Banking Outlook | Grant Thornton

Where should bank audit committees focus in 2020?

CECL means major accounting changes. Blockchain raises new questions. And LIBOR adds another major challenge.

What’s in the report ?

Impact of CECL and considerations for documentation and internal controls
Key considerations about blockchain developments and third-party exposure
Action steps to identify LIBOR exposures and prevent new ones

“For most banks, CECL is now effective. Blockchain presents new internal controls challenges. LIBOR transition is a massive effort. What should audit committees be asking?”

Meet our leader

Graham Tasman

Principal, Banking Industry Leader
Advisory Services

Grant Thornton Advisors LLC

Graham leads the Banking Industry for Grant Thornton, bringing the breadth of our firm’s services to our clients and delivering world-class business transformation capabilities that elevate our clients’ strategic agendas around digital disruption, finance, risk, and sustainability in a demanding regulatory environment.

Philadelphia, Pennsylvania

+1 215 376 6080