Anti Corruption

Course Overview

Corruption is a global problem. In the three decades since US’s Congress enacted the FCPA, the extent of corporate bribery has become clearer and its ramifications in a transnational economy starker. Corruption impedes economic growth by diverting public resources from important priorities such as health, education, and infrastructure. Corruption is also bad for business. Corruption is anti-competitive, leading to distorted prices and disadvantaging honest businesses that do not pay bribes. It increases the cost of doing business globally and inflates the cost of government contracts in developing countries.

A company’s code of conduct is often the foundation upon which an effective compliance program is built. The most effective codes are clear, concise, and accessible to all employees and to those conducting business on the company’s behalf.

Who is this Course for?

• Compliance officers and auditors
• Internal and External audit professionals.
• Finance professionals who need to understand the corruption controls.
• Accountants who want to move from bookkeeping to the more exciting and financially rewarding Financial Planning and Analysis role.

Course Outline

• Foreign Corrupt Practices Act (FCPA)
• Foreign Officials
• UK Bribery ACT
• Canada’s Corruption of Foreign Public Officials Act,
• Conflicts of Interest
• Anti-Kickback Act
• Actions of Agents
• Recordkeeping
• Common Red Flags
• False Claims Act (FCA)
• Whistleblowers
• Gifts, Entertainment, and Travel Expenses
• Charitable Donations
• Political Contributions
• Consequences for Non-Compliance