Outsourcing

Internal Audit, Regulatory Compliance, and Trust Services

Outsourcing offers a business strategy that frees your organization to focus on its unique strengths, increase productivity and profitability, and better manage risks. Snodgrass can provide outsourcing and support for a variety of internal audit functions. We become an integral yet independent part of your organization.

Internal Audit and Regulatory Compliance

Our team of dedicated internal audit specialists develops and implements a comprehensive internal audit and/or regulatory compliance plan. Our approach begins with identifying your institution’s key functions and determining your unique risk rating. This drives the frequency of functional audits, with emphasis on areas of highest risk.

Our audit reports cover not only our findings on your policies, procedures, and internal controls but also how to apply best industry practices. We will meet with your Audit Committee regularly to discuss internal audit activities and help them better understand the internal audit function and their oversight role.

We are also available for your internal audit training needs.

Co-Sourcing

If your institution has an internal audit function in place, Snodgrass can provide a co-sourcing relationship tailored specifically to meet your needs. Whether you need help completing your internal audit plan, have a special project that needs completed, or would like to outsource only certain audit functions, we are able to assist. We have worked with many multibillion dollar financial institutions in the past and are confident we can deliver exceptional service to you as well.

Additional expert outsourcing services include: 

• Compliance Training
• Trust Company Audit
• Trust Department Audit
• SOX Section 404 Assistance
• Fiduciary Activities

For additional information on Snodgrass outsourcing services, contact Barbara Kelly at (800) 580-7738 or info@srsnodgrass.com.