Committees : Audit
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.
Fed survey details the average costs of compliance based on the size of bank.
Here's a rundown of some of the changes happening inside bank audit committees this year.
As the effects of the banking crisis continue to recede, regulatory agencies have shifted their focus.
The size, complexity and ever-evolving nature of cyberattacks mean there’s no one-size-fits-all way to respond.
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.
Crowe Horwath’s Sydney Garmong writes about accounting changes that impact banks.
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.
This article describes questions board members should ask about internal fraud to exercise proper oversight.
An effective audit committee is a critical component of a financial institution’s corporate governance and combines four key components: people, resources, support and approach.