Basic Learning Path: ACH Audit

The ACH Rules require every financial institution and third-party processor to perform an annual audit by December 31 of each year. You may have every intention of performing a thorough audit, but may not have the appropriate tools to get started. This certificate program will provide step by step instructions for both RDFIs and ODFIs by reviewing ACH Rules Appendix 8, which outlines audit requirements. In addition, it will help you to review your policies and procedures, plus provide recommendations that can help you improve operations and implement sound risk management controls.

John Curtis, AAP, NCP, APRP

SVP, Education & Training

John has over twenty years of experience in payments and has held positions in Treasury Management, Information Systems and Corporate Training and Development. John was Product Manager for Electronic Payments including ACH, EDI and Emerging Payment Technologies for fourteen years at Bank of the West. He has served as Chairman of WesPay’s Education Committee and as an Advisor to the WesPay Board of Directors. John served as the Chairman of the Board of Payments Resource One (PRO). He is a member of the American Bankers Association Task Force on Payments Law and has lectured on payments topics including legal issues, emerging technologies, compliance and risk management.

As Senior Vice President of Education and Training, John Curtis oversees the educational offerings for WesPay to ensure members have access to high quality, timely and relevant training that is critical for success in today’s ever changing payments landscape. Before coming to WesPay, John dedicated the previous fourteen years of his career to the payments arena as a Product Manager for Electronic Payments covering ACH, EDI and Emerging Payment Technologies. He holds the AAP, NCP and APRP accreditations.

Jim Petkovits, AAP, NCP, APRP

VP, Education & Training

Jim is Vice President of Education for WesPay and has over eighteen years of payments experience. Jim is responsible for developing and providing education and training to WesPay members through in-person workshops, webinars and in-house training. Prior to joining WesPay, Jim was the ACH Education and Training Manager for NWCHA since 2001, and a Customer Service Manager for Bank of America’s ACH Regional Processing Center in Seattle. Jim holds the Accredited ACH Professional (AAP), National Check Professional (NCP), and Accredited Payments Risk Professional (APRP) accreditations.

Key:

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ACH Audit (Part 1) (Webcast)
Recorded 09/25/2018
Recorded 09/25/2018
Quiz - ACH Audit for ODFIs
10 Questions  |  Unlimited attempts  |  10/10 points to pass
10 Questions  |  Unlimited attempts  |  10/10 points to pass
ACH Audit (Part 2) (Webcast)
Recorded 10/02/2018
Recorded 10/02/2018
Quiz - ACH Audit for RDFIs
10 Questions  |  Unlimited attempts  |  10/10 points to pass
10 Questions  |  Unlimited attempts  |  10/10 points to pass
ACH Policies & Procedures (Part 1) (Webcast)
Recorded 08/06/2019
Recorded 08/06/2019
Quiz - ACH Policies and Procedures (ODFI - Part 1)
10 Questions  |  Unlimited attempts  |  10/10 points to pass
10 Questions  |  Unlimited attempts  |  10/10 points to pass
ACH Policies & Procedures (Part 2) (Webcast)
Recorded 08/08/2019
Recorded 08/08/2019
Quiz - ACH Policies and Procedures (RDFI - Part 2)
10 Questions  |  Unlimited attempts  |  10/10 points to pass
10 Questions  |  Unlimited attempts  |  10/10 points to pass
Essentials of ACH (W)
Recorded 08/01/2018
Recorded 08/01/2018 This webinar focuses on the essentials of ACH, including a brief history of the Network and defining the parties of ACH transactions. We will also discuss the transaction flow and settlement process. In addition, we will cover many aspects of exception item processing, including stop payments vs. authorization revoked and unauthorized debits. This is a basic overview of ACH and is intended for individuals new to ACH operations, front line Staff and individuals wanting to learn more about ACH.
Quiz - Essentials of ACH
10 Questions  |  Unlimited attempts  |  10/10 points to pass
10 Questions  |  Unlimited attempts  |  10/10 points to pass
Certificate - ACH Audit
0.00 credits  |  Certificate available
0.00 credits  |  Certificate available
AAP CE Credits
6.00 AAP credits  |  No certificate available
6.00 AAP credits  |  No certificate available