Committees : Audit

Article | December 28th, 2016

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.

By: Mike Ohlweiler, John Depman
Article | September 30th, 2016

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.

By: Sydney Garmong, Staci Shannon
Article | September 15th, 2016

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.

By: Michael Budinger, Ryan Michalik
Bank Services
Article | September 8th, 2016

Compliance Costs: How Does Your Bank Compare?

Fed survey details the average costs of compliance based on the size of bank.

By: Naomi Snyder, editor-in-chief at Bank Director
BD Article
Article | June 10th, 2016

Top Trends Impacting Audit Committees in 2016

Here's a rundown of some of the changes happening inside bank audit committees this year.

By: Naomi Snyder, editor-in-chief at Bank Director
Article | May 17th, 2016

Three Critical Challenges for Bank Audit Committees

As the effects of the banking crisis continue to recede, regulatory agencies have shifted their focus.

By: Sal Inserra
Article | March 15th, 2016

The Five Critical Attributes of Effective Cybersecurity Risk Management

The size, complexity and ever-evolving nature of cyberattacks mean there’s no one-size-fits-all way to respond.

By: Raj Chaudhary, Jared Hamilton
Article | February 16th, 2016

Beyond Cost-Cutting: Six Strategies for Improving Banks’ Operating Efficiency

With the challenges financial institutions face these days, it’s no wonder many banking executives are focusing intently on cutting costs and “right-sizing” their operations.

By: Timothy Reimink
Article | February 15th, 2016

FASB’s New Standards for Financial Instruments: What Banks Need to Know

Crowe Horwath’s Sydney Garmong writes about accounting changes that impact banks.

By: Sydney Garmong
Article | December 22nd, 2015

Getting Started With Third-Party Risk Management: Two Key Questions

A thoughtful approach based on an initial assessment of the bank’s current state can result in better risk management and compliance that aren’t overly burdensome.

By: Michele Sullivan