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Mastering ICFR Audits: A Guide for Banks with Over $1 Billion in Assets
Reading Time: 3 minutes Internal Control over Financial Reporting (ICFR) audits are a cornerstone of financial accountability, especially for banks with over $1 billion in assets. The Sarbanes-Oxley Act …
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Off-Balance Sheet Credit Exposure Liability Under (ASC) 326
Reading Time: 2 minutes Since the effective date of ASC 326 (CECL), we’ve been asked several questions regarding the need for a separate liability for off-balance sheet (OBS) credit …
Read moreOff-Balance Sheet Credit Exposure Liability Under (ASC) 326
Navigating HUD Lending: A Guide for Banks
Reading Time: 3 minutes The U.S. Department of Housing and Urban Development (HUD) plays a crucial role in expanding access to affordable housing. By providing federal support and insurance …