Description
This essential session is designed for financial institutions, third-party service providers, and payment processors to navigate the complexities of the annual ACH audit process as mandated by the Nacha Operating Rules and Guidelines.
Each year, changes in Nacha Operating Rules impact your annual ACH Rules Compliance Audit. This 90-minute on-demand session will guide you through the updated requirements for 2024, providing a step-by-step approach to ensure thorough and accurate audits. You’ll learn how to effectively assess ACH processes, identify compliance gaps, and apply the latest rules to your audit practices.
Why?
An effective ACH Rules Compliance Audit is crucial for maintaining regulatory compliance and operational efficiency. This webinar recording will equip you with the knowledge to:
- Accurately conduct your annual ACH audit.
- Identify key compliance checks and report assessments.
- Utilize tools and guidelines from the Nacha Operating Rules to enhance your audit process.
Our expert trainer will offer practical tips and detailed instructions, ensuring you understand what to test and how to interpret the results for a successful audit.
Areas Covered:
- Identification of required participants for the annual ACH Rules Compliance Audit.
- Definition and understanding of general audit requirements.
- Utilization of Nacha Operating Guidelines tools, including those for Third-Party Senders (TPS) and Third-Party Service Providers (TPSP).
- Flexible audit processes for various participants, including ODFI, RDFI, TPSP, and TPS.
- Effective strategies for ensuring compliance with ACH activities.
- Recommended audit areas for a comprehensive review.
Who:
This session is ideal for financial institution professionals, banking operations managers, compliance and risk professionals, treasury management experts, and anyone involved in ACH processing or auditing.
- ACH Operations Staff
- Compliance Officers
- Treasury Professionals
- Third-Party Payment Processors
- Third-Party Senders
- ACH Managers
- Electronic Payments Professionals
- ACH Auditors (Internal and External)
