Alison J. Herrick, CPA
Partner
Alison Herrick provides external and internal audit services to credit unions and banks, including evaluating lending programs, auditing compliance, conducting internal control studies, and consulting on generally accepted accounting principles. She leads the credit union internal audit practice and specializes in developing audit plans and providing credit unions with regulatory compliance audits and internal audit outsourcing and co-sourcing. Alison regularly speaks at seminars throughout the Northeast on topics including the Bank Secrecy Act, supervisory committee training, and internal controls.
Certifications
- Certified Public Accountant
Professional memberships and activities
- American Institute of Certified Public Accountants (AICPA) - Member
- Association of Credit Union Internal Auditors (ACUIA) - Member
Services
Audit and AccountingAreas of Focus
- Coordination of external audits
- Risk assessments
- Fraud detection
- Internal audit plan development
- Audit/supervisory committee training
- Loan reviews
- Compliance with federal and state regulations
Industries
Financial InstitutionsEducation
University of Southern Maine - Portland, Maine- Bachelor of science degree in business administration with a concentration in accounting
Recent Insights
Articles
NCUA exam priorities for 2022
Mar 01, 2022
Credit unions should expect more focus on fair lending in 2022
Jan 02, 2022
CCULR: NCUA’s proposed alternative to risk-based capital
Aug 22, 2021
NCUA’s 2021 exam priorities
Feb 26, 2021
Accounting for foreclosures in 2021
Feb 22, 2021
NCUA makes financial inclusion a focus in upcoming exams
Jan 06, 2021
NCUA updates supervisory priorities for COVID-19
Aug 11, 2020
Wipfli analysis of NCUA guidance for credit unions for COVID-19 fallout
Mar 26, 2020
Split-dollar agreement best practices
Feb 21, 2020
Getting Ready for Your 2020 NCUA Exam
Jan 28, 2020
Insight Into NCUA Regulation Part 715 — Specifically For Those Electing The Supervisory Committee Exam
Oct 28, 2019
Preparation for Your Next NCUA Exam
Jan 23, 2019
Blogs
How incorrect assumptions increase risk
Aug 18, 2022
