Financial Institutions

Internal Audit

Flexible, customized internal audit solutions.

Financial Institutions must comply with the FFIEC internal audit policy to ensure a strong, independent internal audit function exists commensurate with the complexity of each organization. To assist your institution in managing its resources, we provide outsourced, co-sourced, and as-needed internal audit services.

Clients can ensure independence and objectivity, take advantage of flexible delivery options, and demonstrate expertise in their internal audit function.

Our internal audit services include:

  • Internal control risk assessments
  • Risk-based audit planning
  • Operational audits
  • Automated Clearing House risk assessments and audits
  • Special project needs
  • Internal auditor training
  • Internal auditor work paper review and mentoring
  • Advice and consultation on internal control issues, control design, and risk-reduction strategies

With thorough testing and detailed process evaluation provided by certified internal auditors and experienced financial institution professionals, clients can have confidence in the quality of their internal audit function.

Featured Expertise

Teresa Francis, CIA, AAP

Teresa Francis leads the financial institutions internal audit services team. With a 100 percent focus in the industry, she has more than 20 years of experience in leading risk-based internal audits and serves as a consultant to banking clients on internal, operational, and financial reviews of activities to determine the reliability of information and evaluate compliance with regulations, policies, and procedures. 

ACH Risk Assessment

ACH Policies and Procedures