Financial Institutions

Why choose Shannon & Associates?

Our Emphasis is on You
Because our financial institution niche is still growing, you will be our most important client – not “just another one of many.” Like you, we focus on serving one client at a time and we make all of our decisions locally. We are at our best in a one-to-one business setting, and we like to consider our customers as friends. We are not seeking to serve hundreds of clients all at once and we aren’t seeking a long pedigree of publicly traded clients.

You will benefit from our focused attention on you and serving your needs. Our partner and senior manager time commitments will total approximately 40% of total staff time on-site during the audit. Compare this to the 5% to 10% time commitment you get from partners of the larger firms and zero to 5% for out-of-state audit firms.

We are a Local Business, Too
Just like you, we are a local business stacking up against much larger, well-funded national competitors. Like you, we believe that our size and personal touch provide a key competitive advantage that allows us to react quickly, respond honestly, and communicate clearly with our clients. Our experience in working with local and international companies while competing against national firms with much greater resources, has taught us a lot about the importance of service, price and value.

We bring this local business expertise into our relationship knowing you will value our common sense approach towards the business of auditing and accounting. We live by the following small business creed: “No Red Tape.”

Knowledge Sharing Network through Nexia International
Our membership in Nexia International provides us access to a worldwide network of independent auditors, business advisors and consultants with a global knowledge sharing network. The key to Nexia’s success is simple: Global representation with member firms ranking in the top ten in the world’s major financial and economic centers. This positioning means that Shannon & Associates is able to provide a top quality service to its clients with complex financial reporting needs. All of our auditors have access to the best thinking and practices of the top partners and minds in our network. This assures that your bank’s audit is conducted effectively, efficiently and also provides you with the most current value-added guidance and recommendations possible.

Consultations throughout the Year
Telephone calls, fax requests or questions throughout the year are considered a part of our client service commitment and will not be billed to you. In fact, you may find that we frequently initiate calls to you in order to help keep you up-to-date on emerging issues and to ensure our relationship remains a priority.

The choice is Shannon
Whether you are a bank, credit union, or mortgage company, Financial Institutions expect the services rendered by their professional accounting firm to go beyond the financial statements. We understand the needs and expectations of our clients and welcome the opportunity to serve not only as auditors but also as business advisors. As part of our commitment to client service, we have developed a business advisory approach to audit services that emphasizes looking beyond the accounting entries to the underlying transactions and business systems.

Especially in these complex times, Shannon & Associates will provide a full range of audit, tax and consulting services that give you a calm sense of assurance that some things don’t have to be complicated.

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