Nearman Maynard Vallez Auditing Services for Credit Unions

Cecil D. Maynard III
CPA, MPA, CFE, FCPA, CFF

Cecil D. Maynard received his Bachelor of Accounting from Florida International University and his MPA (Master of Professional Accountancy) from Barry University.  He successfully completed the requirements for the CPA (Certified Public Accountant) designation in the state of Florida, and has met the requirements of being a Certified Public Accountant in several other states. Cecil has earned the CFE (Certified Fraud Examiner) designation from the Association of Fraud Examiners.  Cecil received this certification after an extensive application process and upon passing the uniform CFE Examination.  Cecil has also met the requirements for certification as a Forensic Certified Public Accountant (FCPA).  Forensic CPAs not only utilize their accounting and auditing skills, but also use their investigative skills to determine what events actually took place in a financial setting.  In addition, Cecil has fulfilled all the established requirements of eligibility as required by the American Institute of Certified Public Accounts and has been granted the designation of being Certified in Financial Forensics (CFF).   He has been with Nearman, Maynard, Vallez, CPAs, P.A. since 1990, during which time he has advanced to the position of Partner and Shareholder.

As a Partner of Nearman, Maynard, Vallez, CPAs, P.A., Cecil is directly responsible for the firm's credit union clients and the day-to-day management of the Miami office.  In addition to being a Partner of the firm, he is also Chairman of the firm's Quality Control Committee.  The primary objective of the Quality Control Committee is to maintain and enhance the quality control standards of the firm through quarterly monitoring, annual inspections, and a triennial peer review.  Cecil is also part of a team that manages the proposal process, ensuring that proposals meet client requirements and reflect any change in accounting or regulatory requirements.

Cecil has conducted both federal and state chartered credit unions.  This includes supervising and training the audit staff, planning and reviewing the audit engagements, and ensuring the audits are performed in compliance with regulatory pronouncements and professional standards set forth by the AICPA.  Additional responsibilities include the presentation of audit results to the Supervisory or Audit Committees, Management, and Boards of Directors.  Cecil has also conducted and supervised various fraud and fraud-related audits in the credit union industry.  In addition, Cecil has also contributed to the American Institute of Certified Public Accountants publication of Checklists and Illustrative Financial Statements for Depository and Lending Institutions for Credit Unions.

Cecil writes articles for the firm's newsletter "The Auditor's Report" and other publications on topics such as fraud, internal controls, quality control, and various accounting and auditing issues.  "The Auditor's Report" is distributed nationally.  Cecil has conducted educational workshops at our Credit Union Conferences in the past, regional workshops and at individual credit unions.  Some of the topics include developing internal controls, fraud prevention, accounting and auditing issues, and cash counts and counterfeit detection.

Cecil is a member of the American Institute and Florida Institute of Certified Public Accountants, Certified Fraud Examiners, the Forensic CPA Society, the International Association of Financial Crimes Investigators, the Institute of Management Accountants, National Society of Tax Professionals, and the National Notary Association.