For the last several years, Compliance Week has published an annual benchmarking survey, asking compliance officers how they work with their peers, what their responsibilities are, what resources they have, and much more. This report explores a wide range of issues confronting compliance organizations today. The 35 questions were grouped into four broad categories: the resources that compliance departments have; the compliance risks associated with their operations; the risks within the extended enterprise; and the use of technology.

We then asked compliance executives across Corporate America (and overseas) to take the Compliance Trends Survey. Participants hailed from many industries, and their companies had median annual revenue of $2.5 billion and more than 7,000 employees—in other words, a strong representation of modern, global businesses.

More than 200 respondents helped us understand the common practices of compliance functions today. We took the data and used it to answer three questions in this report:

Do compliance executives have the appropriate authority and resources to do their jobs?

Are compliance executives addressing the right risks?

Do compliance executives use the right metrics to measure progress?

Read In Focus Compliance Trends Survey 2014.