One of my other favorite blogs about compliance and risk management is the one maintained by ACL, a software vendor that caters to the internal audit industry. Those of you who like to ponder the future of our profession might want to read the most recent post there, “The Maturing World of GRC” by John…
Read More
The other day I was talking with a compliance officer at a global pharmaceutical company, responsible for training employees from Morocco to Australia and all points in between. So, he asked, did I have any thoughts about what makes for effective compliance training? I loved his question because the compliance community talks all the time…
Read More
There we were last week, 14 of us, sitting around a large restaurant table to enjoy lunch and talk about data analytics tools to help compliance officers do their jobs. One participant vented about his company’s software to track travel and entertainment expenses. “I don’t like it,” the person said. “You get training on how…
Read More
Sometimes useful material floods into the corporate compliance world, and this week is one of those times. We have two new documents worth your consideration: a report from the Society of Corporate Compliance and Ethics; and new guidance on measuring corporate culture from the U.K. Financial Reporting Council. Each one deserves in-depth analysis in its…
Read More
An experiment is about to begin in the government sector: federal agencies are going to try embedding enterprise risk management into their operations. risk and internal control professionals in the private sector might want to watch this effort and see how it goes. Final word on the ERM initiative came down last week, when the…
Read More
Earlier this week I eavesdropped on a webcast hosted by Financial Executives International, talking about how data analytics continues to march its way into the heart of auditing. Almost every compliance officer would say that analytics is marching its way into corporate compliance as well, but let’s be honest—the audit world is ahead of the…
Read More
I spent a lot of time these days reading audit committee charters, to see how boards address risk management. I’ll be giving a talk on that subject later this year at the Society of Corporate Compliance & Ethics annual conference, and what better way to prepare than to go straight to the raw material? How…
Read More
Big news from the Securities and Exchange Commission this afternoon: Sean McKessy, the agency’s first and only director of the Office of the Whistleblower, is stepping down after five years on the job. The SEC’s prepared statement says McKessy will leave by the end of July, and does not say what he may do next.…
Read More
Well, it’s happened. The financial reporting world has reached peak non-GAAP discussion. The moment happened sometime last week. We had two research reports about use of non-GAAP accounting metrics published at the same time (one from Audit Analytics, the other from Calcbench and Radical Compliance), and a speech from Securities & Exchange Commission chairman Mary…
Read More
Credit goes to Credit Suisse today for giving us our latest example of real, practical challenges in corporate culture and conduct. Credit Suisse is one of our frequent fliers on this blog. I last wrote about the bank in March, when CEO Tidjame Thiam announced more layoffs and asset write-downs after discovered that employees had…
Read MoreAbout 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.