Credit union audits and exams are ongoing compliance activities for auditors and business units alike. Yet, without a solid, repeatable structure, they can drain significant time and resources. And in today’s economy, resources are already at their breaking point.
Spectra Credit Union is based in Alexandra, Virginia. They control over $500m in assets and are growing quickly. Their audit team is small and also handles risk, compliance, and other regulatory duties.
This blog is based on part of an article I wrote for The Audit Report, the official publication of the Association of Credit Union Internal Auditors.
This blog is based on part of an article I wrote for The Audit Report, the official publication of the Association of Credit Union Internal Auditors.
We’re proud to announce the release of Redboard 11.2! This new version of our credit union audit management software features new enhancements to streamline use.
Credit union regulatory exams don’t come around often, but they are stressful. These exams tips will give you more confidence and better results.
Do you know of anyone who looks forward to credit union exams? Do they have NCUA rules and regulations tattooed on their arms? Do they read article after article exploring various credit union compliance resources?
The world of compliance moves fast, and new regulations emerge monthly. It’s important to keep your ear to the ground to see whatever changes are coming. And, seeing other people’s approaches—both from the regulatory side and from the credit union side—can provide much needed perspectives.
In order to be productive, effective, and efficient in today’s fast-paced world, it’s important to have access to the right resources. That’s why we created the Credit Union Auditor’s Resources Survey.
I sat down with Olivia Whipple, Founder of The Audit Library, to discuss my early career and the prevalence of corporate fraud uncovered in audits. The topic doesn’t necessarily cover credit union audits, but you can’t miss this wild ride.
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