Category Archives: Internal Controls

Common Elements of U.S. Corporate Compliance Frameworks

How much do you really know about your company’s inner operations? How much can you know? If someone in your organization was bribing foreign officials, illegally dumping toxic substances, or falsifying business records, would you know about it before it appeared on federal enforcement radar? If not, a single unscrupulous individual or a small group of conspirators could bring your entire organization down. Given that it’s impossible to oversee every employee action at all times, how do you protect your company from noncompliance that can trigger potentially crushing prosecution? The answer is to implement and maintain a corporate compliance program that deters wrongdoing while qualifying your company for leniency if rogue actors transgress the law.

By North American Forensic Accounting | Published September 1, 2025 | Posted in Compliance, Internal Controls |

10 Indispensable Internal Controls for Every Business

Since at least the 16th century, English speakers have repeated the proverb, “When the cat’s away, the mice will play.” It’s a concept that school children readily understand, especially when their regular teacher is absent and they’re treated to a substitute. Yet, the simple lesson seems to elude many business leaders whose companies are riddled with internal fraud. Of course, you can’t stand over your employees every moment of the day, but you need to have guardrails in place to keep them on the straight and narrow. In this article we’ll present a recent case where the rodents ran wild, and our list of 10 controls you must implement to be an effective feline.

By North American Forensic Accounting | Published August 1, 2025 | Posted in Internal Controls |