V428 Understanding Audit Reports

Chad Stanislav

Chad Stanislav, Credit Union Resources
Amanda Dawson, Credit Union Resources

This course will help you understand the history of the NCUA, and outline the four NCUA mandates that the Supervisory Committee must enforce. You will get a list of the four types of audits that the NCUA permits, and who is eligible to perform. By the end of this course, you will be able to identify the reports necessary for each audit option, and understand the information contained within them.

About Chad Stanislav

Chad Stanislav graduated from Stephen F. Austin State University. Started with the Texas Credit Union Department, a regulatory agency for state-chartered credit unions and worked alongside NCUA examiners on joint exams.  Upon his departure as a principal examiner in September 1993, he joined the Texas Credit Union League/Credit Union Resources as an audit field supervisor for the Financial and Technology Resources Department.  Stanislav was promoted to vice president of the department in May 1996.  The Financial and Technology Resources Department services have evolved to meet credit union needs.   The department has grown to include supervisory committee annual reviews, internal audits, information system security reviews, vulnerability assessment testing, shared compliance assistance, risk assessments, ACH audits and BSA/CIP/OFAC compliance reviews.  He also served as a Supervisory Committee Chairman from 1996 - 2011 and the Chairman of the Board for a credit union from 2009 - 2011 while serving on the Board since 2000.

Amanda DawsonAbout Amanda Dawson
Amanda Dawson joined Credit Union Resources, Inc. as a Senior Analysis for the Oklahoma area in December 2014.  Amanda provides external audits in credit unions ranging in assets from $1 million to over $200 million.  Assist credit unions in meeting their annual Supervisory Committee/Board of Directors audits, ACH Audit requirements, and compliance, especially in Bank Secrecy Act (BSA), Office of Foreign Assets Control (OFAC) and Customer Identification Program (CIP).   Amanda’s professional background includes fifteen years of financial experience.   She was a Senior Financial Examiner for the Kansas Department of Credit Union’s from 2011 to 2014.  Prior to being a regulator she worked for Emprise Bank in Wichita Kansas for six years, the last four as an internal auditor.   Amanda has her Master’s degree in Business Administration from Southwestern College of Winfield Kansas and attended Banking Compliance School in 2009.

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