Internal Controls


Oilfield

ProPetro shuffles leadership team amid accounting probe

2019-10-10T19:46:00+01:00By

ProPetro Holding has announced a shuffling of its executive leadership team following the completion of a review conducted by its audit committee into a series of internal control failures.

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Ask Amii mailbag: Keeping up with AI, global compliance norms

2019-10-09T14:59:00+01:00By

In this “Ask Amii” monthly mailbag, executive coach and former Chief Compliance Officer Amii Barnard-Bahn explores the future of compliance and best practices for establishing your program in a non-U.S. domain.

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Webcast: Following the money to prevent human trafficking

2019-10-03T14:00:00+01:00Provided by

This webcast will help compliance executives explore the latest research and practical insights on how to manage human trafficking and manage third-party risks.

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White paper: Internal Controls Over Financial Reporting Considerations for Developing and Implementing Bots

2019-09-30T02:22:00+01:00Provided by

Companies are rapidly digitalizing parts of their business through robotic process automation (RPA). RPA uses computer-coded, rules-based software robots (i.e., bots) to automate certain human tasks.

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Counterpoint: CCO, GC independence is critical

2019-09-27T15:40:00+01:00By Matt Stankiewicz

Matt Stankiewicz of The Volkov Law Group discusses the importance of having compliance and legal remain separate functions.

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Point: Why CCOs should report to GC

2019-09-27T15:36:00+01:00By Jeff Kaplan

Attorney Jeff Kaplan offers five cons to keeping the chief ethics and compliance officer role separate from general counsel.

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‘Inside the Mind’ is our data-driven ode to CCOs

2019-09-26T10:53:00+01:00By

We’re celebrating “Compliance Officer Day” by releasing our first annual “Inside the Mind of the CCO” special report, which is aimed at, among other things, figuring out what motivates and challenges today’s chief compliance officers.

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CCO compensation data reveals big strides for women

2019-09-26T10:45:00+01:00By

Bucking the trend: Survey shows women more likely to hold top compliance roles, have a law degree, and make a bit more money than men.

Q&A

Hiring manager: CCOs are in demand, seeing salary bumps

2019-09-24T19:21:00+01:00By

A managing director at an executive search firm that specializes in compliance hires has some advice—and a bit of good news—if you’re looking for a job as a CCO.

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Webcast: How to avoid training fatigue

2019-09-24T15:38:00+01:00Provided by

Training fatigue is real and has damaging consequences. In this webinar, learn the cognitive science behind fatigue and how to avoid it.

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White paper: Transform your Compliance and Ethics Training with Integrity

2019-09-21T12:54:00+01:00Provided by

Your annual compliance and ethics training is the flagship communication to your global workforce; the effectiveness of your training has far reaching, significant impacts for your organization.

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White paper: 2019 CCO Playbook

2019-09-10T18:44:00+01:00Provided by

Understanding the regulatory environment, both past and current, can help shape your compliance strategies. ComplySci’s CCO Playbook will ensure you keep up with regulatory changes and provide you with a game plan to meet many of the top challenges CCOs face today.

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White paper: Essential transcription dos and don’ts for your audio recording review program

2019-08-29T01:33:00+01:00Provided by

Transcription is merely a starting point for call recording review and even the voice portion video recording review.. That said, voice-to-text technologies and even search tools built for transcripts still haven’t met both of the distinct last-mile-needs around using transcripts for compliance.

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Webcast: Beneficial ownership establishment & monitoring

2019-08-27T14:00:00+01:00Provided by

With most countries moving to due diligence requirements similar to the Financial Crimes Enforcement Network (FinCEN) Customer Due Diligence (CDD) rule or a beneficial ownership reporting regime or sometimes both, it’s challenging to know how to address the compliance burden. Understanding who you are doing business with and who controls ...

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Webcast: Why T&E audit is more than policy compliance

2019-08-22T14:00:00+01:00Provided by

Organizations are failing to solve the employee-spend challenge as travel and expense (T&E) transactions continue to suffer from non-compliance and fraud. Companies also have unnecessarily high audit costs and inadequate risk coverage thanks to manual testing of T&E transactions.

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Cathay Pacific execs quit due to Hong Kong protests

2019-08-20T15:19:00+01:00By

Amid pressure from Chinese authorities after initially not penalizing employees for taking part in the Hong Kong pro-democracy protests, two top Cathay Pacific executives have tendered their resignations.

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Webcast: Getting the audit scores you want

2019-08-20T14:00:00+01:00Provided by

Many organizations today need to adhere to stringent audit and compliance rules to prove they’re following established guidelines and regulations. An automated compliance approach centralizes audit information, and provides easier access to key controls and status. Furthermore, automation can reduce labor intensive costs and non-value-added time often associated with manual ...

Opioids

Chief compliance officer liability and the opioid epidemic

2019-08-02T17:32:00+01:00By

In a period of three months, two chief compliance officers have been charged for their individual roles in the opioid epidemic—a clear indication the Department of Justice continues to expand the scope of prosecutions to those who fail in their compliance responsibilities.

