Financial Services

The Financial Services Industry Group at LaPorte, a Mauldin & Jenkins Company, comprises 14 multi-disciplinary professionals who meet regularly to cross-train, identify best practices, review industry trends, and work together to reach collective solutions for our clients.

Serving the financial services industry has long been a focus of our firm. This commitment has translated into a significant client base and recognition as a leader in serving community-based financial institutions, broker-dealers, investment companies, and insurance providers.

Commitment to the Financial Services Industry
Our commitment to your industry is clearly demonstrated through our professionals’ leadership roles and the firm’s active participation in trade organizations and associations.

• Affordable Housing Association of Certified Public Accountants, including participation in its annual FHA Lender Update
• Louisiana Bankers Association, including participation in its Annual Convention & Exposition
• Society of Louisiana of Certified Public Accountants, including its Financial Institutions Conference
• Texas Society of Certified Public Accountants

In addition to these organizations, we are registered with the Public Company Accounting Oversight Board, enabling us to serve publicly traded companies and broker-dealers that are regulated by the Securities and Exchange Commission.

Additionally, we provide our clients with useful accounting updates from the AICPA and Practitioner’s Publishing Company.

Financial Services Client Base
Our Financial Services Industry Group serves a variety of clients, including:

• Broker-dealers
• Community banks
• Finance companies
• Insurance companies
• Investment companies
• Mortgage companies
• Publicly traded financial institutions
• Savings and loan associations
• Venture capital companies

Services to the Financial Services Industry

• Assistance with IPO and mutual-to-stock conversions
• Audit committee and board education
• Bank Secrecy Act audits
• Benefit plan audits
• Compliance audits pertaining to audit requirements established by HUD
• Cost segregation studies
• Deferred compensation plans and executive compensations reviews
• FDICIA related services
• Financial statement audits
• Human resources assistance
• Information technology audits
• Information technology risk and controls assessments
• Internal audits
• Internal control evaluations and operations reviews
• Internal loan reviews
• Reviews of quarterly filings for public financial institutions
• Risk advisory services
• System and Organization Controls (SOC) 1, 2, and 3 reporting and readiness assessments
• Strategic planning
• Tax planning, including bad-debt deduction and multistate issues
• Tax return preparation
• Transaction advisory services

For more information about Mauldin & Jenkins Financial Institutions Industry Group, visit https://www.mjcpa.com/industries/financial-institutions.