The primary mission of The Schinlever Group is to provide the Board of Director’s, the Audit Committee and Management with an internal auditing function that independently evaluates the adequacy and efficiency of the system of control within the bank. Our secondary mission is to advise and assist Management in the development of a cost-effective control system that will sustain and improve the overall quality of the bank’s business functions. Our final mission is to interact appropriately and effectively with the bank’s Board of Directors, Audit Committee, external accountants, Examiners, Regulatory and other governmental and law enforcement agencies.

The Schinlever Group under the leadership of Darlene T. Schinlever applies the following methodologies to achieve the stated mission:

1. Formal Audit Methodology – Darlene Schinlever has created and uses a formal audit methodology that includes and provides clear guidance, expectation of performance, consistent documentation, reporting and communication. The methodology was developed using the framework of The International Standards for the Practice of Internal Auditing as required and defined by The Institute of Internal Auditors.


2. Adequate Information and Audit Planning – Darlene Schinlever understands and will demonstrate that she knows how to plan an audit from start to finish. Darlene believes that the more time spent gathering a clear understanding of the banks objectives and compliance with those objectives the less time is necessary to be spent on testing. Her understanding will be documented in the working papers and communicated to bank management and the audit committee.


3. Report Issuance – The Schinlever Group delivers effective reporting in a standard report format that includes the consistent application of a rating system and timely issuance of key audit findings. Darlene believes that it is necessary to issue an opinion on the bank’s control system and employee compliance with that system. The Schinlever Group report opinion is consistent with the Foreign Corrupt Practices Act (FCPA), the Federal Deposit Insurance Corporation Improvement Act (FDICIA) and the Sarbanes-Oxley Act of 2002, which require management appropriately document and assess the adequacy of internal accounting controls.


4. Action Plans – For issues reported, Darlene Schinlever requires bank management and the audit committee to commit to an action plan that addresses the root cause of the issue reported. She will then circle back around after the promised completion date to ensure action has been taken.


5. Effective Communications – Darlene Schinlever effective communication skills will be evident in the annual audit plan and periodic reports provided to the audit committee throughout the engagement. Darlene will also demonstrate her effective communication skills in the field by building an effective working relationship with each auditee.