Compliance

UHY Advisors Forensic, Litigation & Valuation Services anti-corruption professionals are experienced in creating complete anti-corruption compliance programs from performing a risk assessment, developing the anti-corruption policy, designing compliance procedures, to establishing a due diligence process, deploying live and web-based training programs, conducting compliance function assessments.

The anti-corruption risk assessment is perhaps the most important element for establishing an effective compliance program. Specifically it allows companies to understand the depth of their risks and determine the appropriate level of resources to be deployed to the high risk areas. UHY Advisors professionals carefully evaluate key risk areas when performing a risk assessment. Examples of these areas include:

  • Geographical & Country Risk
  • Level of Involvement with Governmental Officials
  • Nature of Contracts 
  • Extent of Agent Usage 
  • Level of Import vs. Export Activities
  • Current Anti-Corruption Compliance Effort
  • Extent of New Initiatives
  • Pressures on Management
  • Level of Legal Involvement 
  • Process & Entity Level (Tone at the Top of the Organization) Controls
  • Internal Audit Program
Upon completion of the risk assessment, our anti-corruption professionals work closely with companies to design custom compliance programs to ensure the policies and procedures are consistent with the culture of the organization. Additionally, UHY Advisors' professionals are experienced in working with companies to develop training programs that custom fit the organization.

Our anti-corruption professionals also custom design cost-effective tests to help companies measure the effectiveness of the anti-corruption compliance function. This design considers the high risk of certain locations, other testing that may have occurred in-country from Sarbanes-Oxley or internal audit, degree of red flags, and past incidents of violations. Testing can also include advanced techniques such as Data Mining to identify data inconsistencies and Financial Analysis by applying forensic accounting techniques.