Banking & Financial Services

We recognize that the banking and financial services industry often demands more than traditional accounting services. Our professionals have significant experience working with clients, helping to find needs-based solutions to the unique challenges they face including regulatory and tax complications, especially in difficult economic times. VPW understands the changing needs of the banking and financial services industry. We have worked with a wide range of clients, including commercial and savings banks, credit unions, trust companies, non-depository trust companies, broker-dealers and registered investment advisors.

We have recently helped our financial industry clients with the following:

  • Implementing new accounting standards
  • Assisting with other accounting issues, such as investment impairment
  • Dealing with issues raised in regulatory examinations
  • Working with clients to investigate embezzlements
  • Helping with acquisition of branches, entire financial institutions or other acquisitions such as insurance agencies ranging from informal engagements with respect to specific accounting, tax or operational matters to full-scale due diligence engagements with formal reporting
  • Analysis of capital loss and charitable contribution carry-forwards
  • Establishing private foundations
  • Technology related assistance, such as general controls reviews