Banking

The banking sector is one of the most scrutinized in the world. Stakeholders such as federal regulators, ratings agencies, investors, and analysts create multiple pressures for boards and management.

EisnerAmper helps banking clients respond to immediate concerns and position themselves for strategic growth and profitability. We’ve worked with financial institutions for more than 40 years – from community banks to SEC registrants – and we understand what’s at stake.

We serve banks, bank trust departments, and independent trust companies with tax, audit, and advisory services. We also work directly with investment advisory businesses. From developing policies and procedures that help growing concerns build foundational capabilities to refining ERM, governance, operational risk frameworks, and process redesign and enhancement for industry leaders; we assist a wide variety of client types.

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Our Team

Our banking professionals average 20-plus years of experience and have relationships with more than 45 global, national, and community banking entities. EisnerAmper is a member of the AICPA Center for Public Company Audit Firms and is PCOAB-registered. We are ranked as one of the nation’s 10 largest auditors of SEC registrants and serve more than 90 public companies.

Our integrated team combines the talents of multiple professionals across various fields of auditing and consulting to provide services in the following areas:

Banking Regulatory Compliance

EisnerAmper professionals provide a full range of regulatory compliance assistance and implementation, including Sarbanes-Oxley Section 404 compliance; PATRIOT Act compliance; FDICIA regulatory and compliance assistance and litigation support; assessments and ongoing monitoring of internal controls over financial reporting; remediation services including memorandums of understanding and consent orders; bank secrecy and anti-money laundering design, assessment and testing; compliance department design, testing and implementation; and compliance risk management program guidance.

Audit

Audit services include SSAE 16 reporting for investment advisory businesses and retirement and institutional charitable trusts; SOC services (SOC 1 and SOC 2); collective investment fund annual audits; financial statement audits; and 408g audits for ERISA compliance.

Internal Audit Support

We provide internal control audits; internal audits co-sourcing or outsourcing, including those for fiduciary businesses; and risk assessments.

Information Technology (IT)

Our team provides scalable, leading-edge solutions for technology risk management, IT auditing, disaster recovery planning, vendor analysis and software deployment. We perform data privacy risk assessments, information governance and data risk management framework assessments, and penetration testing.

Further services include:

Outsourced Finance and Accounting Operations
Tax Compliance and Planning
Forensics and Litigation Support
- Valuation Services
- Forensic Investigations
- Litigation Services
Human Resources and Employee Benefits