Financial Institutions – Audit and Tax
Summary of Services
We are a leading provider of audit and tax services to the financial institutions industry. Our approach to staffing an engagement is unique. We approach audit and tax with one team focused on the financial institutions industry. The team in the field with hands-on knowledge of the bank will be the ones doing the work.
Audit
Compliance in the heavily regulated banking industry is as much about understanding the latest legislation as it is about effectively running your bank. Clark Schaefer Hackett associates bring their familiarity with capital markets and those who regulate them to your table. The 2010 Dodd-Frank Act and the Volker Rule will impact your bank, and your CSH team will guide you through its implications to your hedge fund and private equity fund involvement.
But Clark Schaefer Hackett knows you need more from your audit than just compliance with requirements and standards. Our highly experienced shareholders and staff will be in the field, at your institution. We will ensure that your audit is based on open communication with your board, audit committee, and management.
Audit Services
• External Audit
• AUP
• SEC Reporting
• FDICIA Reporting
Tax
Our Financial Institution Tax Team brings the banking industry a proactive approach to minimizing your tax burden whenever possible. Our advisors work with you to identify your institution goals, and then define the right overall tax position for you to meet your compliance needs as well as your larger business objectives.
The regulatory landscape of federal, state and local tax is ever-changing. Your Clark Schaefer Hackett tax team has deep knowledge of both tax law and the financial institutions sector. That combined expertise will result in an impressive, targeted action plan for your organization – one that will help you prosper today and plan for future success.
Tax Services
• Federal Tax Compliance
• SALT
• Tax Consulting
If you’d like to explore partnering with Clark Schaefer Hackett to achieve your bank’s goals, please contact us.
Scott Deters
Shareholder
Chair, Financial Institutions Industry Group
sdeters@cshco.com
513.241.3111
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