This monthly newsletter addresses both internal and external auditing concerns and provides guidance on efficiently completing bank auditing and accounting tasks.

Recent issues have included coverage of the following topics:

• FASB and SEC guidance, reports, and pronouncements on fair value accounting
• Banking organizations’ views on implementation of the Emergency Economic Stabilization Act
• Revisions to regulatory reports required by the federal banking agencies
• Guidance from the federal banking agencies on liquidity risk management

The Bank Notes section of each issue provides brief summaries of relevant agency actions and announcements as well as new reports and research on topics of interest to banking professionals.