July 2026 Financial Services Audit Committee Overview

Sydney Garmong, Jim Romask, Mark Shannon, Kim Grey
7/10/2026

As financial services companies’ audit committee requirements and expectations evolve in today’s dynamic environment, it is critical for audit committee members to be current with industry developments.  

This webinar provides audit committee members and other professionals at financial services companies with an overview of financial reporting developments and recent regulatory updates to inform their responsibilities.

Additionally, our professionals provide updates on emerging fraud trends, including social engineering, AI-enabled threats, and loan fraud throughout the lending life cycle.

Topics in this webinar include:

Accounting and Financial Accounting Standards Board update – 2:02

  • CECL post-implementation review overview & public roundtable recap
  • Recent standard-setting activity
  • Reminders for 2026 and 2027
  • Resources
  • Upcoming American Institute of CPAs (AICPA) banking and credit unions conferences

Securities and Exchange Commission (SEC) and regulatory developments – 24:45

  • SEC regulatory agenda overview
  • Overview of current SEC rule proposals
    • Semiannual reporting
    • Filer status simplification
    • Registered offering modernization
    • Climate disclosure rescission

Fraud risk and audit committee oversight – 41:36

  • Why fraud governance matters
  • Emerging fraud landscape
  • Governance challenges
  • Questions audit committees should ask management
  • Regulatory landscape and examiner focus
  • Fraud risk assessments
  • Financial Crimes Enforcement Network 

Note: Only attendees of the live webinar are eligible for CPE or CLE credit for qualifying webinars. If you view the webinar recording on this page you may not be eligible for CPE or CLE. For questions about CPE, contact [email protected].

Additional CPE information

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Sydney Garmong
Sydney Garmong
Partner, National Office
James R. Romask
James R. Romask
Office Managing Partner, Cleveland
Mark Shannon
Mark Shannon
Partner, National Office
Kim Grey
Kim Grey
Senior Manager, Risk Consulting

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