FMF&E has one of the largest and diverse financial institution practices of any regional firm located in New York State. Our practice includes financial institutions ranging in size from $15 million to over $4 billion, plus individual financial statement audits of industry service organizations.
What Can FMF&E Do For You?
FMF&E traditionally provides financial statement and supervisory committee audits to our financial institution clients. As a result of the in-depth work performed by our accounting and auditing professionals, our clients typically walk away with a product that includes comments, advice and suggestions for improvement regarding the following areas:
- Loan and investment portfolio
- Loan documentation
- Operational policies and procedures
- EDP system controls and procedures
- Asset/liability management
- Long-range planning
Additionally, due to our industry experience and strategic alliances, we are able to provide, and have provided, the following services to our financial institution clients:
- Design and implementation of internal audit functions
- Internal audit co-sourcing
- Enhancing accounting and internal control systems
- Loan reviews
- Advice on mergers and acquisitions
- ACH audits
- Fraud audits
- Human resources matters, including interviewing for accounting positions
- Review of tax consequences of certain fringe benefits
- Credit union service organizations formation and consulting
- Tax consulting and tax return preparation
- Accounting assistance
- Deferred compensation arrangements
Industry Involvement
Our firm is actively involved in the Independent Bankers Association of New York State, the New York State Credit Union Association and the Association of Credit Union Audit and Risk Professionals through participation on panels and as instructors for ongoing education.
Top Professionals Ready To Serve You
The FMF&E team prides itself on ensuring that you have quick and easy access to top professionals for any challenge. Our unique model gives our clients confidence that our experienced team can be trusted with your most complex challenges.