Regional and Community
Walter McNairy

Accounting Standards

Main Financial Services Header

A resourceful approach to serving our clients

Regional and community financial institutions are integral to the health and vitality of the local communities and businesses that they serve. Changing customer demographics and trickle-down regulatory pressures continue to challenge business objectives and profitability margins.

DHG Financial Services professionals deliver timely, relevant industry insight to your company. Our resourceful approach is your competitive advantage: 

  • Trustworthy advisors maintain close relationships with your team
  • Our proactive communication and responsiveness set us apart and
  • Our credentials are readily available to your team when you need them.


Business, Finance and Process Transformation
DHG provides services that help companies successfully create and drive change. Our comprehensive approach to project definition, resourcing, communication and support requires that we engage the right resources to accomplish strategic initiatives such as mergers and acquisitions. Our services include:

  • Strategic planning
  • CECL implementation
  • Credit risk management
  • Mergers and acquisitions, including valuation

Internal Audit and Compliance
DHG’s Internal Audit and Compliance teams, dedicated to assisting clients better manage their risks, are focused on assessing, designing, and developing risk management programs and evaluating internal control processes. Our team offers industry-based and risk-focused insight, facilitation of secure internal controls, assistance in regulatory compliance and increased internal performance and effectiveness. Our services include:

  • Internal audit outsourcing or co-sourcing
  • Compliance audits
  • Risk assessment and audit plan design
  • Internal controls documentation and testing
  • Sarbanes-Oxley/FDICIA assistance

Technology Services
DHG provides technology services designed to assist a company’s team in advancing strategic initiatives. We assist clients in assessing IT risks, systems and operations, and in addressing regulation and compliance requirements. Our services include:

  • Cybersecurity and Network Security Assessments
  • IT Operations
  • IT Compliance

Regulatory Services & Risk Management
DHG helps companies manage and implement change driven by new regulations and strategic risk management objectives. Our compliance services help support appropriate responses to matters of non-compliance and integration into existing risk management frameworks. DHG’s Credit Risk Management’s loan review and due diligence loan review services help management teams understand and manage credit risk in the loan portfolio. Our services include:

  • Model risk management and validation
  • Loan review
  • Credit mark due diligence
  • Fraud, forensic and litigation support


DHG Financial Services professionals serve regional and community financial institutions with tailored assurance, tax and advisory offerings and a commitment to personal service.

External Audit
Our assurance teams are dedicated to your industry and are adept at transitioning clients from other firms, then providing hands-on service from experienced team members.

Employee Benefit Plans
Our professionals who work with benefit plans are well-versed in both the compliance and financial reporting areas.

Services Organization Controls Reporting (SOC 1 and 2 Reports)
We provide Service Organization Control (SOC 1 and 2) reports for wealth management and trust divisions of banks as well as for standalone entities.


DHG has the experience you need to minimize tax exposure, avoid non-compliance penalties and outsource your tax function. We streamline tax compliance with the same cost-effective, resourceful mindset we bring to every service by integrating tax planning with your total financial plan.

Our tax services reflect a commitment to building a long-term relationship and providing strategic support for your company’s growth.

Publications Publications
CECL and Complying with the Regulatory Guidance on M...
While larger community and regional banks are well attuned to the regulatory guidance on model risk management and have established policies and procedures
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Asset Size Does Not Matter: Enterprise Risk Manageme...
The traditional school of thought in banking has been that asset size matters in terms of regulatory expectations around enterprise risk management (ERM).
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The Risk Management Flash - Vol 1 Issue 2
A summary of risk management developments for regional and community financial institutions
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News News
DHG Financial Services Welcomes Enterprise Risk Man...
Dixon Hughes Goodman, a U.S. top 20 public accounting and advisory firm, is pleased to announce Mike Dempsey, Senior Manager, joined the DHG Financial
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Dixon Hughes Goodman to Admit Ashley Ensley as Partner
Fort Worth, Texas, May 16, 2018 – Dixon Hughes Goodman, a U.S. top 20 public accounting and advisory firm, is pleased to announce Ashley Ensley, CPA, is
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DHG | Dixon Hughes Goodman
Heather Cozart Named NCACPA Diversity and Inclusion ...
Charlotte, N.C., November 30, 2017 – Dixon Hughes Goodman, a U.S. top 20 public accounting and advisory firm, is pleased to announce that Heather Cozart,
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Alerts Alerts
FASB Proposes Narrow Scope Changes to Credit Loss St...
On November 19, 2018, the Financial Accounting Standards Board (FASB) released an exposure draft that contained proposed changes to Accounting Standards
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Additional Tax Guidance Provided Related to Business...

Golf Tickets and Nachos: Only One Is 50 Percent Deductible Now

On Oct. 3, 2018, the IRS issued
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Has your company placed qualified property in servic...
On Aug. 3, 2018, the Internal Revenue Service (IRS) issued proposed regulations regarding the Tax Cuts and Jobs Act’s (P.L. 115-97, or the Act) changes to
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Events Events
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Blog Blog
Bank CEO’s Success Strategies; A Conversation with D...
On the latest episode of Bryan Cave's The Bank Account podcast, Rob Klingler had a conversation with Suzanne Donner and Bill Walton of DHG Financial
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Accounting Standards Updates
As accounting standards continue to be updated, there will be new opportunities for businesses to consider tax efficiencies while adopting CECL, leases and
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Top CEOs Share Their Success Strategies
DHG recently embarked on a research initiative to listen to the success stories of top-performing community bank CEOs. The past decade has resulted in
Play Video
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"We take great pride in treating our members like family, and our advisors at Dixon Hughes Goodman mirror this commitment. We trust their industry knowledge and accounting proficiency to navigate banking regulations, governance and reporting. Through it all, we receive outstanding client service as we continue to grow our hometown community bank.”

G. Robert Aston, Jr., Chairman and Chief Executive Officer, TowneBank
Case Studies Case Studies
End-to End Commercial Lending Process Performance

Planning continued market and business expansion, a regional bank wanted to ensure its commercial loan process was delivering the desired customer
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Assist Internal Audit Department with Model Risk Man...
A regional bank’s internal audit team wanted to assess the overall effectiveness of its model risk management framework. This included analyzing a sample
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Contemporary Approach to Strategy Development
Client sought a rigorous, fresh approach to strategic planning. Given the rapidly changing community banking landscape, the client wanted a process that
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Transition from in-house to outsourced internal audi...
Following decades of using an in-house internal audit model, a multi-billion dollar regional bank’s Director of Internal Audit retired. The client made the
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Industry Issues

Services In Focus
Alerts, News
& Publications

2018 Year End Tax Planning Letter
It is hard to believe that the year is almost over, and the holiday season is...
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Targeted Improvements to Related Party Guidance for ...

On October 31, 2018, the Financial Accounting Standards Board (“FASB”)...
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Revenue Recognition: A Private Company Disclosure Guide
The Financial Accounting Standards Board issued Accounting Standards...
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Have You Heard of...
WCSC-TV’s Live 5
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Warranty Woes in ...

Warranties seem
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Case Studies