Explain legislation impacted financial reporting for bank
Course:- Finance Basics
Reference No.:- EM13831001

Assignment Help
Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Finance Basics

Conduct additional research for Bank of America. Write a 2-3 page paper on your risk management plan in which you discuss the key people responsible for mitigating risk at the bank. Be sure to include corporate governance, the impact of the Sarbanes-Oxley Act, and asset-liability management in your discussion.

In this paper, please address the following questions:

Who are the members of the board of directors and what is the significance of their role at the bank?

Who are the members of the executive committee or team, specifically the President, CEO, and CFO and what are their responsibilities?

What makes them qualified for their positions?

How has the Sarbanes-Oxley Act and other legislation impacted financial reporting for the bank?

How is asset-liability management handled at the bank and by whom? Be sure to include a brief description of how risks to liquidity, interest rates, currency, funding of capital projects, and planning for profit and growth are mitigated.

apa format & references

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Finance Basics) Materials
Assume that European countries impose a quota on goods imported from the United States and that the United States does not plan to retaliate.  -  How could this affect the va
Every company finds it challenging to recruit and select top executives for an international location. The nationals of the host country will be aware of the local laws and
Explain why this should be the case, being sure to describe the similarities and differences between the CAPM and APT. Also, using these theories, explain how superior inves
Develop a three-to four-page analysis, excluding the title page and reference pages, on the projected return on investment for your college education and profected future em
A local magazine is offering a $2,500 grand prize to one lucky winner. The prize will be paid in four annual payments of $625 each, starting one year after the drawing. How
Dayco operates industry average ratios are these: return on assets: 11%; asset turnover: 2.5 times; Net profit margin: 3.6 %. Compare Dayco's performance against the industr
Examine the structure and activities in Wal-Mart and identify two projects or events which required an investment. One should be the 'current project' and other long-term in
&J Enterprises wants to issue eighty 15-year, $1,000 zero-coupon bonds. If each bond is priced to yield 9%, how much will J&J receive (ignoring issuance costs) when the b