Completing The ACH Audit

Recorded: August 29, 2024
Presented by: Mark Dever, Director, Forvis Mazars, LLP.

A two-hour webinar to update members of the operations and audit communities on the proper completion of the required 2024 ACH Audit.

The NACHA Rules require all participating depository financial institutions (as well as any Third-Party Service Provider which provides ACH services to financial institutions, and any Third-Party sender (including Nested Third-Party Senders) for whom origination is provided) to complete an audit of their compliance with the NACHA Rules on an annual basis. This webinar will review the 2024 focal points of the ACH Audit, as well as review the impacts coming from both the federal ACH Exam, and the federal BSA exam.

Here’s What You’ll Learn:

• General ACH Audit Requirements;
• RDFI Audit Focus Points;
• ODFI Audit Focus Points;
• Upcoming Audit requirements found in the 2026 Rules changes;
• Highlights from the federal ACH Audit;
• ACH impacts from the federal BSA Audit;
• Feedback from auditors and seminar attendees on audit “findings”; and
• Allow questions from participants.

With 31 + billion ACH Entries, and $80 + trillion in value being processed every year through the ACH Network, compliance with the NACHA Rules is critically important to ensure the uninterrupted flow of these Entries, and the self-audit requirements help to ensure such flow. This two-hour webinar from ProBank Education Services will provide the operations and audit staffs with a “snapshot” of the 2024 ACH audit requirements.