• Not-for-profit organizations: Why you need an audit and finance committee

    When building a volunteer organization, optimizing volunteer resources and capitalizing on employee time are frequently the primary challenges. The common solution is to institute overarching committees of finance, nominating, programming and fundraising. However, due to this committee consolidation, audit and financial reporting responsibilities are added into the finance committee and often, despite the growth of an organization, never leave that committee – even though they should.
  • Final Basel III capital rule will affect community banks

    The final rules for the Basel III international capital accord, which will be phased in between the beginning of this year and 2019, include some relief for community banks. There are also some changes that affect the capital standards and reporting for community banks.
  • PCI compliance crackdown

    Universities must address changes to the Payment Card Industry Data Security Standards (PCI DSS) requirements under increased scrutiny from banks and credit card companies. Learn more about PCI compliance best practices.
  • 2015 hot topics in NAIC risk-focused examinations

    Understanding insurance industry trends, NAIC developments, Financial Condition Examiners Handbook updates, and preparing for reviews of Own Risk Solvency Assessment (ORSA) are some of the key items for State regulators and insurer regulatory examination liaisons.