Anti-Corruption Handbook - How to Protect Your Business in the Global Marketplace

Informationen zum Autor WILLIAM P. OLSEN, CFE, CGFM, CIA, is Principal in the Advisory Services practice and National Practice Leader of Investigations at Grant Thornton LLP, the fifth largest and fastest growing global accounting firm. He provides anti-corruption consulting services to clients around the world, performing numerous investigations involving money laundering, organized crime and corruption, due diligence, and computer forensics. He has also consulted numerous organizations on developing policies, controls, and procedures to assure compliance with government regulations. Klappentext The global marketplace can be risky business.Get the knowledge and tools you need to get a competitive advantage in the global markets with The Anti-Corruption Handbook: How to Protect Your Business in the Global Marketplace.Authoritative and timely, this essential guide equips you--whether you are an auditor, CFO, general counsel, internal auditor, compliance officer, or forensic accountant--to readily identify the signs of corruption and fraud in the global marketplace and successfully investigate it.This practical guide presents a clear picture of the world of global business corruption, with discussion of:* The U.S. laws governing corruption* The pitfalls of emerging markets* The key to unmasking corrupt activity* Reducing risk through technology* Intellectual property theft* The current state of anti-money laundering in the global marketplace* How to investigate allegations of corruption* Costs of corruption for industries, economies, and countriesWith detailed coverage of the evolution and accounting provisions of the Foreign Corruption Practices Act (FCPA), The Anti-Corruption Handbook: How to Protect Your Business in the Global Marketplace sheds light on the issues and threats that your business faces, the risks of doing business in the global marketplace, and the precautions your organization must take to deter such activity from occurring in the first place. Zusammenfassung * Fighting Global Corruption skilfully explores the risk of doing business in the global marketplace and the precautions companies and organizations can take to deter corruption. Inhaltsverzeichnis Preface xiii About the Contributors xvii Chapter 1 Managing Corruption Risk 1 You are Not Alone 2 Bribery and Kickbacks 2 Economic Espionage 2 Money Laundering 3 Developing Effective Compliance Programs 3 Performing Due Diligence 4 Chapter 2 What is Anti-Corruption? 5 Anti-Corruption Detection and Prevention 5 Critical Elements of an Effective Compliance Program 6 Governance and Oversight 9 Chapter 3 U.S. Efforts to Combat Global Corruption 11 The Emergence of Nongovernment Organizations 12 World Trade Organization 13 Global Forum on Fighting Corruption 13 International Financial Institutions 14 International Chamber of Commerce 15 Transparency International 15 Global Corporate Governance Forum 15 The Role of Civil Society 16 The Emerging Markets 16 Chapter 4 U.S. Laws Governing Corruption 19 Racketeer Influenced and Corrupt Organizations Act 19 RICO Offenses 20 Sherman Antitrust Act 21 Anti-Kickback Act of 1986 22 Economic Espionage Act of 1996 23 Chapter 5 The Evolution of the Foreign Corrupt Practices Act 27 Background 27 Anti-Bribery Provisions 29 Third-Party Payments 31 Facilitating Payments 32 Sanctions against Bribery 33 Chapter 6 Internal Controls and Accounting Provisions of the FCPA 35 FCPA Accounting Provisions 36 Failed Controls 36 Controls Assessment 37 Conclusion 38 Case Study: Rolling on a River 39 Chapter 7 <...

List of contents

Preface.
 
About the Contributors.
 
Chapter 1 Managing Corruption Risk.
 
You Are Not Alone.
 
Bribery and Kickbacks.
 
Economic Espionage.
 
Money Laundering.
 
Developing Effective Compliance Programs.
 
Performing Due Diligence.
 
Chapter 2 What Is Anti-Corruption?
 
Anti-Corruption Detection and Prevention.
 
Critical Elements of an Effective Compliance Program.
 
Governance and Oversight.
 
Chapter 3 U.S. Efforts to Combat Global Corruption.
 
The Emergence Of Non Government Organizations.
 
World Trade Organization.
 
Global Forum On Fighting Corruption.
 
International Financial Institutions.
 
International Chamber Of Commerce.
 
Transparency International.
 
Global Corporate Governance Forum.
 
The Role Of Civil Society.
 
The Emerging Markets.
 
Chapter 4 U.S. Laws Governing Corruption.
 
Racketeer Influenced and Corrupt Organizations Act.
 
RICO Offenses.
 
Sherman Antitrust Act.
 
Anti-Kickback Act of 1986.
 
Economic Espionage Act of 1996.
 
Chapter 5 The Evolution of the Foreign Corrupt Practices Act.
 
Background.
 
Anti-Bribery Provisions.
 
Third Party Payments.
 
Facilitating Payments.
 
Sanctions Against Bribery.
 
Chapter 6 Internal Controls and Accounting Provisions of FCPA.
 
FCPA Accounting Provisions.
 
Failed Controls.
 
Controls Assessment.
 
Conclusion.
 
Case Study: Rolling on a River.
 
Chapter 7 Do Not Crimp: The Need for Oversight of Foreign Operations.
 
Pitfalls of Emerging Markets.
 
Monitoring Behavior.
 
Education and Communication.
 
Extending the Tone from the Top Beyond the Borders.
 
Case Study: Bribes in the USSR.
 
Chapter 8 The Human Factor.
 
Why Focus on Fraud and Corruption Risk?
 
Behavioral Root Causes of Fraud and Corruption.
 
Psychology of Fraud Perpetrators.
 
Understanding Management Fraud.
 
Chapter 9 Corporate Governance: The Key to Unmasking Corrupt Activity.
 
Enterprise Risk Management: Create Stronger Governance and Corporate Compliance.
 
Mitigating Risk.
 
Ascertain Risk Areas.
 
Establishing Procedures to Mitigate Risk.
 
Perform a Periodic Assessment.
 
Blowing the Whistle on Corporate Fraud.
 
Chapter 10 Whistle-Blower Programs.
 
Pulling Out the Ear Plugs.
 
Understanding Stakeholders and their Needs.
 
Steps of the MACH Process.
 
Monitoring the MACH Process.
 
Conclusion.
 
Appendix.
 
Chapter 11 Document Retention.
 
Create, Communicate, Monitor.
 
Reduce Risk Through Technology.
 
Computer Crime.
 
The Most Common Computer-Related Crimes.
 
The Value of Stored Data.
 
Chapter 12 Information Security: Intellectual Property Theft Is Often the Result of Government Corruption.
 
Information Security Audit.
 
Classification of Information.
 
Division of Responsibilities and Duties are an Effective Strategy in Protecting Trade Secrets.
 
Information Security Control Officers or Custodians.
 
Use of Confidential or Proprietary Markings.
 
Document Destruction.
 
Education and Training.
 
Background Checks.
 
Confidentiality Agreements.
 
Employee Orientation.
 
Separation Plans.
 
Physical Security.
 
Systems Security.
 
E-Mail Policy.

Product details

• Authors: William P Olsen, William P. Olsen, Wp Olsen, OLSEN WILLIAM P, Olsen William P.
• Publisher: Wiley, John and Sons Ltd
• Languages: English
• Product format: Hardback
• Released: 28.04.2010
• EAN: 9780470484500
• ISBN: 978-0-470-48450-0
• No. of pages: 192
• Subjects: Social sciences, law, business > Business > Business administration; Rechnungswesen, Revision, SOCIAL SCIENCE / General, Accounting, Auditing, Revision (Wirtsch.), Social and ethical issues, Budgeting and financial management