Internal Audit Services

TCC Consulting Services’ internal audit services will strengthen your bank's ability to identify, assess, and manage business risks within a challenging and ever-changing industry and regulatory environment. Our internal audit services have been designed to align with regulatory guidelines and industry standards and are structured to assure risks are appropriately identified and assessed. Our services can be customized to meet the specific needs of the community bank clients, and are independent, risk-based, and cost-effective.

Internal Audit reviews

TCC Consulting Services’ internal audit services will strengthen your bank's ability to identify, assess, and manage business risks within a challenging and ever-changing industry and regulatory environment. Our internal audit services have been designed to align with industry standards and are structured to assure risks are appropriately identified and assessed. Our services can be customized to meet the specific needs of the community bank clients and are independent, risk-based, and cost-effective. We perform the following internal Audits:

Allowance for Credit Losses
Bank Insurance
Cash and Cash Items
Demand Deposits, Savings and Certificates of Deposit
Due From Bank Accounts
Federal Funds/Other Borrowed Funds
Fixed Assets
Human Resources/Payroll
Income and Expense
Investment Securities
Loans Admininistration
Official Checks
Other Real Estate Owned
Prepaids and Accruals
Public Funds
Regulatory Reporting
Remote Deposit Capture
Safe Deposit Boxes
Shareholders Equity- Capital Accounts
Wire Transfers

We can also customize internal audits to suit the Financial Institution needs.

Automated Clearing House

The growing use of the ACH network for payment processing makes it essential for financial institutions to ensure proper processing and risk management tools are in place when receiving or originating ACH transactions. Our ACH review will focus on a review of related documents, policies and procedures which aim to provide reasonable assurance of compliance with NACHA requirements.

Branch Audits

A branch audit focuses on the financial records and operations of a specific branch of an organization. It involves a systematic examination of the branch's financial operations, compliance with regulations, internal controls, and risk management practices. Our branch audits helps ensure the accuracy of financial data, adherence to legal requirements, and the effectiveness of internal controls in preventing fraud and errors.