Remember Me


Q:

Anti-Bribery Audit Process

Asked on 14 February

As an audit manager of a Fortune 500 company, we are currently working to upgrade our Anti-bribery audit process. This is an audit we do proactively to look at internal controls which, if not in place or working properly, could raise the risk of bribery activity.

Current steps include review and testing of controls on sources/uses of cash; approval and appropriateness of payments, reviews of one-time/special payments, travel & entertainment, gifts, etc. We also look at selection process/pricing of vendors for competitiveness, appropriate approval, etc. as well as a special focus on interactions with consultants, agents, and any government official.

I wanted to see if others had any additional steps or approaches to this subject. Thanks.
Loading...
Loading...


PLEASE LOGIN TO ADD YOUR ANSWER.

Loading...
Loading...
 

About the Controls, Compliance and Audit Related Services Forum

A forum in which members may discuss ongoing Internal Controls issues

> Go to the CEB Accounting & Reporting Leadership Council Website

Statistics

3715 Replies to 472 Questions
3304 Members

Moderator

Shriya Sabharwal
Finance Practice


Related Questions



<< Back to the Questions list
Edit Response