ACH Audits

Every financial institution that originates and/or receives ACH entries is required to complete an audit of compliance in accordance with the NACHA Operating Rules each year by December 31st. In addition, Third-Party Service Providers and Third-Party Senders are also required to complete an ACH Audit. UMACHA offers a number of services to help you complete these audits. A UMACHA compliance staff member can come to your location complete your ACH Audit for you, providing a comprehensive report of findings and recommendations afterwards for you and your management team. If you prefer to conduct your audit internally, our ACH Audit Guide is available for purchase to assist with this process. Otherwise, another outside party may also complete your audit each year.

As UMACHA has developed our services and guides over the years, we have worked with a number of the federal regulators to ensure our audit materials are complete. Call us for more information about the specifics of the audit services we offer.

View Frequently Asked Questions About ACH Audits

 

UMACHA's Audit Services for Financial Institutions 

Let the professionals at UMACHA assist with your organization's audit function. We will come to your organization’s designated location and review your policies, procedures and a sampling of transactions and exception entries to ensure compliance with the Rules. A primary focus of this service revolves around helping you understand what needs to be done based on the ACH Rules and why. We have the tools, expertise, and knowledge to help you improve all aspects of your ACH program. 

Below is a brief overview of some of the highlights of our on-site audit service:

  • Audits will identify a test window of daily transactions and exceptions
  • A comprehensive request list of documents is sent to your organization in advance to give your staff adequate time to prepare for the audit
  • UMACHA’s pre-audit questionnaire is also delivered ahead of time to help our staff better understand your processing environment before our arrival
  • Our interview and risk-based approach allows you the opportunity to learn directly from our knowledgeable and courteous staff as we complete our work
  • Upon completion of our on-site work, we will review our preliminary findings with you in-person, giving you additional time to ask any questions you might have
  • Our final written report identifying areas of non-compliance, risk and related recommendations for corrective action acts as a tool to help you keep your ACH program performing in a safe and sound manner

Interested in a remote audit? For more information and qualifications, please contact one of our Associate Directors of Compliance Services today.

For more questions about the audit process, to request a quote for an on-site ACH Audit, or to schedule a UMACHA on-site compliance service, complete the UMACHA Compliance Services Request Form below.

UMACHA Compliance Services Request Form

 

Audits Performed by Internal Auditor or Outside Audit Firm

Whether your ACH Audit is completed by your internal auditor or an outside audit firm other than UMACHA, acknowledge the completion of your annual ACH Audit at any time during the year by completing the Audit Completion form below. 

Online ACH Audit Completion Form

Please note: The downloadable form is no longer available. We apologize for any inconvenience this may cause.

To assist your internal auditor with completing a thorough examination or to help your staff prepare for a successful audit, UMACHA provides several webinars and in-person workshops throughout the year. UMACHA has also published resources to help your organization prepare for and/or complete your next ACH Audit. 

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