Crowe "Weekly Focus: What Makes Audit Committees Effective?"

 

Top Crowe insights for the week

 

Oct. 16, 2022

 
 
3 critical traits of an effective audit committee 

As regulatory scrutiny intensifies, it’s crucial that financial institution audit committees remain highly engaged and effective. Crowe outlines three characteristics these entities should aim for. (Short read) 

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Getting executive buy-in for data as an asset 

This recently published article on Forbes.com for Crowe BrandVoice makes the case to executives about the quality and value data brings to organizations as an asset in its own right. (Moderate read) 

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4 avoidable exit strategy mistakes for private equity groups 

Crowe looks at four top mistakes – ranging from lack of clarity to compliance concerns – that PEGs make in exit strategy and how to mitigate them before they grow to become major issues. (Short read) 

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IRS guidance on alternative fuel tax credits for 2022 

Get background on recent IRS notices, rules, and guidance surrounding alternative fuel tax credits, plus details on the provisions and eligibility requirements for claimants. (Short read) 

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Goodwill impairment testing and navigating economic volatility 

The FASB has ended its project to simplify goodwill impairment testing. Get a refresher on current guidance, which remains unchanged. Understand how times of heightened volatility can trigger events. (Long read) 

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Cybersecurity month featured article
 
 
NTLM relay attacks: A dangerous game of hot potato 

NTLM relay attacks compromising authentication protocols are common. Learn what they are, understand how they work, and then take steps to protect against the many forms these attacks can take. (Long read) 

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Events
 
 

Webinar
2022 governance, risk, and compliance webinar series


Oct. 20 | Gross-to-net (G2N) update 

Get a high-level overview of G2N, including common pitfalls, risks, and best practices for mitigating those outcomes. Earn 1.0 hour of CPE credit.

 
 

Register now

 
 

Webinar

Oct. 25 | Financial Services TogetHER encore 

Be inspired by Kimberly Ellison-Taylor’s keynote speech, “Next Level Mentorship,” as we recognize the benefits of mentors, coaches, and sponsors. 

 
 

Register now

 
 

Webinar

Oct. 27 | What you need to know about the FASB’s new lease standard 

Is your organization ready for lease accounting standards? Get the answers you need to help you get up to speed and compliant.

 
 

Register now

 
 

Conference

Nov. 9 | Texas Business Conference (TXBizCon) 

Attend a full slate of valuable, engaging sessions in Houston. Explore current and forecasted trends in the Texas, national, and global economies. Up to 6.0 hours of CPE credit.

Plus, listen to our keynote speakers – economist Marci Rossell and former Houston Astros first baseman Jeff Bagwell – offer insights on business and life.