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Ach Audits


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CREDIT UNION NAME: ______________________________________________

CREDIT UNION CONTACT(S): ________________________________________

AUDITOR'S NAME: _________________________________________________

DATE(S) AUDIT WORK CONDUCTED: _________________________________

General Audit Requirements

Each Participating DFI, and any third-party service provider that provides ACH services to the DFI, shall, in accordance with standard auditing procedures, conduct an internal or external audit of compliance with provisions of the ACH rules in accordance with the requirements of Appendix Eight. These audit provisions do not prescribe a specific methodology to be used for the completion of an audit but identify key rule provisions that should be examined during the audit process. Such annual audit shall be conducted under these Rule Compliance Audit Requirements no later than December 1 of each year. The Participating DFI must retain proof that they have completed an audit of......

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Approximate Word Count: 5817
Approximate Pages: 23 (260 words per double-spaced page)

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