This eBook includes selected materials to assist your organization in addressing various aspects of corporate governance, specifically with respect to the implementation and monitoring of internal controls to address controls environment elements. Outsourcing and overriding internal controls are areas of concern that are addressed.

From credit risk to integrated financial software systems, the manual contains sample internal controls tools for every key area of the financial institution: checklists, examples of documentation, and clear guidelines you can use for internal control checklists for yourown operation. Topics such as credit scoring processes and automated clearing house activities are also areas of risk focus. Whether due to inadvertent mistakes or collusion to circumvent controls, regulators continue to request that financial institutions evaluate controls and procedures in the operational areas.