McGladrey publishes 2015 Audit Committee Guide

mcgladreyFinancial institutions must consistently navigate both economic uncertainty and complex regulatory requirements. Is your audit committee up to the challenge? McGladrey’s new Audit Committee Guide for Financial Institutions offers practical guidance on key responsibilities, including:

  • Financial reporting process
  • Control environment
  • Risk assessment, including fraud risk
  • External audit
  • Internal audit
  • Regulatory and compliance issues
  • Conflicts of interest

A new addition to this year’s guide is an “evolving risks” supplement. In this report, Five evolving risks the audit committee should monitor in 2015, McGladrey financial institution leadership professionals take a closer look at cybersecurity, BSA/AML, compliance, model governance and vendor management challenges, along with the steps financial institution executives, audit committee members, and board members should address now. The guide and supplement will give your audit committee the solid foundation it needs to improve oversight in a high-stakes regulatory environment.

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