Fighting the Spread of Corruption


A new KPMG Forensics survey suggests multinational organizations in the United States continue to face challenges with key issues related to the Foreign Corrupt Practices Act. The survey, completed in summer 2008, found that 85% of the respondents had an FCPA compliance program, but many struggled with fundamental elements, including: performing effective due diligence on foreign agents/third parties (82%); auditing third parties for compliance (76%); and performing due diligence during merger or acquisition activities (73%).

Source: KPMG Forensic 2008 Anti-bribery and Anti-corruption Survey, www.kpmg.com.

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Are you working with the best technology? Do you know how to help your clients determine if their technology stack measures up? In this free report, J. Carlton Collins, CPA, explains how to answer those questions via a technology assessment engagement.

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