
Managing Risk
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The American public and
news media are focused on the conduct of companies as we navigate
through the current global economy.
What if you picked up the newspaper tomorrow and read that your company
was responsible for the misappropriation of Government funds, violations of law and/or
poor
business practices?
Even when unintentional, the penalties are just as
disruptive. Many companies find themselves quietly
recovering from
unfavorable audits as the Government seeks to protect
taxpayers by restricting the ability
of these companies to compete for
Federal contracts (i.e., Companies without Government
approved purchasing systems must submit most
procurements for Government approval before
subcontracting which can translate into 30-45 day
delays). |
What if you picked up the newspaper tomorrow and read that your company was responsible for the misappropriation of Government funds... |