Despite the existence of the Federal Sentencing Guidelines (instated to allow for leniency toward corporations held criminally liable for the actions of rogue employees), for more than 20 years there were approximately zero instances of the federal government cutting businesses slack based on the merits of their ethics and compliance programs. Until 2012, that is.
Advancements in technology have impacted nearly every corner of the world – the audit is no exception. Technological shifts have had an indelible impact on how and where audits are executed. PwC Assurance Partner Beth Paul reflects on 20+ years in the audit profession and what the changes mean for the workplace and for incoming auditors.
With the latest ACA regulation now in place, organizations must furnish the IRS Form 1095-C to their employees by March 31. Without a doubt, your employees will have many questions. Kristin Lewis, Senior Director of ACA Product Management at Equifax Workforce Solutions, shares common questions you can expect from your employees and suggestions for how to answer them.
With focus on compliance in Latin America on the rise, there has also been a steady increase in the compliance competency in the region. Naturally, there have been some growing pains. An international conference last month in Columbia on anti-corruption compliance and enforcement shed light on some of the more significant mistakes emerging.
What are the main priorities that GRC stakeholders need to have in 2016? Scott Wisniewski, Managing Director for the Risk Technology Solutions at Protiviti, will address the top considerations needed in order to create a successful convergence strategy.
Last year, the UK enacted an Act of Parliament intended to combat slavery and human trafficking in the UK and in the supply chain of all businesses operating therein. In order to ensure compliance with the Modern Slavery Act, corporations must make public either their efforts to stop the use of slave labor by their suppliers or their inaction to that effect.
One of the latest scandals to hit the world of sports is performance enhancement in cyclocross. The medium in this case isn’t pharmaceutical in nature, but technological – a miniature motor designed to give the cyclist an artificial push. This instance of fraud is like any other: it didn’t happen in a vacuum, and there’s little chance of the deception being the work of a lone wolf.
We’re less than a year away from a new president, so lame duck season will soon be upon us. This phenomenon isn’t isolated to the White House, however, and it’s a prime reason why appointing an interim CEO is probably a bad idea. Much better is having a plan in place to avoid hiring and promoting in an act of desperation.
Corporate Compliance Insights is a professionally designed and managed forum dedicated to online discussion and analysis of corporate compliance, risk assessment, ethics, audit, and corporate governance topics. Additionally, Corporate Compliance Insights is a focused knowledge-sharing forum designed to educate and encourage informed interaction within the corporate compliance community. Corporate Compliance Insights is founded by Maurice Gilbert, managing partner of the Conselium Executive Search Firm, a compliance-focused executive search firm.