We can help you with FCPA compliance
Are you wondering why all of a sudden you are hearing more about Foreign Corrupt Practices Act compliance?
It is in the news because foreign governments, especially China, and international organizations like the United Nations, World Bank, World Trade Organization, European Union, and African Union have adopted strong international, anti-corruption and anti-bribery laws and standards.
So it is important that U.S. companies doing business internationally ensure corporate compliance with the FCPA.
FCPA Penalties can be harsh
In general, the Foreign Corrupt Practices Act, enacted in 1977, prohibits payments to foreign officials for the purpose of obtaining or keeping business. In addition, local statutes, such as the mail and wire fraud statutes, can come into play. Penalties for non-compliance can be harsh.
To better serve our clients, Plante Moran’s Enterprise Risk Services (ERS) team has developed a tool to review compliance with FCPA and applicable local legislation.
- During the review process, the team will use the tool to devise and perform tests of your books and records to assess your level of compliance with the FCPA.
- The Plante Moran professionals also can identify deficiencies and, in coordination with your legal team, offer suggestions to rectify the infractions.
You can depend on our experience with the FCPA process
The global experience and internal audit skills of the ERS team are important to the FCPA process. Team members have done internal control assessments and reviews in nearly every industry across the country and around the world.
Most of our ERS team members carry professional certifications including Certified Internal Auditor (CIA), Certified Internal Control Auditor (CICA), Certified Public Accountant (CPA), Certified Information Systems Auditor (CISA), Certified Fraud Examiner (CFE), Certified Information Technology Professional (CITP), Certified Information Security Manager (CISM), and Certified Information Systems Security Professional (CISSP).