Our community bank <200 Million, has a safety and soundness audit next week. Does anyone have a link for an examiners guideline or regulations on this type of audit? I'm new to banking and this is for my own use/education. Thank you.
Also, never forget that this is an examination not an audit. I always clarify with my peers that there is a BIG difference between an examiner and auditor!
If it's an option, I'd strongly suggest reading the report from the previous examination. Examiners will be sure to follow up on any corrective action suggested.
We just found out our's is scheduled for January 23rd. I would look hard at their request letter as well as prior exam reports. Our appears to be heavy on BSA and IT, and business continuity.