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- Governance
Governance: Board of Directors Effectiveness
April 5, 2021
As the organization’s ultimate decision-making body, fundamentally, the Board of Directors plays two critical roles: overseeing management on behalf of shareholders and other constituencies; and advising management, albeit with limited involvement in everyday company operations. Today there is a lot of pressure on Boards to improve their performance and oversight, which means there needs to proper composition to help drive board engagement.
Risks to consider in 2018 and beyond!
December 30, 2017
The risks provided are not based on theory, but rather what I am seeing in practice. I also focused on those risks that might not be so obvious?
Fraud Risk Assessment – A Recipe for Greater Success!
January 12, 2018
In addition to establishing an ethical environment, board members and management must also take the lead in implementing and maintaining a formal fraud risk management program. One key element of such a program is a fraud risk assessment.
Risk assessments are part of the discipline of risk management, where enhanced frameworks and techniques have emerged. Risk management comprises the identification, assessment, and prioritization of risks followed by the coordinated and efficient use of resources to monitor, minimize, and otherwise control the impact of the risks on the organization.
- Board
Ethics and Compliance: Active Board Involvement Is a Must
April 5, 2021
Establishing and supporting a corporate compliance program is widely recognized as one of the fundamental responsibilities of a corporate board of directors. But merely seeing that there is a compliance program in place is by no means an adequate effort. The Board must also actively oversee that function.
Active oversight is essential if a company’s business plan includes strategies, practices, or other elements that could be considered high-risk. Such situations call for even more involvement and active engagement by the Board.
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- Tax
Speaking and Training on Fraud, Compliance, Ethics, and More…
November 11, 2019
- Investigations
- Risk
Red Flags That May Indicate You Might be at Risk of Violating FCPA
February 3, 2021
- Ethics
The Continued Evolution of Best Practices for Compliance Programs!
February 10, 2021
There have been significant releases of information by the federal government which directly impacted compliance professionals. Two came from the Department of Justice and one came from the Department of Treasury, Office of Foreign Asset Control. This eBook will discuss them all in depth and provide a structure for the compliance practitioner to use guidance from all three cases to implement best practices in their compliance program.
- Fraud Risk Management
FCPA – The Role of The Board and More!
February 19, 2021
One of the FCPA themes for 2020 has been hiding in plain sight all along. The FCPA requirement that “reporting companies to devise and maintain a system of internal accounting controls sufficient to provide reasonable assurances that, among other things, transactions are executed following management’s general or specific authorizations, and access to assets is permitted only in accordance with management’s general or specific authorization.” But what if the violation of this requirement occurs in a non-foreign (IE., the U.S.) and in a non-bribery situation.
