Hello readers!

Our hearts go out to all the individuals impacted by the flooding and damage in Texas, Florida and Puerto Rico due to Hurricanes Harvey, Jose and Maria. I hope that you will be well on the road to recovery by the time this issue is released. If you have any stories or photos that you would like to share with the ACUA community, please send them in and we will include them in the Winter edition. We are certainly keeping you in our hearts and prayers.

The main theme of this issue seems to be Compliance. This happened quite by accident, but I feel it is a relevant issue at a time when institutions are becoming more proactive regarding this topic. I think that we have an important role during this time, to keep management focused on those areas of greatest risk. Maintaining a balance between those that read a regulation and think, “If it does not say we can, then we won’t”; to those on the other side of the spectrum who think, “if it does not say I cannot, then I should be able to.” Each institution most likely has a good mix of both, with most people sitting somewhere in the middle. Auditors can certainly play a role in helping to educate management regarding potential actions.
Since this will be coming out following the Annual Conference, I will say that I hope you all enjoyed your time in Phoenix.

I will repeat my two requests from previous issues:

I, like you, am looking forward to what future issues bring.
 

Thank you, Ron Richards