Credit Union Accounting

Bailey Scarano has unique training and experience in credit union accounting practices. Our skillfully trained staff can provide the following accounting and consulting services:

  • Agreed-upon procedures in accordance with NCUA requirements (Supervisory Committee Audits)
  • Financial Statement Opinion Audits
  • Quarterly supervisory committee assistance
  • Internal accounting and reconciliation services
  • Board of Directors and Supervisory Committee training
  • Verification of Accounts
  • Consulting services
  • Fraud reviews

We obtain industry specific continuing professional education. Please contact Steve Moalli, CPA or Dominic Scarano, Jr., CPA for more information regarding our credit union services.

We provide the assistance needed based on the credit union’s size and the complexity involved with meeting ever-changing NCUA and GAAP requirements. We recommend improvements to internal control areas and other accounting functions as we see fit, while minding the cost-benefit relationship, so the credit union has sound accounting records while retaining higher earnings to return back to members.