Ashley Ensley is a partner in the Financial Services Practice at FORVIS MAZARS. She has extensive experience serving large SEC financial institutions, as well as community banks, investments funds, and fintech companies. She primarily serves as the engagement partner for public and private financial institutions that require an audit opinion on internal controls over financial reporting.
Audit Fundamentals the Board Should Know
The board’s audit committee is critical to a bank’s corporate governance, overseeing internal and external audit, risk and financial reporting, among other duties. Audit committee members don’t necessarily have to be financial professionals, but they should have working knowledge of their industry and a willingness to ask hard questions of management. In this video, Forvis Mazars partner Ashley Ensley gives a brief overview of the audit committee’s duties and what it takes to perform that role.
Topics discussed include:
- Financial Reporting Oversight
- Internal and External Audit Duties
- Serving on the Audit Committee
This video is an excerpt from Bank Director’s Online Training Series unit, Audit Fundamentals. For more information about the Online Training Series video library, contact [email protected].