The Securites and Exchange Commission has placed a renewed interest in the accounting provisions of the Foreign Corrupt Practices Act, specifically the internal controls provisions. It would seem that the reason is straightforward: A company with rigorous internal compliance controls is better able to prevent, detect, and remedy any FCPA violations that may occur.

Thomas Fox has practiced law for over 40 years. Tom writes the daily award-winning blog, the FCPA Compliance and Ethics blog and founded the Compliance Podcast Network. Tom leads the discussion on AI in...