When choosing transactions to test as part of anti-bribery assessments, the usual suspects include expense accounts like consulting, marketing, promotions, commissions, or miscellaneous. Other expense accounts are selected based on the nature of the company’s business, risk factors or descriptions of the account.… Continue Reading
Posts Tagged: risk alerts
Risk Alert – Are asset sales or purchases part of your anti-corruption due diligence and assessments?
When planning your next anti-corruption risk assessment or audit, one area that may deserve closer attention is asset sales and purchases.
This risk area is often overlooked in routine compliance planning and testing, but it is a growing focus of any enforcement actions your company may face.… Continue Reading