Committees : Audit

article | September 3rd, 2021

New Accounting Guidance Seeks to Clarify Three Big Questions

The OCC has released its annual accounting bulletin addressing three key items that are considered the most relevant to national banks.

By: Michael Davis
article | August 26th, 2021

10 Fraud Prevention Tips to Help Protect Your Institution

Banks have a number of ways — from mandatory vacations to corporate policies — that can help minimize revenue lost to fraud.

By: Bryan Callahan
article | June 22nd, 2021

The Post-Pandemic Priorities for Audit and Risk Committees

To prepare for the future, bank audit and risk committees should review and reconsider how the pandemic altered business operations and the control environment.

By: Jennifer Burke, Sal Inserra
article | May 21st, 2021

Highlights From CECL Adoption

Highlights from the banks that adopted the new loan loss accounting standard could prove very useful to other community banks as they work toward the January 2023 effective date.

By: Brandy Buckler
article | April 15th, 2021

A New Look at Problem Loan Management

In a time when payment deferrals and modifications are numerous and widespread, and government-assisted credit is necessary, how banks identify problem loans change?

By: Erica Crain, Monica Bolin
article | March 22nd, 2021

A Look at the Great Loan Modification Experiment

Banks helped struggling borrowers and provided better insight into credit quality after regulators suspended loan modification rules.

By: Kiah Lau Haslett, managing editor for Bank Director
article | March 11th, 2021

Solve the Right Problem: The Path to Remediation Success

While there are no shortcuts, there are a few key steps banks can take when remediating a compliance issue the first time.

By: Veronica Baker-Adams
video | December 31st, 2020

An Audit Expert Explains What’s Changed

Jon Tomberlin of Dixon Hughes Goodman weighs in on the audit committee’s role during a pandemic.

By: Kiah Lau Haslett, managing editor for Bank Director
article | October 30th, 2020

New Pandemic Safety and Soundness Standards for Banks

Regulators have issued guidance outlining their expectations for banks when it comes to credit quality, operations and working with borrowers.

By: Erica Crain, Susan Sabo
BD Article
article | August 28th, 2020

Banks Have Started Recording Goodwill Impairments, Is More to Come?

Once the coronavirus crisis leeches into credit, a growing number of banks may need to record goodwill impairment charges.

By: Kiah Lau Haslett, managing editor for Bank Director