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Max Roche on grant money management compliance

2019-07-22T18:20:00+01:00By

Max Roche, compliance manager of direct funding at the World Economic Forum, discusses his role in making sure grant money received by the organization is spent in the way intended.

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White paper: 5 Compliance Steps for Video Conference Recording in Financial Services

2019-07-08T16:57:00+01:00Provided by

There are 6+ different electronic communications present in video conferencing. MiFID II and SEC 17a-4 have retention and supervision requirements that apply to the audio and electronic communication within video conferences, requiring organizations to develop a compliance plan to govern this growing medium of communication.

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Vanessa Rossi on operationalized compliance done right

2019-07-02T15:46:00+01:00By

Vanessa Rossi, senior compliance counsel at Baker Hughes, explains to columnist Tom Fox the benefits of operationalized compliance and how to ensure it is properly in place.

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KPMG fallout: Cheating allegations raise new questions

2019-06-19T19:33:00+01:00By

After new allegations at KPMG of cheating on internal training tests, audit committees now have another area of questioning for their external auditors.

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Benchmark report provides holistic look at compliance best practices

2019-06-18T15:49:00+01:00By

A benchmark report published by NAVEX Global provides comprehensive research into the multiple disciplines of an ethics and compliance program.

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Data, behavioral analysis must go hand in hand

2019-06-07T20:16:00+01:00By

There is a growing realization that data analysis, devoid of psychological and behavioral analysis, might not be as effective as hoped or intended.

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Soft skills, strategy set to define CCO of future

2019-05-30T17:30:00+01:00By

Determining the future of compliance and its practitioners is a tall task, one that a panel of experts at CW’s 2019 annual conference analyzed with their respective insights.

HuiChen

Compliance pioneer defines the future path of profession

2019-05-20T22:17:00+01:00By

Compliance functions of the future need to better use data, measure outcomes, and deal with differing views on what constitutes good ethics, says expert Hui Chen.

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Nissan to overhaul its governance structure

2019-05-20T11:22:00+01:00By

In a meeting this month, Nissan’s board of directors unanimously voted in favor of a transition from a company with statutory auditors to a company with three statutory committees.

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A new CCO’s Herculean task at Wells Fargo

2019-05-17T15:32:00+01:00By

Compliance Week chats with Wells Fargo CCO Mike Roemer about the challenge of rebuilding trust at a company that’s been the poster child of compliance and risk management gone wrong.

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Inside Wells Fargo’s plan to restore trust

2019-05-17T15:19:00+01:00By

Compliance Week looks at highlights from Wells Fargo’s plan to transform the future.

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How to Effectively Achieve Sustainable Compliance

2019-05-16T15:25:00+01:00Provided by

SOX has been in effect for more than 15 years, yet many companies still haven’t streamlined key elements of their compliance process. Spreadsheets and email remain the most common way to manage the data collection and affirmations that compliance requires. Software designed to manage compliance can provide strong controls that ...

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Inside Conflict of Interest: Interview with an Industry Leader

2019-05-16T15:07:00+01:00Provided by

Osprey Compliance Software is proud to bring you this inside insight interview with Roy Snell. As the ex-CEO of major compliance organizations SCCE and HCCA, Roy is a well established expert in the compliance industry.

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Microlearning: The New Standard for Compliance Programs

2019-05-15T20:13:00+01:00Provided by

Traditional compliance training methods are no longer effective at reaching today’s employees. As a compliance professional, you need new methods to ensure employees engage with and retain your compliance communications.

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Companies Look to Combat Corporate Misconduct

2019-05-15T17:22:00+01:00Provided by

As corporate misconduct, such as sexual harassment and discrimination, continue to make headlines, companies are becoming increasingly focused on detecting “bad behaviors” so they can be appropriately managed.

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5 Seismic Shifts In Compliance Training

2019-05-14T14:57:00+01:00Provided by

Compliance training is one of the most powerful tools a compliance team can use to empower employees to be their most ethical selves. With less than 1% violations resulting from actual malicious intent, this webinar will dig in to the critical shifts you can make to use this employee touchpoint ...

Terms

EU data supervisor warns online providers about Ts & Cs

2019-05-02T19:06:00+01:00By

The European Data Protection Supervisor is warning social media and tech companies that their consumer terms and conditions may soon come under increased scrutiny if they fail to comply with the agency’s rules.

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Brian Beeghly on defining ethical leadership

2019-04-29T07:22:00+01:00By

Brian Beeghly, former chief compliance officer at Johnson Controls, explains to columnist Tom Fox the steps taken in designing a leadership model in the wake of an FCPA investigation.

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The Four Pillars of a Comprehensive Harassment Prevention and Compliance Strategy

2019-04-26T21:14:00+01:00Provided by

3 out of 4 non-manager employees who experienced harassment did not report it, according to a 2018 Society for Human Resource Management (SHRM) survey.

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Breaking down the barriers to effective internal control

2019-04-24T19:08:00+01:00Provided by

When implementing and maintaining an effective internal control framework challenges can often come from multiple angles - Process, Culture and Technology. These are amplified when working outside of the highly regulated industries such as Finance and Healthcare. In order to successfully plan and implement a control framework that delivers increased ...