Fraud

Corporate Compliance from a Shareholder’s Perspective

Shareholders obviously have a financial interest in making sure that the corporation in which they invest is run profitably. From an ethical perspective, shareholders should also have an interest in making sure that their corporation is conducting business in a moral and ethical manner. While there may sometimes be a short-term tension between profits and ethics, ethical behavior should ...

healthcare-fraud

Feds Use Tougher Tactics To Fight Healthcare Fraud

  • September 10, 2012

In a recent webinar Michael F. Ruggio and Michael Volkov outline how the government's ongoing crackdown translates into unprecedented risk of civil and criminal enforcement for a wide variety of healthcare organizations.

Continuous Control Monitoring in the ERP

Continuous Control Monitoring in the ERP

Continuous controls monitoring (CCM) and continuous transaction monitoring (CTM) are increasingly becoming an integral part of the journey to achieve an effective and efficient GRC program. PwC's Michael Baccala and Robert Clark talk about a practical way to take action on making full use of your enterprise risk planning investment in meeting your governance, risk and compliance obligations and ...

world bank sanctions guidance

World Bank Sanctions: Guidance for Practitioners

The World Bank sanctions system has teeth. Just ask Oxford University Press, Alstom, KBR, and the more than 80 other companies and individuals debarred last year for violating the Bank’s Procurement Guidelines and Consultant Guidelines. If you happen to be serving as a respondent’s attorney before the Sanctions Board, here are some things you should know.

compliance and ethics

Better the Devil You Know Than the Devil You Don’t

Statistically, more reports about fraud and potential compliance & ethics deviations are made through the management chain of command than through a “hotline.” While chain-of-command reporting is, in my opinion, the better path, it could also remove a significant compliance control feature – assuring that the compliance officer is made aware of such complaints.

fraud corporate integrity agreement

Your Corporate Compliance and the Corporate Integrity Agreement

Management that turns deaf ears when subordinates report false billing or illegal marketing in dealing with federal or state governments can unleash a torrent of financial and reputational harm on the company. Indeed, that scenario is just the sort of situation that can turn into a full-blown, multi-million-dollar whistleblower settlement brought by a company insider under qui tam provisions ...

dominique strauss-kahn fcpa compliance

FCPA Compliance Monitoring: Catching the Red Flags

Many organizations overlook their ERP system as a “data-driven” line of defense. It is a transaction-based system that, if properly managed, can assist in preventing corporate failures or capturing illegal activities that can cripple an organization. It’s designed to protect an organization, small or large, private or public, from illegal activity. In the wake of […]