Video

Best Practices for Internal Controls and Accountability

By Kari Wilfong

In terms of financial oversight by board members, what are some best practices for internal controls and accountability?

What lens does your board use currently when it looks at your credit union's financial situation? Enterprise health? Risk management? Compliance? Something else? Is your current lens the best one?

How do you balance innovation with compliance? What governance tweaks would make it better?

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