The New Era of Regulatory Enforcement: A Comprehensive Guide for Raising the Bar to Manage Risk (BUSINESS BOOKS) - Hardcover

Girgenti, Richard H.; Hedley, Timothy P.

Hardcover

ISBN 10: 1259584593 ISBN 13: 9781259584596

Publisher: McGraw Hill, 2016

Synopsis

Mitigate risk and achieve high-level business performance in today's regulatory and enforcement environment

The outset of the 21^st century has seen a relentless flow of events from the 9/11 terrorist attack to the 2008 financial recession that have given birth to a new regulatory and enforcement landscape. In today's global and digital world, this increasingly complex landscape has created unprecedented challenges and risks for businesses in all industries.

The New Era of Regulatory Enforcement provides an overview of the challenges companies face in conducting business in this new environment. It discusses the government policies, strategies and tactics driving enforcement activity and outlines the most effective approaches for preventing, detecting, and responding to the risks presented.

Authors Rich Girgenti and Tim Hedley--two highly experienced professionals at KPMG who daily work with organizations around the globe to help them understand and manage these challenges--draw upon their years of experience in both the private and public sector to provide an overview of the new regulatory and enforcement landscape and a framework for compliance. Assisted by a team of subject matter professionals, the book covers a broad range of topics including:

· bribery and corruption

· money laundering and trade sanctions

· market manipulation

· financial reporting fraud

· off-shore tax evasion

· unfair and abusive consumer finance practices, and

· fraud and misconduct in the Healthcare and Life Sciences industries

Prudent and diligent organizations must take the necessary steps to preserve the hard-earned value of their companies. In doing so, they will not only help improve their chances for sustainable business success, but also create benefit for their employees, shareholders, customers, and the public at large.

About this title

About the Authors

Richard H. Girgenti has over 35 years of experience in the investigation of fraud and abuse and in advising clients to prevent them.  He is the leader of the Forensic Services of KPMG LLP. He was a member of the Board of Directors of KPMG LLP, Prosecutor and former Director of the Department of Criminal Justice in New York State.

Timothy Hedley, Ph.D., CPA, CFF, CFE, is an executive-in-residence at the Gabelli School of Business, Fordham University. He is responsible for the school’s ESG Literacy programs. Tim teaches courses in sustainability reporting, business risks in a digital global economy, forensic accounting, managerial accounting, accounting fundamentals, and business ethics. Tim is a past Chair of the Connecticut Society of CPAs and the founding chairman of its ESG Committee. Tim is also a board member of the Center for Professional Accounting Practices.Tim has over 25 years of experience providing clients with a wide range of forensic services by assisting with preventing, detecting, and responding to governance and integrity risks. Until his retirement, he was a partner in the forensic practice at a “Big 4” accounting firm, where he served as global lead for the firm’s fraud risk management service offerings. In addition to authoring numerous articles, he is co-author of the books The New Era of Regulatory Enforcement: A Comprehensive Guide for Raising the Bar to Manage Risk and Managing the Risk of Fraud and Misconduct: Meeting the Challenges of a Global, Regulated and Digital Environment, both published by McGraw Hill.

From the Back Cover

 

"Essential guidance for understanding and navigating the current enforcement environment. The New Era of Regulatory Enforcement should be required reading for all corporate executives and others responsible for meeting the challenges in this new era."

--Lanny A. Breuer, Vice Chair, Covington & Burling LLP, and former Assistant Attorney General for the Criminal Division at the U.S. Department of Justice

 

 "A brilliant tour de force! Hedley and Girgenti offer readers insight into the dramatic changes in regulatory enforcement as well as the tools they need to manage this brave new world. It is an invaluable resource for executives, advisors, and scholars. The framework offered is compelling and actionable."

--Batia Mishan Wiesenfeld, Ph.D., Andre J. L. Koo Professor of Management and Chair of the Department of Management and Organizations, Leonard N. Stern School of Business, New York University

 

"Corporate managers face a daunting task complying with the tectonic changes in the regulatory landscape over the past few years. This book provides a detailed road map for how to operate within the letter and spirit of the law."

--Neil Weinberg, Reporter, Bloomberg News

 

 

 "[This book] provides a solid backdrop (data) on current actions on the part of regulators (including financial impact), new laws and the framework for these laws, and how regulators are beginning to work more closely across borders to address global infractions.  I would encourage all ethics and compliance professionals to read the book as the basis for evaluating the effectiveness of their existing program and to learn valuable new insights."

--Ed Carr, CPA, Compliance Officer--Siemens Corporation

 

Edition details

• Publisher: McGraw Hill
• Publication date: 2016
• Language: English
• ISBN 10: 1259584593
• ISBN 13: 9781259584596
• Binding: Hardcover
• Number of pages: 336