Transcription of Chapter 7 MANAGEMENT
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Chapter 7 MANAGEMENT
Chapter 7 MANAGEMENT TABLE OF CONTENTS MANAGEMENT .. 7-1 Examination Objectives .. 7. 1 Associated Risks .. 7-1 Overview .. 7-2 Meeting with MANAGEMENT .. 7-2 Board, Committees, Operational MANAGEMENT .. 7-4 Red Flags .. 7-5 Board Responsibility .. 7-6 Board and Committee Minutes .. 7-7 Annual Meeting .. 7-9 Board Appointment .. 7-9 Operating MANAGEMENT .. 7-10 Policies and Procedures .. 7-10 Board Oversight of Operating MANAGEMENT .. 7-11 RisWReturn Tradeoff .. 7-12 Financial MANAGEMENT .. 7-12 Personnel MANAGEMENT .
Page 7-1 Chapter 7 MANAGEMENT • Assess management’s ability to recognize, assess, monitor, and control risk • Assess whether the credit union board of …
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