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Ethics, Compliance Auditing, and Emerging Issues

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Ethics, Compliance Auditing, and Emerging Issues

INTERNAL MEMO

TO: John Doe CEO
FROM: Glen Leonard
RE: Ethics Program / Training /Compliance Auditing
-------------------------------------------------
DATE: February 22, 2016

This memo serves as notice that we will soon initiate efforts to develop and implement an ethics program as well as the appropriate training and an effective way to monitor those plans. As you are aware, consumers and partners want to work with companies they can trust, and having a program that will build management skills and effectively structure business controls is a great way to become transparent and build that trust. Overall, an effective ethics and compliance program will protect the organization by identifying and preventing inappropriate conduct while promoting adherence to the legal and ethical responsibilities of the organization.
The core components of the proposed ethics program will include:

* Establishing Standards and Procedures – this will include code of conduct, policies and procedures * Training and Education, to ensure employees are trained on the code of conduct, policies and procedures and other programs and objectives that are relevant to the program * Monitoring, Auditing and Evaluation establishing a system to detect and prevent unethical conduct and to ensure the system is effective and being adhered to.
To close, with the establishment of an effective ethics programs will not only decrease potentially exorbitant fines, but reduce system vulnerability, improve the organization’s reputation and, increase employee commitment and trust. Introduction
As personal, business and government activities continually advance technologically, as does criminal activity. Cybersecurity is a grave concern for corporate leaders. Cyber-attacks on a global scale are…...

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