Many institutions maintain internal audit or compliance audit functions but require additional subject matter expertise or bandwidth to meet regulatory expectations. TCA provides co-source audit support that integrates with existing structures and maintains independence.
We partner with your team to supplement internal audit capabilities, bringing compliance expertise and efficiency to co-source audit activities that strengthen program controls and reduce risk.
Flexible Audit Support
Co-sourcing may include:
- Annual compliance audit planning
- Topic-specific regulatory audits
- Policy and procedure alignment
- Testing and documentation support
- Exception validation and remediation follow-up
- Reporting for management and the board
Why Institutions Utilize Co-Source
Common drivers include:
- Limited internal staffing capacity
- Independence requirements
- Exam-driven remediation
- New product or system rollouts
- Increasing regulatory scrutiny
Reporting & Communication
TCA provides clear reporting designed for:
- Management teams
- Audit committees
- Boards of directors
- Examiners
- External audit partners
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