Tips and Techniques for Detecting and Preventing Fraud
WEBAug 16, 2018 — Read: Top Tips for Deterring Fraud: A Guide for Audit Committees. 3. Improve controls by implementing continuous auditing and monitoring. Strengthen controls over transaction authorizations and use continuous auditing and monitoring to test and validate the effectiveness of your controls.
Internal Control Checklist: 5 Anti-Fraud Strategies to Deter, …
WEBMar 10, 2010 — This condition is principally managed by designing and implementing a control environment that prevents, detects, and deters most fraudulent behavior, whether conducted by employees, vendors, consultants, or senior management. As part of such a control environment, there are five key anti-fraud …
Creating an Effective Code of Conduct (and Code Program)
WEBJul 1, 2018 — This tone connects responsible conduct to the company’s and the employee’s success. Such a tone can inspire employees to appreciate the code’s role in the company’s success and ow the employee, by following it, can help make a profound difference. 7. Provides Clear Expectations of Compliance.
Critical Lessons from the Volkswagen Scandal | Corporate …
WEBSep 11, 2020 — There are lessons to be learned from VW’s errors. In 2015, the company confessed to cheating emissions tests on 11 million vehicles across the globe. “Dieselgate,” as the scandal was called, was a punch to VW’s reputation. The financial hit, significant. The company has paid a whopping $9.5 billion in the last four years to American car ...
The Essential Guide to Compliance Risk Management
WEBJul 7, 2021 — Home Resource Library. The Essential Guide to Compliance Risk Management. CCI's guidebook offers first steps for today's compliance & risk professional. by Corporate Compliance Insights. July 7, 2021. in Resource Library, Whitepapers. This getting-started guide introduces you to key concepts and processes, and shows you how to assess and manage ...
Ethisphere Lists 136 Companies as Most Ethical in the World
WEBMar 15, 2022 — Six of the 136 companies honored have been recognized 16 straight years, every year since the awards began in 2007, while 14 are first-time honorees. There are many household names on the list, including companies like Starbucks, as well as some that are less well-known, like insurance company TIAA. “At TIAA, transparency, accountability and ...
Key Topics to Cover in Your Compliance Training – and How to …
WEBJul 12, 2021 — It’s the same at every job: An employee’s first day (or even week) is dedicated not to doing the work they were hired to do, but to learning how to do the work. Even if they have experience in the field, the new employee needs to be trained on the specific policies and procedures in place at the company.. While this type of training, known as “compliance training,” may seem tedious, it ...
8 Crucial Compliance KPIs - Corporate Compliance Insights
WEBDec 19, 2023 — Compliance metrics, often intertwined with key performance indicators (KPIs) and key risk indicators (KRIs), are essential tools to gauge a company’s adherence to both internal protocols and external regulations. These metrics offer insights into the effectiveness of an organization’s compliance program, shedding light …
Empowering Employees to Speak Up Against Unethical Behavior
WEBJun 6, 2019 — Speaking up in the face of unethical behavior takes a great deal of courage, and your company needs employees who feel empowered to share their concerns without repercussion. It’s up to the organization and its leaders to foster an ethical culture and integrate compliance training to support business objectives so employees will feel ...
10 Questions You Should Ask About Risk Management
WEBFeb 18, 2022 — Jim DeLoach Jim DeLoach, a founding Protiviti managing director, has over 35 years of experience in advising boards and C-suite executives on a variety of matters, including the evaluation of responses to government mandates, shareholder demands and changing markets in a cost-effective and sustainable manner. He assists companies in integrating risk and risk management with strategy setting ...