Auditing third parties is critical to any compliance program and an important tool in operationalizing your compliance program. This is a key way that a company can manage the third-party relationship after the contract is signed and a measure that the government will expect you to engage in going forward. 

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...