Mon.Jul 05, 2021

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Auditing the Anti-bribery and Corruption Program

Internal Audit 360

L ast October, the Securities and Exchange Commission sent a clear message to companies with significant operations overseas: ensure that a robust anti-bribery program is in place and functioning properly or pay the price. The SEC sent that message via a $10 million fine against Sussex, Wisconsin-based printing and marketing company Quad/Graphics Inc.

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What Does It Mean to Be Financially World Class?

Andrew Stolz

Many years ago, the management team of the business I co-own in Thailand, CoffeeWORKS , made it through the tenth year of an annual (and massive) quality audit done by one of our multinational customers. Our customer congratulated us for having World Class quality, the feeling among our management team and all employees was ecstatic. Since that time, we have maintained that World Class level of quality in CoffeeWORKS.