SOX Compliance: Costs Down, Hours Up

By Matt Kelly | June 26, 2019 | 0 Comments

Protiviti has released its annual study of SOX compliance costs — a mixed picture where compliance costs are drifting downward overall, even while the hours spent doing SOX compliance work are on their way up. The report polled nearly 700 finance or audit executives. Frankly, the statistics about SOX compliance costs don’t tell us much,…

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Sacramento Kings

Internal Control Airball at Sacramento Kings

By Matt Kelly | June 24, 2019 | 0 Comments

Talk about a flagrant foul: The former chief revenue officer for the Sacramento Kings was sentenced Monday to seven years in federal prison, for duping some of California’s largest businesses into wiring $13.4 million to bank accounts he secretly controlled so he could buy beachfront homes on the California coast. Jeffrey David worked as the…

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Walmart fcpa

Real Meaning of the Walmart Case

By Matt Kelly | June 24, 2019 | 0 Comments

All weekend I’ve contemplated what to say about Walmart’s FCPA settlement. Quick minds in ethics and compliance have already pumped out paragraph after paragraph dissecting the case, and more minds will pump out more paragraphs still, before everything is said about this landmark case. Except, the Walmart case isn’t a landmark, really. Read the statement…

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compliance jobs

Compliance Jobs Report: June 21

By Matt Kelly | June 21, 2019 | 0 Comments

The Compliance Jobs Report this week has a new commissioner at the SEC; personnel shifts at Realogy, Danske Bank, Natural Fuel, Dr. Reddy’s Labs, and more. We also have four job openings this week, a smattering of other gossip, and our Meme of the Week goes out to Walmart. I gather these bits of information…

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About Us

Technically, Radical Compliance is the personal blog of Matt Kelly, long-time writer and observer of the corporate compliance and GRC scene. I was a writer, editor, and publisher at Compliance Week, 2003 through 2015; some of you may know me from my career there. I also speak frequently at compliance conferences and other events, and will pretty much shoot the breeze on any compliance topic with anyone who asks.

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