Banks

Industries > Financial Services > Banks

Driving Opportunity

Possibilities are endless when banks can maintain profitability, but chances to seize opportunity can so often be hindered by the many obstacles organizations encounter in today’s banking landscape.

Banks implementing the Current Expected Credit Losses (CECL) standard face some of the most significant accounting industry changes in decades, but you don’t have to confront them alone. We want to help you focus on what matters most: satisfying your customer base.

COVID-19 Implications

During this unparalleled time, we’re closely monitoring circumstances so we can provide up-to-date guidance and support to help you combat uncertainty. You can also visit our dedicated web page detailing additional COVID-19 implications for you and your business.

Please reach out to your Moss Adams professional with any questions you might have, or you can also ask questions here.

Alert
Temporary Audit and Reporting Relief for Banks
Learn how your bank can receive temporary relief from FDIC Part 363 audit and reporting requirements.
Article
SBA Guidance for $50,000 or Less PPP Loans
Learn how the new, simplified forgiveness application process will impact lenders.
Webcast
AEOI and 1042-S Reporting in 2020
Navigate the unique filing obligations for partnerships making payments to non-US partners or formed outside the country.
Article
Regulation Changes and Relief for Lenders
Learn how financial institutions can receive CRA consideration and other benefits for providing COVID-19 relief to borrowers.
Article
COVID-19 Lessons to Improve Your Business Plan
Bank Director’s 2020 Risk Survey provides clarity for strategic decision-making as banks emerge from the COVID-19 shutdown.
Webcast
Valuations in Uncertain Times
Gain insight into how private equity and capital investors can address risks arising from market uncertainty.
Alert
IRS Extends Filing Date for Form 5498
In light of COVID-19, the IRS issued a notice deferring the deadline for Form 5498 series returns. Learn more details.
Article
PPP Responsibilities for Lenders
New SBA guidance clarifies reviews of individual loans, the loan forgiveness process for lenders, and lender fees.
WebPage
Click for Additional Articles and Webcasts
Learn more about relief initiatives as well as lending programs and deferrals in the face of disruption.

Featured Resources

Stay informed on how the latest industry trends may impact your business.

Report
CECL Survey Report
Benchmark your organization’s transition to the standard with trends from financial institutions across the nation.
Guide
FDICIA Reporting Guide
New requirements under SAS 130 are causing larger financial institutions to reevaluate their internal control structure. Learn how it affects you.
Guide
CECL Accounting Guide
Benchmark your organization’s transition to the standard with trends from financial institutions across the nation.
Report
Bankers’ Index Report
The Bankers’ Index Report is a summary analysis of community banks by state.
Report
2019 Risk Survey
The 2019 Risk Survey includes insight from US banks with more than $250 million in assets.
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Webcast Series for Banks

Discover resources and timely topics to help banks cut costs and boost efficiencies during this uncertain time.

Learn More & Register
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Audit and Risk Committee Webcast Series

Explore insights from industry leaders to help you stay ahead of change during our five-part webcast series.

Learn More & Register
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CECL Implementation Consulting

Easily implement the CECL standard through a multistep process including credit risk modeling, financial instrument valuation, and more.

Learn More

Deep Industry Experience

From institutions-in-organizations to multibranch and multistate banks, plus start-ups and banks with billions of dollars in assets, our professionals serve clients across the spectrum of the banking industry.

Industry Challenges and Solutions

Maintain Compliance

Banking is among the most complex regulatory environments, and maintaining compliance can drain significant resources. Help your company feel secure that you’re adhering to operating requirements. Consulting solutions include regulatory compliance, internal audits, antimoney laundering program consulting, and FDICIA compliance, as well as trust and fiduciary services.

Combat Cyberattacks

Maintaining and improving your company’s cybersecurity and risk management can be a constant concern in today’s digital world. Protect your data and assets while keeping costs down by performing IT reviews, risk assessments, network vulnerability and penetration testing, and social engineering.

Reduce Risk

Emerging technologies such as blockchain, artificial intelligence, and fintech are upending long-held industry standards. Protect yourself with risk-management solutions that can help you quickly respond and adapt when navigating industry disruption and evolving regulatory challenges.

Implement CECL

CECL implementation is a complex process that requires extensive documentation and resources. Help relieve the burden with transition tips and insight.

Delivering a full spectrum of accounting, consulting, and wealth management services, Moss Adams dives deep into your industry to bring greater contextual understanding to every engagement. As a result, conversations are more illuminating and solutions more precise.

“The financial institutions expertise of Moss Adams is superior. Audit fees are competitive. They understand the importance of having a high number of the same team members return for the engagement year after year.”
— Financial institution client

National Practice Leader

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Partner
(503) 471-1277