United States

5 evolving risks the audit committee should monitor in 2015

FINANCIAL INSTITUTIONS INSIGHTS  | 

Community banks continue to rebound strongly, but the operating environment can be particularly hard on audit committees who are under significant pressure to keep pace with guidelines affecting financial oversight.

In our report, 5 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.

These quick action steps will give your audit committee the solid foundation it needs to improve oversight in a high-stakes regulatory environment.