(Journal of Accountancy, February 2012)
In Brief: Take this ten-question US Foreign Corrupt Practices Act (FCPA) quiz to learn how your knowledge measures up.
Our View: Many companies are turning to Internal Audit to prevent FCPA violations and ensure proper controls are in place to mitigate risks. Given the more stringent legislative environment, leading companies are revising their existing approaches to anti-corruption compliance by tailoring programs to key regulatory requirements, clearly communicating expectations to both employees and third parties, and ensuring effective implementation and ongoing review of the program.
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