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Internal Audit Functions Corporate Governance Internal Controls

Society of Corporate Compliance and Ethics...

Testing Your Compliance Program

Auditing and monitoring of the compliance program is pretty standard these days. Entain’s Karen Nightingale, Group Director of Ethics & Compliance and Jonathan Fox, Group Head of Ethics & Compliance Programmes, make the case...more

Thomas Fox - Compliance Evangelist

5 Practical Steps for Conducting a Culture Audit that Meets DOJ Standards

The  2024 ECCP demands data-backed evidence of a genuine, embedded compliance culture. The DOJ’s stance is clear: a company’s commitment to compliance is only credible if it’s supported by data that reflects employee...more

NAVEX

A Salute to Internal Auditors

NAVEX on

May is International Internal Audit Awareness Month. During this time, the Institute of Internal Auditors (IIA) encourages members, chapters, and institutes around the world to promote the value and critical role of internal...more

K2 Integrity

Internal Audit and COVID-19: From Surviving to Thriving

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The COVID-19 pandemic has drastically impacted businesses and their known risk profiles. As part of an organization’s third line of defense (after the business’s operational management and its risk management and compliance...more

Thomas Fox - Compliance Evangelist

Talent Mix: Maximizing Your Program’s Reach with Diverse Skillsets

Ed. Note-We welcome back Troy McAlister with another guest post. Troy brings 20 years of experience at both public and private companies, in public accounting and in a variety of industries. Troy has experience in...more

The Volkov Law Group

The IIA’s New Three Lines of Defense Model Misses The Mark

The Volkov Law Group on

Corporate governance and compliance is not as hard as everyone tries to make it.  Much of management theory, risk management, and theories surrounding corporate operations is intuitive.  ...more

Thomas Fox - Compliance Evangelist

Creating an Inventory of Metrics

I recently had the opportunity to visit with Michele Edwards, Partner at StoneTurn, to consider some of the impacts on corporate compliance programs from the recently released 2020 Update to the Department of Justice’s (DOJ)...more

Society of Corporate Compliance and Ethics...

[Event] March Basic Compliance & Ethics Academy - March 2nd - 5th, San Diego, CA

Our Basic Academies are ideal for professionals with some compliance knowledge and experience who are ready to support, enhance and manage a comprehensive compliance program. They are taught by compliance professionals,...more

Thomas Fox - Compliance Evangelist

The OFAC Compliance Framework: Element 4 & 5 – Testing and Auditing & Training

After a short visit to Val Lewton’s Cat People, I return to conclude this multipart series on the Framework for OFAC Compliance Commitments (Framework). Every compliance professional of any stripe needs to read, understand...more

The Volkov Law Group

The Current State of Compliance and Internal Audit Partnership

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Compliance officers and internal auditors are natural partners and allies in the compliance governance landscape.  As the compliance profession and influence grew, compliance officers often leaned on internal auditors for...more

The Volkov Law Group

Digging into High-Risk Distributors (Part II of II)

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Compliance professionals are implementing their own monitoring and auditing strategies.  Internal audit does not have the resources nor the time to assume responsibility for this function.  If possible, internal audit may...more

The Volkov Law Group

Five Signs Your Company Lacks Integrity

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It is always easy to second-guess or look back with 20-20 hindsight on a compliance breakdown and point out all the problems that were ignored or created by corporate actors. There are common factual scenarios that recur in...more

The Volkov Law Group

What Happens When a CFO Fails to Listen to the CCO?

The Volkov Law Group on

Chief financial officers are powerful players in the corporate governance landscape. CFOs play a critical role in the management and oversight of the company’s internal accounting controls. Sarbanes-Oxley lifted the...more

The Volkov Law Group

The Vital Role of Internal Audit to Compliance

The Volkov Law Group on

A chief compliance officer can only succeed with the support of other important compliance partners. Another way to put it – in the words of Blanche Dubois from A Streetcar Named Desire, “I have always depended on the...more

Jones Day

Anti-Corruption Regulation Survey of 41 Countries 2017–2018

Jones Day on

Welcome to the 2017-2018 edition of the Jones Day Anti-Corruption Regulation Survey. In 2017 and 2018 to date, there has continued to be an increasing awareness among multinational companies of the significance of...more

The Volkov Law Group

Internal Testing and Monitoring of a Compliance Program

The Volkov Law Group on

Compliance is a dynamic subject and a profession that “never sits still.” Compliance professionals are always developing new ideas, strategies and approaches to solve problems, and increase efficiency and effectiveness. It...more

The Volkov Law Group

CCOs and CFOs: Bringing Everyone Together

The Volkov Law Group on

Chief compliance officers are politicians and have to possess great interpersonal skills. They have to “get along” and persuade key constituencies — most especially their business partners – to commit and devote time and...more

The Volkov Law Group

The Importance of Compliance Program Audits

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Chief compliance officers spend a significant amount of time comparing their compliance programs with other companies’ programs. CCOs often find solace when benchmarking their respective programs against other companies’...more

The Volkov Law Group

Ensuring Compliance with Controls

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Let’s start with some basics – a public company is required to implement a set of internal controls. A compliance program is a critical part of a company’s internal controls. A company’s compliance program is only as...more

Thomas Fox - Compliance Evangelist

Compliance into the Weeds-Episode 40, COSO ERM Framework Update

In this episode Matt Kelly and I take a deep dive into the revisions to the COSO ERM Framework, which were based on comments by practitioners. We consider the role of culture and risk, the integration of the COSO ERM...more

The Volkov Law Group

Compliance and Financial Audits – Distinctions With Substance

The Volkov Law Group on

Chief compliance officers and internal auditors are natural friends and allies. In the corporate governance world, they share many common interests....more

The Volkov Law Group

Building a Due Diligence Infrastructure (Part IV of IV)

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A due diligence infrastructure is designed to demonstrate a company’s good faith commitment to compliance with anti-corruption laws by: identifying corruption risks; and mitigating such risks to ensure that the company does...more

Mintz - Health Care Viewpoints

5 Takeaways from the HHS OIG’s Guidance for Health Care Governing Boards

Tuesday, the HHS OIG, in collaboration with the Association of Healthcare Internal Auditors, the American Health Lawyers Association (AHLA), and the Health Care Compliance Association, released a guidance document entitled...more

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