FDICIA Compliance

Our FDICIA Compliance Services help financial institutions meet FDICIA requirements — and improve their internal financial reporting controls and processes.

The FDIC Improvement Act of 1991 requires every FDIC-insured financial institution with assets of $1 billion or greater to issue a statement of management’s responsibilities in preparing their annual financial report, maintaining adequate financial reporting controls, and complying with federal banking laws and regulations.

Fortunately, our FDICIA compliance process will evaluate your current controls, identify process gaps, and identify and mitigate current risks — to ensure that effective financial reporting procedures are in place … in time.