HOW TO: Auditing Bank-Controlled DDAs

Presented by: Patricia Cashman
                     

Major risks lurk in areas that have not yet been identified. Seemingly harmless procedures can pose significant threats. For example, can you definitively answer the following questions?

• Just how many bank controlled demand deposit accounts (DDA) are on your books?
• How would you begin to identify these?
• Who is responsible for the controls and reconciliation of these accounts?

Failure to identify and adequately apply controls can leave a opening large enough for even the most inexperienced employee to drive a dump truck through.

This session will assist you in:

• Identifying covered accounts
• Evaluating the reliability, adequacy, and effectiveness of accounting, operating, and
administrative controls
• Detecting potential fraud
• Developing workpapers

WHO SHOULD ATTEND:

• Internal Auditors
• Audit Committee Members
• Operations Officers
• Compliance Officer
• Internal Control Personnel

About the Speaker: Patricia is a partner in Cashman Compliance Solutions, LLC. She is responsible for consumer compliance reviews, Bank Secrecy Act (BSA) and Anti-Money Laundering reviews, and compliance and BSA training.

Patricia began her banking career in 1969. She has been the senior operations officer for three Dallas-Ft. Worth area community banks, an assistant examiner for the Texas Department of Banking and managed the compliance/internal audit division of TIB - The Independent BankersBank, one of the largest bankers' banks in the country.

Additionally, Patricia has spoken as a webcast/teleconference presenter for the American Bankers Association (ABA), BankersOnline (BOL) and the Center for Financial Training (CFT), taught a variety of compliance subjects for the Texas Bankers Association (TBA) and ABA at their respective Compliance Schools. She also serves as a BOL GURU and been a speaker/trainer for numerous banks and compliance organizations.

This program was recorded in its entirety in November 2015. The CD-ROM includes program slides, materials (if available) and follow-up Q & A document.