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News < Back Compliance : Sarbanes Oxley : Auditing New Anti-Corruption and Anti-Bribery Practice Guide Guidance addresses internal audit’s role and key approaches to assess risk
To assist internal auditors in assessing corruption and bribery risks, The Institute of Internal Auditors (The IIA) today released Practice Guide, Auditing Anti-bribery and Anti-corruption Programs. The guide identifies key components of such programs and internal auditors’ responsibilities within each. It outlines two broad approaches toward examining existing efforts:
The practice guide is made available as nearly 51 percent of businesses – including 57 percent of large corporations – expect bribery and corruption risks to increase in the next two or three years, according to the 2014 Anti-Bribery and Corruption Benchmarking Report produced by Kroll and Compliance Week. 180,000 members from 190 countries, providing professional development, guidance, and certification. |
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