Finosec has been selected to be a part of the ICBA ThinkTECH Accelerator! The Accelerator is a 12-week program that allows community banks to engage with startup financial technology companies. This enables participants to engage with and learn more about innovative solutions. Meetings are facilitated by the Venture Center and participating community banks. To learn more about the program and sign up to take part in this first-of-its-kind opportunity click here.
Why Management’s FDICIA Attestation Must Include an Understanding of Access Reviews
For financial institutions subject to FDICIA, the Federal Deposit Insurance Corporation Improvement Act, the annual management attestation is a critical declaration of compliance. It signifies that the institution’s internal controls over financial reporting (ICFR) are effective. One key control to validate is how user access reviews are performed.
