Committees : Audit

article | Audit May 18th, 2015

Back to the Future: The Allowance for Loan and Lease Losses

David Ruffin and Randal Rabe describe how to assess a qualitative and environmental adjustment for ALLL.

By: David Ruffin, Randal Rabe
article | Audit April 10th, 2015

New Accounting for Credit Impairment and Equity Securities: What You Need to Know

FASB has announced changes to U.S. generally accepted accounting principles that will apply across the board.

By: Matthew Schell
Bank Services
article | Audit February 16th, 2015

Rules of Engagement: Dealing With External Auditors

A CPA and chairman of the audit committee of First Virginia Community Bank in Fairfax explains what audit committees need to know about communications with external auditors.

By: Lawrence W. Schwartz
article | Audit October 17th, 2014

There’s a New Framework for Internal Controls: What Boards Need to Know

In this article, Moss Adams partners John Donohue and Denese Cahill review what’s changed and steps banks will need to take to update their internal controls and associated documentation.

By: John Donohue, Denese Cahill
video | Audit August 19th, 2014

Inside Jobs: How to Investigate Internal Fraud

Brian McCormally of the law firm Arnold & Porter LLP describes the steps that boards need to take when investigating internal fraud.

By: Brian McCormally
article | Audit July 28th, 2014

Scandals and Internal Audit: Where Banks Can Do Better

The former president and CEO of the Association of Certified Fraud Examiners looks at widespread weaknesses in internal controls that may impact your bank.

By: Toby Bishop
article | Audit June 23rd, 2014

How the New FASB Standard on Revenue Recognition May Impact Banks

Sydney Garmong of Crowe Howarth LLP writes about an important new accounting rule.

By: Sydney Garmong
article | Audit June 2nd, 2014

Whose Refund Is It Anyway?

It can get confusing as to what entity, the holding company or the bank, owes a tax refund to the other entity. Here is some advice on settling cash taxes.

By: Sheryl Vander Baan
article | Audit November 1st, 2013

Tax Due Diligence: It’s Not Just for Acquisitions

How do you know if your bank is handling tax accounting correctly? Sheryl Vander Baan of Crowe Horwath LLP helps boards handle oversight of this critical issue.

By: Sheryl Vander Baan
article | Audit August 30th, 2013

The FASB’s Proposal on Credit Losses: What’s the Status?

Crowe Horwath LLP describes the latest proposal from the Financial Accounting Standards Board.

By: Sydney Garmong