Shane Husar, CPA
Partner
I really enjoy the relationships that we develop with our clients, not only from a business perspective, but on a personal level as well. When we can get to know our clients' passions, we create the connection that helps build additional layers of trust. Not only does it make our job more enjoyable, but it makes it much easier to have those critical conversations that are necessary to help move their organizations forward.
OVERVIEW
Shane helps our financial institution clients achieve their strategic business goals through his knowledge of the current regulatory environment and accounting requirements. Whether your institution is venturing into a new product or service, expanding operations or faced with an unusual transaction, he provides the answers to help you understand how it will impact the bottom line.
When you work with Shane, you can expect that he will take the time to understand your organization's processes and help you look for improvements. Accessibility is important to Shane—being responsive to his clients is non-negotiable. He understands that his clients are often working against regulatory deadlines, and providing them with timely assistance is critical.
Outside of work, Shane invests the majority of his time in helping his two kids chase their dreams, whether it be on the basketball court, baseball field or in the horse stables. The odd weekend getaway with his wife Abby and frequent appearances out on the golf course are where you can find Shane when he's taking time for himself.
QUALIFICATIONS
Memberships
- American Institute of Certified Public Accountants
- North Dakota Society of Certified Public Accountants
- Independent Community Banks of North Dakota Emerging Leaders Group
Designations/Licensures
- Certified Public Accountant
- Blockchain for Accounting and Professionals Certificate, AICPA
Education
- Master of Business Administration, Accountancy – University of Mary, Bismarck, N.D.
- Bachelor of Science, Accounting and Business Administration – University of Mary, Bismarck, N.D.
- North Dakota Bankers Association Dakota School of Banking
- Several hours of continuing professional education over the past year, including annual audit and accounting updates, AICPA National Banking Conference, AICPA Blockchain for Accounting and Finance Professionals and other financial institution specific training.
KNOWLEDGE
Client Work
- Leads audit engagements for financial institutions with sizes ranging from $10 million to $8 billion in assets, including audits requiring opinions on internal controls (FDIC Part 363) and HUD compliance requirements over mortgage lending.
- Provides a variety of other services for financial institutions, including internal audits, trust examinations, directors' exams and loan file reviews.
- Consults with institutions of varying sizes and complexity on the financial reporting requirements of the FFIEC Call Reports and contributes various technical papers and presentations on the subject.
- Facilitates the implementation of the Current Expected Credit Loss Model (CECL) with financial institutions, including determining a methodology that is specifically tailored to each institution.
- Assists financial institutions throughout the merger and acquisition application process by providing pro forma and forecasted financial statements, as well as consultations on the accounting and financial reporting requirements for business combinations.
COMMUNITY
Community Involvement
- Zion Lutheran Church, Treasurer
- West Fargo Baseball Association, Travel Baseball Coach