Financial Services
Invested in Your Institution's Success
You are facing increasing challenges in today's competitive landscape.
Financial Institutions need to be able to provide customers with the latest and most innovative products and services, while also complying with a growing number of regulations. That's where we come in. Clark Schaefer Hackett offers a wide range of services to help financial institutions meet these challenges.
We have extensive experience partnering with and supporting a variety of businesses across the financial industry including:
Banks and Credit Unions
Registered Investment Advisors and Investment Companies
Private Equity Groups
Family Offices
Charting a Path to Success: Your Trusted Partner for Today and Beyond
CSH has one of the region's most robust financial services industry teams, with more than 30 years of experience serving the financial sector, including audit, tax, and regulatory compliance to over 50 community-based financial institutions.
We are committed to providing insightful and customized service, no matter your situation. From compliance consulting to technology solutions, we can help you improve your operations, reduce costs, and grow your business. We understand the unique needs of financial institutions and have the experience and expertise to help you succeed.
We Are Committed to Your Industry
We show our commitment to the banking industry through involvement in numerous industry trade associations. CSH is an active member and sponsor of the following trade groups:
Association of Certified Fraud Examiners (ACFE)
Banking CPAs (Learn More)
Bluegrass Community Bankers Association (BCBA)
Community Bankers Association of Ohio (CBAO)
Community Bankers of Michigan (CBM)
Financial Institution Leaders of Cincinnati (FEI)
Illinois Bankers Association (IBA)
Indiana Bankers Association (IBA)
Information Systems and Controls Association (ISACA)
Institute of Internal Auditors (IIA)
Kentucky Bankers Association (KBA)
Michigan Bankers Association (MBA)
Ohio Bankers League (OBL)
Tri-state League of Financial Institutions (Learn More)
We don’t just audit your institution, we strengthen it. As we examine your financials, practices, and policies, we keep operational improvements top of mind and share best practices to make you better.
Our Assurance Services Include:
Financial Statement Audits & Reviews
Trust Audit
Agreed Upon Procedures (AUP)
SEC Reporting
FDICIA Reporting
Custody Exams
You know how fast the regulatory environment changes and how challenging it is to keep pace. With our deep knowledge of tax law and the financial services sector, we help you stay compliant and grow.
Our Tax Services Include:
Federal Tax Compliance
Tax Consulting
Trust Tax Preparation
Leverage the breadth and depth of our expertise as an extension of your own team. We have decades of experience supporting financial institutions of all types and sizes.
Our Advisory Services Include:
Internal Audit Outsourcing and Co-Sourcing
Risk Assessments
Internal Control Evaluations
SOX 404 Testing
FDICIA Readiness (Design, Implementation and Control Testing)
Regulatory Change Management Advisory
SOC 1, SOC 2 and SOC 3 Audits
Fraud Investigation
Accounting
Staff Augmentation
Policies and Procedures
New Standards
Mergers and Acquisitions Strategy
Business Valuation
Due Diligence
Purchase Price Accounting
Executive Search
Managed Services
Virtual CFO Services
Controllership Services
Transaction Services
Payroll Services
Outsourced HR Solutions
Outsourced Retirement
We help you mitigate risk and maintain compliance — so you can move forward with confidence.
Our Regulatory Compliance Services Include:
Commercial and Consumer Loan Reviews
BSA, OFAC, AML & US Patriot Act Compliance Audits
ACH (NACHA) Compliance and Self Assessments
Regulatory Compliance Examinations:
CFPB Compliance
FFIEC Compliance
OCC Compliance
FDIC Compliance
FRB Compliance
GDPR, CCPA Compliance
CMMC Compliance
PCI and PII Compliance
Conforming Quality Control Reviews (FNMA, FHA, FHLMC, FHLB)
Model Validations: Allowance for Credit Losses, Financial Management, Asset Liability Management (Interest Rate and Liquidity Risks), Current Expected Credit Loss
Fair Lending Compliance Reviews & Analysis
Fair Lending Internal Audit
Fair Lending Underwriting & Pricing Comparative Regression Analysis
CRA Compliance Audit
HMDA LAR Data Integrity & Model Validation
Internal Control Evaluations, Including SOX 404
If you have an M&A strategy or need to create one, we have the experience and connections to help you achieve your objectives.
Our M&A Services Include:
M&A Advisory
Business Valuation
Due Diligence
Purchase Price Accounting
Our IT and security teams stay abreast of the latest and greatest so we can keep you safe from security threats while maintaining data confidentiality, integrity, availability and regulatory compliance.
Our IT & Security Services Include:
IT Security and Control Audits
Disaster Recovery and Business Continuity Reviews
NIST Compliance Audits
NIST 800-53, NIST 800-171, NIST CSF
ISO Compliance Audit (ISO2700 ½ )
Penetration and Vulnerability Testing
Enterprise, IT and Fraud Risk Assessments
Cybersecurity, Social Engineering, Phishing
Third Party Vendor Management
