Audits of Operational Controls

Our operational reviews focus on strengthening controls and improving the efficiency and effectiveness of operations. The following is a representative sample of the areas that can be audited:

  • Commercial and Residential Loan Originations/Administration
  • Wire Transfers
  • Asset/Liability Management/Treasury
  • Investment Securities
  • Branch/Retail Banking Operations
  • ID Theft/Red-Flag Programs
  • Cash and Due from Banks
  • ATM/Debit Card Administration
  • Accounts Payable/Purchasing
  • Federal Funds and Automated Clearing House (ACH)
  • Payroll/Human Resources

case studies

 
Ransomware attack halted a global manufacturer's operations.
big problem:
Ransomware attack halted a global manufacturer's operations.
big thinking:
Recover and secure the system – fast – save $1 million in ransom.
 
High tax burden for family-owned franchisor.
big problem:
High tax burden for family-owned franchisor.
big thinking:
Comprehensive planning for a 15% tax reduction.

our thoughts on

The Coronavirus Pandemic and the Potential Effect on CECL
Coronavirus Small Business Financial Relief Options - Ohio
Continuous Monitoring and Auditing – A Growing Automation Trend in Internal Audit
FinTech and the Risk of Convenience

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contact us

Map of Pittsburgh Office
Pittsburgh

One PPG Place, Suite 1700
Pittsburgh, PA 15222

contactsd@schneiderdowns.com
p:412.261.3644     f:412.261.4876

Map of Columbus Office
Columbus

65 East State Street, Suite 2000
Columbus, OH 43215

contactsd@schneiderdowns.com
p:614.621.4060     f:614.621.4062

Map of Washington Office
Washington, D.C.

1660 International Drive, Suite 600
McLean, VA 22102