Trust Examiner School - September 2023

Internal Use Only

Operations, Internal Controls & Audits

Recordkeeping

Internal Routines & Controls

Audit Function

Call Reports

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Internal Use Only

Statement of Principles of Trust Department Management

Provide for an adequate audit (by internal or external auditors or a combination thereof) of all fiduciary activities, annually. Trust committee minutes should record the findings of the audit, including actions taken as a result of the audit.

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