A Fresh Look at Implementing FDICIA
Crossing $1 billion in assets? It’s time for a BKD Trusted Advisor™. New doesn’t have to be overwhelming. We have the expertise to help you implement and meet the requirements of the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA) Part 363.
Our four-step approach to FDICIA implementation is tailor-made to help your institution tackle everyday challenges. We can assist with documenting your control environment, selecting key controls over financial reporting, and testing to assess whether controls work properly. We also can help test whether internal control over financial reporting (ICFR) is being followed consistently. You can rely on our advisors to recommend solutions to help improve efficiency in certain areas of operation. Whether you are just getting started or are having to quickly adjust due to rapidly evolving regulations, BKD can help shoulder the load.