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#550254 - 05/18/06 02:02 PM BSA Audit
Whodunnit? Offline
Member
Joined: Apr 2005
Posts: 75
Does anyone have an audit for BSA that they are willing to share?

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Audit
#550255 - 05/18/06 02:13 PM Re: BSA Audit
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 79,293
Galveston, TX
Use the procedures from the new BSA/AML examination manual. To do anything else would get the audit criticized for not meeting the annual independent audit standards.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#550256 - 05/18/06 02:17 PM Re: BSA Audit
blue Offline
Platinum Poster
Joined: Jul 2005
Posts: 793
I am so glad to hear ricarey say that. We are approaching an FDIC audit date and I used that manual for the testing. I am glad to know it's the standard against which the audit will be measured.
BTW, AuditCrazy, I used the manual and found it very easy to follow as an audit program. Good Luck.

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#550257 - 05/18/06 02:25 PM Re: BSA Audit
Whodunnit? Offline
Member
Joined: Apr 2005
Posts: 75
Is this manual available on-line? or where do I get it?
Thanks sooo much for the help!

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#550258 - 05/18/06 02:56 PM Re: BSA Audit
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 79,293
Galveston, TX
http://www.ffiec.gov/bsa_aml_infobase/pages_manual/manual_print.htm

No offense intended, but since this has been in the forefront of BSA compliance for a year now and the independant audit is such a key component of receiving a good BSA examination, if you were not previously aware of the new examination requirements, you have to ask yourself, am I the right person to be performing this audit for the bank.
Last edited by rlcarey; 05/18/06 02:58 PM.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#550259 - 05/19/06 02:40 PM Re: BSA Audit
buckwheat Offline
New Poster
Joined: Jan 2005
Posts: 15
The wild west
Follow the examination manual published by the FFIEC and your ensure complete coverage on issues. The one I use is
the FFIEC Bank Secrecy Act/Anti-Money Laundering Examination Manual. Good luck.

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