Business Details
We have been serving credit unions since 1993, building deep industry expertise. Our team devotes 100% of their education and training to creditunion accounting and auditing. Auditors on our staff average more than ten years of specialized audit experience. Michael J. Schmidt, CPA and Certified Fraud Examiner, brings over three decades of professional credentials. Melissa L. Schmidt, CPA, has maintained her certification since 1993, reinforcing our leadership. We design each audit and review to minimize intrusion into daily operations while maintaining rigor.
Our opinion audits provide independent assurance that financial statements are accurate and reliable. We perform internal audit functions, ensuring controls operate as intended and risks are mitigated. Compliance reviews for BSA, ACH, and the SAFE Act protect members and regulators from violations. Our fraud investigation service leverages a CFEs 25year experience to uncover and resolve misconduct. We are committed to delivering precise, transparent results that uphold the financial integrity of every credit union we serve.
Our opinion audits provide independent assurance that financial statements are accurate and reliable. We perform internal audit functions, ensuring controls operate as intended and risks are mitigated. Compliance reviews for BSA, ACH, and the SAFE Act protect members and regulators from violations. Our fraud investigation service leverages a CFEs 25year experience to uncover and resolve misconduct. We are committed to delivering precise, transparent results that uphold the financial integrity of every credit union we serve.
Highlights and features
- We have operated since 1993 serving credit unions.
- Our auditors average more than ten years creditunion audit experience.
- We provide fraud investigations by a CFE 25 years experienced.
- Our leadership includes CPAs certified since 1988 and 1993.
- We conduct Bank Secrecy Act compliance reviews with full documentation.
Services
Opinion Audits
Our opinion audits are customized for each credit unions unique financial environment. We evaluate financial statements, internal controls, and regulatory compliance to issue an independent audit opinion. The result provides members and regulators confidence that the institutions books are accurate and reliable.
Agreed Upon Procedures
We perform agreed upon procedures engagements tailored to supervisory committee requirements. Specific audit tasks are defined jointly, allowing focused testing of areas the committee deems critical. Deliverables include detailed, actionable reports that support informed decisionmaking without disrupting the companys daily operations.
Internal Audit Functions
We act as the internal auditor to verify that your credit unions controls function effectively. Our team reviews policies, procedures, and transaction testing to identify gaps and recommend improvements. This service enhances risk management, safeguards assets, and promotes regulatory compliance.
Bank Secrecy Act Reviews
We conduct comprehensive Bank Secrecy Act compliance reviews covering policies, training, and filing procedures. Our analysis includes Currency Transaction Reports, Suspicious Activity Reports, and member identification protocols. Findings are thoroughly documented with actionable recommendations to ensure ongoing full regulatory adherence.
Fraud Investigations
Our fraud investigations are led by Michael J. Schmidt, a Certified Fraud Examiner with over 25 years experience. We interview involved parties, conduct deep research, and compile comprehensive reports for authorities. The service assists credit unions in recovering losses and strengthening controls to prevent future fraud.
