Risk, Strategy, Culture: Internal Auditors Shoot for the Stars
It is an amazing and exciting time to be an internal auditor. This is not a facetious statement. Stakeholder expectations are rising, creating opportunities for internal auditors to expand beyond their traditional role of policing internal control frameworks and consult at a high level in the organization and on a wide range of executive and […]
Are You Ready for CECL Model Validation? The Answer Is a Resounding … Maybe.
Whether financial services organizations are prepared for the impact of the Current Expected Credit Loss (CECL) standard is a hot topic of conversation. The standard, issued in June 2016 by the Financial Accounting Standards Board (FASB) and set to take effect in 2020 for SEC registrants and 2021 for all other banks, represents a significant shift […]
