Senior Manager, Financial Services Audit Practice, Grant Thornton
Prashant Nisar is an experienced senior manager in the New York Financial Services Audit Practice. Prashant started his career with Grant Thornton and he has more than thirteen years of public accounting experience. He has worked for the National Professionals Standards Group for four years where he advised on complex accounting, auditing quality, internal control over financial reporting and risk management matters within the NPSG. He has both private and public company experience, focusing on audits of community banks, clearing and settlement, broker-dealer regulatory reporting, internal control over financial reporting, banking industry regulation and compliance and public reporting. He currently services clients in the banking and securities industries and advices clients on accounting and strategic issues.
Prashant’s banking industry expertise includes audits of community and foreign banks, advising clients on enterprise risk assessment, management studies for banks under MOU, loan reviews, helped banks implement controls for Sarbanes Oxley compliance and FDICIA reporting. Prashant has advised several clients on failed bank acquisition matters. Prashant has worked on consent order compliance consulting projects for large financial institutions. Prashant leads the FinTech practice for the firm and serves clients in the crypto-currency and digital payment processing space. Prashant is a technical expert on complex accounting matters related to Banks and has reviewed and contributed to development of the AICPA’s Depository and Lending Institutions Audit and Accounting Guide.
Prashant’s securities industry expertise includes retail and institutional brokerage, correspondent clearing, investment banking and prime brokerage.