Posts by Matt Kelly

Stats on Third-Party Oversight

third-party

Uneasy with your company’s third-party risk? Looking for some validation that your organization is normal? No worries — a fresh survey from Deloitte confirms that plenty of other organizations have only a precarious grip on their third parties, too. The report, released Tuesday and based on data from a Deloitte webcast held in October, found…

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Event: Governance Forum, Jan. 23

Next week I have the privilege of moderating an executive forum in Philadelphia, where four stellar thinkers about compliance, audit, and corporate governance will be discussing some of the big issues emerging for executives and board directors in 2019. To focus my thoughts, I’ve been pondering: what are some of the big issues emerging for…

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Compliance Jobs Report: Jan. 11

compliance jobs

In the Compliance Jobs report this week, we have the CCO at Stanford moving into a new role, a new CCO at AmerisourceBergen, plus moves at Cantel Medical, Rio Tinto, and elsewhere. Another GRC vendor is flush with cash. We spotted a few cool job openings, and of course our Meme of the Week. I…

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Talking Compliance Analytics at AB-InBev

analytics

We have another Radical Compliance podcast today, this time looking at data analytics and integration challenges at the largest beer brewer in the world: Anheuser-Busch InBev. For anyone considering more analytics in your compliance program (which should be all of you) this chat with Matt Galvin, vice president of ethics and compliance at AB-InBev, is…

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Deloitte Inspection Report Released

Deloitte

The PCAOB has released its latest inspection report for Deloitte, finding that 20 percent of the audits examined were flawed enough to question whether auditors had reached defensible conclusions. This is the first inspection report we’ve seen this year for a Big 4 firm, and also the first one issued since new leadership took over…

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Women in Compliance Award Finalists

Attention all women in compliance, and anyone else working with them: finalists for the 2019 Women in Compliance Awards have been announced, so you may want to review the list of nominees and see which one of your colleagues deserves a high five. This is the sixth year for the Women in Compliance Awards. The…

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Compliance Jobs Report: Jan. 4

Compliance jobs

Welcome to the first Compliance Jobs Report of 2019! We have financial crimes hires at UBS and the New York Fed; compliance promotions or new hires at Etihad Airways and Parker Drilling; and other news from Alcon, USAA, and lots more. Plus our compliance Meme of the Week! I gather these bits of information from…

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Hertz, Estimates, and Internal Controls

Hertz

Who says a government shutdown means no news for internal control and compliance? On New Year’s Eve the Securities and Exchange Commission served up another juicy enforcement action, hitting Hertz Corp. with a $16 million penalty for sloppy accounting practices that led to a financial restatement in 2015. The case is worth a look because…

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Nine Compliance Issues for 2019

2019

Welcome to 2019, everyone! The federal government may be shut down, but corporate compliance never stops. Now that we’re done returning Christmas presents and deleting emails clogging our in-boxes, our thoughts turn to how the corporate compliance landscape might evolve in the coming year. Without further delay, then, my annual list of compliance issues that…

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Many Lessons in Polycom FCPA Case

Polycom

Corporate compliance officers have one more enforcement action to study in 2018: Polycom, the company that makes those UFO-shaped speaker phones on your conference room table. The company (now a subsidiary of Plantronics Corp.) just agreed to pay $36 million to settle FCPA charges in a case with lessons for pretty much everybody. The FCPA…

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