Effective planning for FDICIA compliance helps institutions mitigate risks, ensure the accuracy and reliability of their financial reporting, and maintain investor and public confidence. By proactively addressing these requirements, organizations not only avoid costly penalties but also enhance their overall operational resilience and governance, ultimately contributing to a more stable and trustworthy financial system.
Our national financial institutions group services banks, credit unions, trust companies, and other diversified financial services companies. We have provided risk and advisory consulting services such as internal audit, IT audit, and FDICIA to financial institutions from just over $100 million in assets to $90 billion. Our risk and advisory professionals have dedicated their careers and continuing professional education to serving the financial institution industry.