Richards & Associates News Summary

Weekly News Summary -  October 5, 2020     Press Release For Immediate Release Weekly News Summary Hello NCOFCU Members, Here are some things that were in the news last week. Please share these articles with your Supervisory Committee and Board of Directors. If you missed previous editions of the weekly news, summaries of those can be viewed at our archive.  Have a great week! Mike Richards, CPA        Economic and Industry Issues Knowledge is the key to effective corporate governance. Staying abreast of economic and industry issues affecting your credit union will prepare you for those responsibilities. NACUSAC 2020 Webinar Series   Read More Five Problems Fintechs Help Solve  Read More Making strategic planning relevant in an uncertain world  Read More   Regulatory and Accounting Issues Regulatory and accounting issues are changing all the time. Staying abreast of those changes is an important part of the corporate governance.   Watch for these NCUA exam 'hot spots'   Read More  Submitted For Your Approval: Reimbursement of Volunteer Expenses  Read More Opinion: Credit unions don't need CECL, they need an exemption  Read More     Fraud Awareness As you will see from reviewing these articles, fraud can happen in any credit union. Staying vigilant is the key to preventing your credit union from being the next victim.    NCUA Issues Prohibition Notice  Read More Suffolk DA: 13 Individuals, 3 Corporations Indicted in Alleged Nation-Wide Synthetic Identity Fraud Scheme  Read More Former bank employee arrested in embezzlement scam involving over $40,000  Read More   If this email was forwarded to you by another subscriber, you can join our mailing list and have the free Weekly News Summary sent directly to you. Subscribe now Visit us at richardscpas.com