Committees : Audit
A Practical Guide for CECL Implementation
Bank leaders should enact these five practices to prepare for the implementation of the CECL standard.
What to Look for in 2018: Changes in Equity Investments Accounting and Fair Value Disclosures
There is a new accounting standard with only a handful of changes going into effect for public business entities (PBEs) in the first quarter of 2018, but some of the changes are meaningful.
CECL: Navigating Regulatory Expectations
Regulatory agencies expect effective implementation of the CECL standard. Here’s what boards need to know.
Fifth Third CEO Says Pace of Bank Industry Change Is Fastest He’s Ever Seen
Greg Carmichael and other speakers at Bank Director conference sound a note of caution in the face of rapid change.
Using Big Data to Assess Credit Quality for CECL
Chad Kellar of Crowe Horwath LLP describes the new data requirements for new accounting standard.
Is Your Bank Ready for CECL?
Bank directors need to consider vital questions to make sure their bank is ready for a major accounting change.
The Board’s Role in the Transition to CECL
As with any major initiative, a successful transition to the new accounting standard will require active involvement of the audit committee, board and senior management.
Adapting to CECL: Beyond the Accounting
The new Financial Accounting Standards Board (FASB) rule for estimating expected credit losses has been dubbed the most significant change in the history of bank accounting.
Compliance Costs: How Does Your Bank Compare?
Fed survey details the average costs of compliance based on the size of bank.
Top Trends Impacting Audit Committees in 2016
Here's a rundown of some of the changes happening inside bank audit committees this year.