Compliance Program Assessment

One of the seven elements of an “effective compliance program,” as defined by the Federal Sentencing Commission more than a decade ago, is a periodic critical review of the program to ensure it meets its objectives and accurately reflects the organization’s operations and compliance risks. Our comprehensive assessment process is designed to conduct such a compliance program review, and provide practical advice on how a client’s compliance program can better address the business and management needs of the organization.

With the increased focus on corporate governance and board oversight of management practices, the compliance program can play an important role in ensuring that an organization’s corporate governance structure is effective. Our assessment report gives the compliance officer, the board of directors and executive management guidance on how the organization’s compliance program can be fortified to ensure that it meets its objectives.

The Program Assessment process consists of a desk review of organization policies, procedures and compliance-related reports. In addition, on-site interviews are conducted throughout the organization to obtain a representative sample of employee perception of the effectiveness of the program and the compliance staff. We interview both management and line employees in order to determine strengths and weaknesses of the existing compliance efforts.

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Or, download the Program Assessment Fact Sheet by clicking the link below. For more information about how Compliance Resource Group, Inc. can assist your organization in its compliance efforts, please contact us at 703-683-7916.