Managing the audit process is an important task for the supervisory committee. Preparing for and executing an audit helps boards keep their credit union compliant and informed about the soundness of the credit union. Through this course, you will learn the supervisory committee's specific responsibilities when it comes to the annual audit. You will learn to differentiate and define the different types of audits. Finally, you will learn best practices for securing a proper outside auditor and how to monitor a healthy and successful relationship with third parties.
This is a CUNA Volunteer Achievement Program course.
An optional online exam is available for this course through CUNA Professional Development Online (CPD Online) for $24.50.