General

Thoughts on IoT and Cybersecurity Risk

IoT

This week I attended the AuditWorld 2018 conference in Las Vegas, a gathering of several hundred audit and IT security executives to swap insights about cybersecurity and internal control. I wandered into a session about cybersecurity concerns for “the Internet of Things” — and wouldn’t you know it, a conversation about policy and vendor risk…

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Another Compliance Candidate for Public Office

compliance

We came across another compliance officer this week running for public office: Jessica McClure, an environmental compliance executive running for Congress in Nebraska. McClure was originally a chemist by trade, then went to law school and graduated in 2013. She has been working in environmental, FDA, and customs compliance ever since. She also proudly says…

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When You Anonymously Report on Trump

report

Like millions of other Americans, I read that anonymous opinion column in the New York Times last week, apparently written by some senior official in the Trump Administration quietly aghast at the nuttiness of President Trump — and I thought, “Wow, that guy is a cowardly jackass.” That’s an easy reaction to have, after all.…

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Compliance, Monitoring, and Future CCOs

compliance

Last week I spoke with a mid-career compliance professional, someone with 15 years experience first as an auditor and then in compliance and monitoring. This person’s LinkedIn profile had a collection of employer names and work assignments that would be as impressive as any other. We were chatting about career prospects, and then this person…

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Compliance Depicted in Film

film

Last week we called out some of the ways that corporate ethics and compliance have been portrayed in television over the years. As promised, this week we have a look at ethics and compliance portrayed in film. Again, we had two criteria: the films had to be fictional (we will address the many outstanding documentary…

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Thoughts on Semiannual Reporting

reporting

Many moons ago — OK, actually 10 days ago, but that qualifies as many moons ago these days — President Trump floated the idea of letting U.S. companies adopt to semiannual corporate reporting rather quarterly. For a day we were all verklempt, torn between the lure of less short-term focus on Wall Street and our…

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The Best Compliance on Television

compliance

Several weeks ago I posted a question on LinkedIn: What are some of the best representations of corporate compliance, business ethics, or regulatory issues that you’ve ever seen on television? My only requirements were that the shows be fictional, and portray a legal business behaving in a corrupt manner (rather than an illegal business like…

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Random Compliance on My Mind…

compliance

Random thoughts about audit, risk, and compliance to keep you busy while I’m on vacation this week… So far, the Trump Administration’s enforcement of the Foreign Corrupt Practices Act and the policy changes implemented by deputy attorney general Rod Rosenstein are perfectly reasonable, considering that a Republican administration is running the show right now. Nobody…

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The Omarosa Compliance Lessons

Omarosa Maingault-Newman

Like so many other Americans this week, I’ve been both captivated and annoyed at Omarosa Manigault-Newman’s disclosure of conversations she secretly recorded at the White House. Worse, the more I watch this latest episode in the drama-rama otherwise known as the Trump Administration, the more I find valuable lessons for corporate ethics and compliance officers.…

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Podcast Series: Audit Transformation & Compliance

internal audit

Great news for corporate compliance and audit professionals who happen to be podcast enthusiasts: Tom Fox and I have just released a five-part series exploring the changing nature of the internal audit function, and how those changes might affect the relationship internal audit has with the compliance function and other parts of the enterprise. You…

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