Audit

  • Viewpoint | Audit
  • October 26th, 2015

Maintaining Internal Audit Independence Regardless of Structure

Whether your bank uses an in–house, an outsourced or co-sourced internal audit function, the internal audit program must be independent.

  • Article | Audit
  • September 24th, 2015

Lessons Learned From the Stress Tests

In the wake of the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act stress test (DFAST) regulations, the term “stress test” has become a familiar part of the banking lexicon.

  • Article | Audit
  • August 18th, 2015

Saving Money as Part of Due Diligence

As acquisitions continue to play a major role in financial institutions’ strategic growth plans, management teams and boards are under increasing pressure to deliver results—with minimal surprises.

  • Article | Audit
  • June 23rd, 2015

The Job of the Audit Committee

As regulatory scrutiny intensifies and liability concerns mount, it’s more important than ever that financial institution audit committees are highly engaged.

  • Article | Audit
  • May 19th, 2015

Fair Lending Compliance Is Becoming More Complex and More Challenging

Here is what boards need to know about fair lending compliance and future rule changes.

  • 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.

  • 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.

  • Article | Audit
  • February 16th, 2015
  • Bank Services

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.

  • 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.

  • 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.