Auditing and Assurance Services

The Snodgrass Financial Group provides audit and accounting services for banks and other financial institutions with full-time, financial industry professionals at every level of the engagement. The audit process not only validates key financial information and helps your institution identify issues but also provides advice on regulatory compliance and trust operations. And since the Snodgrass Financial Group audits financial institutions almost exclusively, we have the expertise and experience to deliver effective, economical audits.

The Financial Group’s collaborative, multi-disciplinary culture extends beyond the fundamental audit process and reports. We also form long-term relationships by identifying the opportunities that improve your organization and processes, and deliver additional value. Our auditors regularly offer timely, creative solutions to your business challenges, helping to reduce performance gaps and eliminate redundant efforts. Services include:

• Risk Management Reviews. At Snodgrass, we help you identify and manage the full spectrum of risks–from financial, technological and operational, to systems, reputation and strategic risks. This holistic approach helps improve both your financial and business performance.These services include evaluating:
  • Audit committees and advising on development
  • Existing audit relationships
  • Internal audit functions
  • Technology and information systems
  • Internal controls
• Banking and Trust Compliance Advisory Services. As financial institutions shift toward a more risk-based regulatory focus, they require a specialized approach to manage compliance and trust solutions. The Snodgrass audit team understands these challenges and regularly works with management to tailor policies and procedures for all activities in order to meet compliance and fiduciary requirements.
• Review Services. Bank and trust departments sometimes require a thorough and comprehensive review of specific operations — which can be cost-prohibitive when a client’s experience with regulatory audits is limited. Business-based risk assessment processes are a standard part of our protocol. Combining experienced industry specialists with appropriate procedures and technology generates greater value and leads to better results.