15 Step Compliance Roadmap to improve your Company’s Overall FCPA program
The American companies had been making questionable payments of millions of dollars to foreign government officials, politicians and political parties in the seventies. After finding these facts, the U.S Congress enacted Foreign Corrupt Practices Act (FCPA) in 1977, with the aim of putting an end to the bribery of foreign officials, reinstating public confidence in the integrity of the American business system, and promoting stronger and more reliable foreign legal regimes. The enforcement of FCPA is a shared responsibility of the U.S. Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). According to the head of the DOJ's Criminal Division, the agency’s focus on FCPA enforcement is "stronger than it's ever been — and getting stronger." He warned the executives and employees that “we seek to hold you personally accountable for FCPA violations."
Irrespective of the size of the company, doing business internationally opens up opportunities as well as challenges; therefore, what may be considered as legitimate in one country might be unethical and illegal in another. With the rise in FCPA enforcement, the finance and accounting professionals need to know about the requirements of the FCPA. These professionals should be armed with a proper compliance road map and a good working knowledge of what the act means to the company.
Join Chris Doxey for this information packed session to get insights on some of the practical FCPA compliance strategies and internal controls, which can be immediately implemented at your company. Chris will help you discover what the FCPA means to your company and how it can impact your disbursement processes. After attending this power packed session, you can alert your staff about FCPA requirements and make the necessary changes to your business processes and internal control programs. You will also learn about the handy 15 Step Compliance Roadmap that can help you improve your company’s overall FCPA program.
Take a look at the topics covered:
Foreign Corrupt Practices Act (FCPA)— a detailed overview
Definition of Foreign Official
How to steer clear of illegal payments to foreign officials
What Constitutes a Payment
What is “Corrupt Intent”?
Know the Importance of Compliance
Discover your 15 Step Compliance Roadmap for the FCPA
Find out the Costs of Non-Compliance
Identify the Red Flags of FCPA Violations
Case Study (Wal-Mart & Avon)
Questions and Discussions
Who should attend?
Private and public companies with a global presence
Chris Doxey has held senior finance and controller positions at Digital Equipment Corporation, Compaq Computer Corporation, Hewlett Packard, MCI, APEX Analytix, and BSI Healthcare. She has experience in the areas of accounts receivable, credit and collection, internal audit, internal controls, payro...
Disclaimer: The content herein does not represent any association between CFPB and Eli Financial LLC. CFPB neither endorses any product of Eli Financial LLC nor warrants accuracy of the content hereto.