As a director, how do you review your board report packet and identify potential
red flags in tandem with your fiduciary responsibility? Recognizing red flags
starts with examining the list of reports and their contents, then extends to
management’s presentation and timeliness. Although not all red flags have a
negative consequence, their appearance should alert you to ask questions that
either resolve the issue or mitigate the situation before it turns into an
exception item on your next examination report. Attend this webinar and enhance
your ability to recognize potential red flags.
- Types of
reports commonly included in board packages
- Potential red flags
categorized by board report topic
- Are complaints and other warning signs
on the board’s radar?
- Recognizing audit and exam exceptions as potential
- Importance of performing board evaluations to evaluate director
Molly Stull, Brode Consulting Services, Inc.