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 ...
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 …
OneTrust to Acquire Ethics & Compliance Leader Convercent
WEBATLANTA, March 23, 2021 — OneTrust today announced it signed a definitive agreement to acquire Convercent, a provider of ethics and compliance cloud software.The acquisition will build on OneTrust‘s investments in creating technology that brings together privacy, security, data governance, ethics and compliance, GRC, third-party risk, and ESG into a single operational workflow.
Compliance Articles & News | The Web's Top Corporate …
WEBby Jonathan Armstrong. August 14, 2024. The European Union’s landmark AI Act formally went into effect Aug. 1, changing the way artificial intelligence is regulated across Europe — and, indeed, around the world. This first-ever comprehensive legal framework aims to ensure that AI systems released in the EU market and used in the EU are safe.
The Compliance Interview – 6 Helpful Questions
WEBMar 5, 2012 · The questions that are actually asked are determined largely as each interview proceeds. Though those questions will vary, there are some “universal” questions that I have found to be particularly helpful. Following are six of those questions: 1. What are the compliance- and/or ethics-related challenges you face most frequently in your ...
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.
4 COSO Risk Assessment Principles of the 2013 Framework
WEBMar 4, 2015 · There are four types of responses: acceptance, avoidance, reduction and sharing. Under the 1992 guidance, the focus was on transactional risk, i.e., risks in processes carried out at operational and functional levels. The 2013 Framework, with its emphasis on organizational objectives, puts a greater weight on entity-level risk.
CCI Launches Business Book Publishing Divison | Now Accepting …
WEBDALLAS, TX (September 1, 2020) – CCI Media Group LLC today announced the launch of CCI Press, an independent imprint that will publish business and career-related books targeting readers in corporate compliance, risk management and business ethics. CCI Media Group, which also owns www.CorporateComplianceInsights.com, said CCI Press will provide end-to-end publishing services for authors ...
The Best Questions to Ask During a Fraud Interview
WEBNov 17, 2020 · The following are some specific questions to help make any fraud interview you conduct more successful. 1. Start with Background Questions. Every fraud interview should start as a simple conversation. The goal is to learn some background information while building rapport with the interviewee. After stating the purpose of the interview, start ...
Compliance Monitoring: A Strategic Approach to Monitoring for …
WEBJul 29, 2010 · A Strategic Approach. by Jason Lunday. July 29, 2010. in Compliance. While a little-understood element of process management, monitoring serves as a powerful tool to ensure that ethics and compliance processes continue to work and improve. Ethics and compliance monitoring is a clear expectation but has not been well defined, leaving many ...