Tagged: effective compliance program

Convergence of Audit and Compliance Functions

Humans have a tendency to make things more complicated than they really are. To capture the flavor of my sentiment, all you need to do is watch the beginning scenes of “History of the World, Part I” by Mel Brooks (Here) to see how simple life was in the early history of man. Returning to the serious subject of compliance, there are some who argue...

The Only Thing You Have to Fear . . . Is No Documentation

Compliance is a profession that requires multi-tasking – another profound grasp of the obvious. But in the multi-tasking world, some principles and strategies are more important than others. My colleague and compliance guru Tom Fox has coined the mantra: “document, document and then make sure you document.” My contribution to this same mantra is along the same lines: “If you do not document, then in...