Detecting Red Flags in Board Reports
Download or Read eBook Detecting Red Flags in Board Reports PDF written by Office of the Comptroller of the Currency and published by Createspace Independent Publishing Platform. This book was released on 2014-10-19 with total page 84 pages. Available in PDF, EPUB and Kindle.
Author | : Office of the Comptroller of the Currency |
Publisher | : Createspace Independent Publishing Platform |
Total Pages | : 84 |
Release | : 2014-10-19 |
ISBN-10 | : 1502846365 |
ISBN-13 | : 9781502846365 |
Rating | : 4/5 (65 Downloads) |
Book Synopsis Detecting Red Flags in Board Reports by : Office of the Comptroller of the Currency
Book excerpt: Good decisions begin with good information. A bank's board of directors needs concise, accurate, and timely reports to help it perform its fiduciary responsibilities. This booklet describes information generally found in board reports, and it highlights “red flags”—ratios or trends that may signal existing or potential problems. An effective board is alert for the appearance of red flags that give rise to further inquiry. By making further inquiry, the directors can determine if a substantial problem exists or may be forming.