Detecting Red Flags in Board Reports: A Guide for Directors

Detecting Red Flags in Board Reports: A Guide for Directors
ISBN-10
1502846365
ISBN-13
9781502846365
Category
Reference
Pages
84
Language
English
Published
2014-10-19
Publisher
Createspace Independent Publishing Platform
Author
Office of the Comptroller of the Currency

Description

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.

Similar books