For companies doing business internationally, the need for a strong Foreign Corrupt Practices Act (FCPA) compliance program has never been greater. Investigations and penalties by the Securities and Exchange Commission and Department of Justice have hit an all-time high, and will likely continue to increase. A well-designed FCPA compliance program can significantly reduce your risk of violating the FCPA and having to pay the accompanying penalties. Our team helps organizations assess risk and design FCPA compliance programs to develop and monitor FCPA compliance.
Our areas of expertise include:
We assess your organization’s specific circumstances to determine areas of high risk, then evaluate and recommend enhancements to your FCPA compliance program. Our focus on key, high-value program components reduces risk exposure at a reasonable cost.
We administer policy certifications for employees as well as third parties. Certification requests are emailed to the target audience. Upon completion, electronic signatures are captured and made accessible to management on a real-time basis.
We provide both online and in-person customized FCPA training for management and employees.
We design a strong and effective system of books and records controls developed around anti-corruption policies and procedures. We then monitor the controls by executing detailed tests of transactions (including disbursements, expense reports, and monitoring management’s contract review) to ensure compliance with your organization’s policies and procedures.
Our strong partnerships with legal counsel in both local and foreign jurisdictions provide you with easy access to experts who can review contract language or respond to any issues that arise. In addition, our international compliance resources—through the Baker Tilly International network—enable us to oversee a complete, world-wide FCPA program for your organization.
Our FCPA programs can be seamlessly integrated with your Sarbanes-Oxley control structure, allowing ongoing parallel monitoring of compliance for both Acts.
Our FRCompliance software tracks all aspects of your FCPA program— including certifications, training, and ongoing monitoring of compliance with internal controls— in a single, easy-to-use, Web-based solution.