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Board and Fraud is a blog that aims to bring a practical approach to issues facing the board of directors and the audit committee specifically in the area of governance, risk management, compliance, and internal audit, with a strong focus on fraud, ethics, and internal controls.

Fraud

The Morning Risk Report: Survey Highlights Compliance Dangers

By Jonathan T. Marks, CPA, CFF, CITP, CGMA, CFE, PI, and NACD Board Fellow
January 24, 2018

Fewer than one in five companies give compliance staff substantive roles in handling major mergers, and more than half have unresolved compliance problems that regulators have yet to discover, according to a survey of 537 companies with annual U.K. revenue of at least £1 billion ($1.4 billion). Compliance experts say those findings from law firm Baker McKenzie both point to high levels of concern among executives and suggest ways companies can do better.

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