Author : Office of the Comptroller of the Currency
Release : 2014-10-19
Genre : Reference
Kind : eBook
Book Rating : 365/5 ( reviews)
Book Synopsis Detecting Red Flags in Board Reports by : Office of the Comptroller of the Currency
Download or read book Detecting Red Flags in Board Reports written by Office of the Comptroller of the Currency. This book was released on 2014-10-19. Available in PDF, EPUB and Kindle. 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.
