Financial Institutions
Since our founding in 1976, Parent McLaughlin & Nangle has focused on providing services to the financial services industry. Our clients include financial service organizations throughout New England.
Our Financial Services Group constantly brings fresh ideas to our clients. By maintaining a solid relationship with our clients, we are able to provide and assist them with the new opportunities and challenges provided by the constantly changing finance world.
PMN is PCAOB registered and inspected which allows us to serve the needs of public companies, broker-dealers, and registered investment advisors.
PMN is also a founding member of the Community Bank Advisory Network (CBAN). CBAN is an organization of CPA firms selected for their expertise and commitment to serving community banks and consists of members throughout the United States. The goal of CBAN is to provide member firms with educational, technical and marketing support to meet the increasing regulatory and accounting requirements at the national level while providing member firms a forum to explore new ideas to service the needs of community banks.
The following is a partial list of services we offer to these clients.
Auditing, Accounting, and Assurance:
- Audit of financial statements
- SOX 404 and FDICIA internal control testing
- SSAE 16 attestation (formerly SAS 70)
- Independent compliance reviews
- Accounting system design
- Implementation of financial accounting standards
- Financial reporting systems
- Budget reporting systems
- Special analyses
Taxation:
- Preparation of federal and state tax returns
- Tax implications of mergers and acquisitions
- Employee benefits plans
- Executive compensation
- Structuring transactions for favorable tax benefits
- Estate/retirement planning
- Tax projections for special transactions
- Quarterly tax planning reviews
- Tax benefits planning for wholly-owned investment subsidiaries
Business Consulting:
- Audit Committee and corporate governance training
- Mergers and acquisitions
- Formation of mutual and stock holding company structures
- Disaster recovery and business continuity planning
- Information technology audits and analysis
- Financial modeling
- Recruiting CEOs and CFOs
- Policies development
- Computer systems for in-house processing and mortgage tracking
- Capital improvements feasibility studies
- Interest rate risk analysis and reporting
- Compliance with regulatory orders
- Bank performance benchmarking
- Activity based analysis
- Growth strategies and capital adequacy
- Branch expansion feasibility studies
- Facilitating Director/Officer planning retreats
For further inquiries contact:
David St. Yves, CPA
dstyves@pmn.com
617.426.9440
John Ciampa, CPA
jciampa@pmn.com
617.426.9440
Judy Javidpour, CPA
jjavidpour@pmn.com
617.426.9440
Brenda DeCosta, CPA
bdecosta@pmn.com
617.426.9440
