Committees : Audit
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.
How the New FASB Standard on Revenue Recognition May Impact Banks
Sydney Garmong of Crowe Howarth LLP writes about an important new accounting rule.
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.
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.
The FASB’s Proposal on Credit Losses: What’s the Status?
Crowe Horwath LLP describes the latest proposal from the Financial Accounting Standards Board.
The Role of the Audit Committee
John Palmer of ICS Consulting Partners reviews the basic skills and requirements that every audit committee needs be successful today.
What’s Under the Hood: The Audit Committee’s Role in M&A Due Diligence
Justin Long of Bracewell & Giuliani shares some red flags that boards should focus on when evaluating a target bank’s compliance environment.
Repositioning the Internal Audit from Good to Strong
Lynn McKenzie, partner with KPMG LLP, reviews what bank boards can do to improve internal audit.
10 Best Practices for Audit Committee Members
Serving on the audit committee is one thing. Doing it well is another.
Do Audit Committees Really Need a Lawyer for Every Meeting?
A consultant from Crowe Horwath LLP addresses the expense and best practices of having lawyers attend audit committee meetings.