Audit Committee, management and ourselves.
- Planning with management, the Audit Committee and the Board of Directors prior to on-site work.
- Meeting with you at the conclusion of each phase of the engagement to discuss engagement status, present our findings and present practical recommendations and ideas for improvements.
- Preparing written reports at the engagement's conclusion to summarize our procedures, findings and recommendations.
- Meeting with the Audit Committee or Board of Directors in the both the planning and completion phases of the engagement, as well as other times as requested.
Our fees are reasonable, and we leverage the results of other services provided to you to reduce cost and create efficiency.
Extend Beyond Compliance
- Internal audit - comprehensive review and testing of internal controls and operating procedures.
- Loan review - in depth review of loan files, underwriting and administration practices. Allowance for credit loss model validations.
- IT security and information risk management - thoroughly assess and test your information risk policies and procedures: general IT, GLBA, external & internal penetration, cybersecurity and more.
"We truly do appreciate our partnership with your firm and are glad we made the change."
Community Bank, Washington
Explore other services we offer
Financial Audit and Directors Examinations
Financial statement audits, integrated financial statement and internal control over financial reporting audits, directors examinations.
Income Tax Services
Tax preparation and advisory services covering C and S corporations, partnerships and LLCs, trusts and individuals, non-profits.
Employee Benefit Plan Audits
Financial audits for your 401(k), ESOP and retirement plans.
Trust and Fiduciary Services
Directors examinations and fiduciary attestations. Tax return preparation.