by Stephen Griffin | Jul 14, 2023 | Accounting for Credit Unions
With the rising expectations of Supervisory Committees, volunteers face the real challenge of staying up to date with regulatory requirements. Luckily, there are steps that the team can take to stay on track—all it takes is a little bit of consistency. Implement...
by Racheal Alvey | Mar 26, 2023 | Accounting for Credit Unions
NCUA Call Report Changes in March 2023 The National Credit Union Administration 5300 Call Reports are quarterly listings of summarized accounts collected from all federally insured credit unions. These must be filed about 30 days after the end of each quarter—so...
by Racheal Alvey | Sep 13, 2021 | Accounting for Credit Unions
Credit Unions, It’s Time to Prepare for Your Year End Audit Now that we are well into September, it’s time for credit unions to start preparing for their year-end audits. Year-end audit preparation is a stressful time for both credit union Supervisory Committees and...
by Stephen Griffin | Mar 30, 2021 | Accounting for Credit Unions
Consistency is Key for a Productive Supervisory Committee With increased expectations of Supervisory Committees, staying up-to-date with regulatory requirements has become a real challenge for the volunteers on those Committees. A commitment to consistency can keep...
by Stephen Griffin | Jul 4, 2019 | Accounting for Credit Unions, Assurance Accounting, Audit Accounting, Business Consulting
Credit Union Supervisory Committees What is a Supervisory Committee? One of the hottest topics I have seen National Credit Union Administration (NCUA) examiners focus on this past year is the performance of Supervisory Committees at Credit Unions – and rightfully so....
