June 2025 Financial Services Audit Committee Overview

Michelle Beard, Sydney Garmong, Kristin McDonner, Ryan Walker
7/11/2025

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 cpe.processing@crowe.com.

In today’s complex regulatory landscape, having an effective audit committee is crucial for financial services companies. This webinar aims to educate current and prospective audit committee members on their evolving responsibilities in the context of corporate governance and financial institution oversight.

Our specialists empower viewers with practical guidance to navigate their expanding role and equip them with future-proofing strategies to enhance their effectiveness and preparedness. Unlock your audit committee’s full potential and position your organization for long-term success by watching our comprehensive webinar.

As a result of viewing this webinar, you should be able to:

  • Describe the latest financial reporting developments and related requirements affecting financial services companies, including developments from industry regulators
  • Recall the fundamentals and importance of corporate governance
  • Distinguish the roles and responsibilities of the board of directors, audit committee members, and the audit committee chair
  • Recognize the composition and characteristics of high-performing audit committees
  • Structure effective meetings and executive sessions
  • Oversee financial reporting, legal and regulatory compliance, and internal control risk mitigation
  • Name the expectations under the Federal Deposit Insurance Corporation Improvement Act and Section 165 of the Dodd-Frank Wall Street Reform and Consumer Protection Act for institutions crossing $10 billion or more in assets
  • Avoid common pitfalls and implement proactive strategies for success

Topics in this webinar include:

  • FASB updates and financial reporting developments – 1:03
  • SEC regulatory landscape and oversight – 21:03
  • Corporate governance and audit committee foundation – 42:13
  • Core audit committee responsibilities and best practices – 45:16
  • Monitoring risks, controls, and emerging issues – 1:15:50
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Keep up on audit committee issues with in-depth analyses and insights from our specialists.

Contact our specialists 

Our team has industry experience that can help you keep track of the latest updates, analyze critical issues, and apply insights effectively.

Michelle Beard
Michelle L. Beard
Partner, Risk Consulting
Sydney Garmong
Sydney Garmong
Partner, National Office
Kristin McDonner
Kristin McDonner
Partner, Audit & Assurance
Ryan Walker
Ryan J. Walker
Partner, National Office